THE IMPORTANCE OF EMPLOYEE ENGAGEMENT FOR THE UK
As sponsors of Engage for Success, the national employee engagement task force launched by the Prime Minister last year, we are publishing today, compelling evidence of the effectiveness of employee engagement in driving performance and productivity for the economy.
Employee engagement is good for individuals, good for business and good for UK growth. The evidence is compelling. Only a third of people are fully engaged at work, the remainder not reaching their full potential. Research also suggests that £26bn in added GDP could be realised from this wasted opportunity.
Today’s report, Employee Engagement – the Evidence, shows clearly that organisations with high engagement levels outperform their low engagement counterparts in both private industry and in public service. Engaged organisations also report lower staff absence, lower turnover, fewer accidents and are linked to increased employee wellbeing.
Our organisations each have different challenges, but we all believe improving employee engagement can help improve productivity and performance in the UK, and thereby stimulate economic growth.
With two thirds of the UK work force failing to reach its full potential, we invite UK plc to join this movement for better engagement at work, so we all raise our game to meet the challenges ahead.
Signed by:
| Lord Gus O’Donnell, former Head of Home Civil Service Nigel Stein, CEO, GKN Adam Balon, Co-founder, Innocent Neil Bentley, Deputy Director General, CBI Marc Bolland, Marks and Spencer Adrian Brown, CEO, UK and Western Europe, Royal Sun Alliance Peter Cheese, CEO, CIPD Eric Collins, CEO, Nampak Carolyn Downs, CE, Local Government Assoc Ronan Dunne, CEO, O2 Barbara Frost, CE, WaterAid John Hannett, General Secretary, USDAW Stephen Howard, CE, Business in the Community Ian King, CEO, BAE Systems Ian Livingston, CEO, BT Tim Melville-Ross, Chairman, HEFCE Sir Eric Peacock, Entrepreneur, SME Sector Martin Rayson, President, PPMA Peter Sands, CEO, Standard Chartered Ed Sweeney, Chairman, ACAS John Neill, CE, Unipart Sir John Armitt, Chairman, Olympic Delivery Authority Mark Elborne, CEO Northern Europe, General Electric Christopher Hyman, CEO, Serco Group plc Sir Martin Sorrell, CEO, WPP |
| Andy Harrison, CEO, Whitbread Richard Baker, Chairman, Virgin Active, DFS and Nectar Brendan Barber, General Secretary, TUC Sir Win Bischoff, Chairman, Lloyds Banking Group Karen Boswell, Managing Director, East Coast Alex Gourlay, CEO, Health and Beauty Division, Alliance Boots Sir Merrick Cockell, Chairman, Local Government Assoc Rob Devey, CEO, UK and Europe, Prudential Paul Drechsler, Chairman and CE, Wates Group David Evans MBE, CEO, Grass Roots Group Sir Stephen Bubb, CE, Acevo Sir Peter Housden, Permanent Secretary, Scottish Gov Antony Jenkins, Barclays Group Chief Executive Justin King, CEO, Sainsburys Charlie Mayfield, Chairman, John Lewis Partnership Steve Mogford, CEO, United Utilities Ian Powell, Chairman and Senior Partner, PwC Dean Royles, Director, NHS Employers John Walker, Chairman, Federation of Small Businesses |
