11th November 2012

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by: Jo Dodds

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Categories: Engage for Success Blog

Open Letter to the Times – The Importance of Employee Engagement to the UK

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 Andy Harrison, CEO, Whitbread
Nigel Stein, CEO, GKN Richard Baker, Chairman, Virgin Active, DFS and Nectar
Adam Balon, Co-founder, Innocent Brendan Barber, General Secretary, TUC
Neil Bentley, Deputy Director General, CBI Sir Win Bischoff, Chairman, Lloyds Banking Group
Marc Bolland, Marks and Spencer Karen Boswell, Managing Director, East Coast
Adrian Brown, CEO, UK and Western Europe, Royal Sun Alliance Alex Gourlay, CEO, Health and Beauty Division, Alliance Boots
Peter Cheese, CEO, CIPD Sir Merrick Cockell, Chairman, Local Government Assoc
Eric Collins, CEO, Nampak Rob Devey, CEO, UK and Europe, Prudential
Carolyn Downs, CE, Local Government Assoc Paul Drechsler, Chairman and CE, Wates Group
Ronan Dunne, CEO, O2 David Evans MBE, CEO, Grass Roots Group
Barbara Frost, CE, WaterAid Sir Stephen Bubb, CE, Acevo
John Hannett, General Secretary, USDAW Sir Peter Housden, Permanent Secretary, Scottish Gov
Stephen Howard, CE, Business in the Community Antony Jenkins, Barclays Group Chief Executive
Ian King, CEO, BAE Systems Justin King, CEO, Sainsburys
Ian Livingston, CEO, BT Charlie Mayfield, Chairman, John Lewis Partnership
Tim Melville-Ross, Chairman, HEFCE Steve Mogford, CEO, United Utilities
Sir Eric Peacock, Entrepreneur, SME Sector Ian Powell, Chairman and Senior Partner, PwC
Martin Rayson, President, PPMA Dean Royles, Director, NHS Employers
Peter Sands, CEO, Standard Chartered Sir Martin Sorrell, CEO, WPP
Ed Sweeney, Chairman, ACAS John Walker, Chairman, Federation of Small Businesses
John Neill, CE, Unipart Christopher Hyman, CEO, Serco Group plc
Sir John Armitt, Chairman, Olympic Delivery Authority Mark Elborne, CEO Northern Europe, General Electric