The latest Gallup report is out, and itโs packed with crucial insights that every leader should understand. Here are the key takeaways:
โข ๐๐ฆ๐ฉ๐ฅ๐จ๐ฒ๐๐ ๐๐ง๐ ๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐ซ๐ข๐ฏ๐๐ฌ ๐๐ฎ๐๐๐๐ฌ๐ฌ: High-engagement business units significantly outperform their low-engagement counterparts. According to Gallup’s 2024 meta-analysis, these teams see: 17% higher productivity 23% higher profitability 68% higher employee wellbeingโโ.
โข ๐๐ก๐ ๐๐จ๐ฅ๐ ๐จ๐ ๐๐๐ง๐๐ ๐๐ซ๐ฌ: Effective management is central to engagement and wellbeing. Managers who provide meaningful feedback, set clear goals, and build positive relationships create more engaged and productive teams. Organizations that prioritize manager development see better results across the boardโโ.
โข ๐๐๐ง๐ญ๐๐ฅ ๐๐๐๐ฅ๐ญ๐ก ๐๐ง๐ ๐๐ญ๐ซ๐๐ฌ๐ฌ: The report highlights a troubling rise in workplace stress. A staggering 41% of employees report experiencing a lot of stress, particularly those with poor management practices. Stress not only affects individual wellbeing but also organizational performance. Addressing this through better management practices is crucialโโ.
โข ๐๐๐ฅ๐ฅ๐๐๐ข๐ง๐ ๐จ๐ ๐๐จ๐ฎ๐ง๐ ๐๐ซ ๐๐ฆ๐ฉ๐ฅ๐จ๐ฒ๐๐๐ฌ: Wellbeing among younger employees dropped in 2023, emphasizing the need for tailored support and engagement strategies. Younger workers are particularly vulnerable to mental health challenges, which can impact their performance and retentionโโ.
โข ๐๐จ๐ง๐๐ฅ๐ข๐ง๐๐ฌ๐ฌ ๐ข๐ง ๐๐๐ฆ๐จ๐ญ๐ ๐๐จ๐ซ๐ค:Twenty percent of employees experience daily loneliness, with fully remote workers being the most affected. This highlights the importance of fostering connection and community, even in remote settingsโโ.
– ๐๐ง๐ฏ๐๐ฌ๐ญ ๐ข๐ง ๐๐๐ง๐๐ ๐๐ซ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ: Hiring and training managers who can effectively engage their teams is a critical strategy for improving organizational outcomes.
– ๐๐ซ๐ข๐จ๐ซ๐ข๐ญ๐ข๐ณ๐ ๐๐๐ง๐ญ๐๐ฅ ๐๐๐๐ฅ๐ญ๐ก: Implement organization-level changes that address the root causes of workplace stress.
– ๐๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฎ๐ง๐ ๐๐ซ ๐๐จ๐ซ๐ค๐๐ซ๐ฌ: Develop specific strategies to support the mental health and engagement of younger employees.
– ๐ ๐จ๐ฌ๐ญ๐๐ซ ๐๐จ๐ง๐ง๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฆ๐จ๐ญ๐ ๐๐จ๐ซ๐ค: Create opportunities for remote workers to connect and build relationships, mitigating feelings of loneliness.
The data is clear: engaged employees drive better outcomes. Itโs time to prioritize engagement, support mental health, and adapt to the changing needs of the workforce. Letโs create workplaces where everyone can thrive.
To your success,
Isabel
Isabel is an experienced Peak Performance Strategist with over 25 years of international work experience holding senior positions within the hospitality industry in countries around the world, as well as Executive and Leadership coaching, mentoring and training. She specializes in high performance strategy, leadership development and building organizational culture to help leaders and their teams learn, grow and succeed. Isabel is passionate about helping empower business leaders with the mindset, skills and strategies that they need to get ahead.
Mรกs informaciรณn disponible en www.isabelvalle.com.