According to Gallup’s “State of the Global Workplace” report, low employee engagement is a significant economic burden, costing the global economy approximately $8.9 trillion, equivalent to 9% of global GDP.
The report underscores the critical impact of employee engagement on organizational productivity and economic output. Engaged employees are more likely to contribute effectively to their organizations, driving innovation, efficiency, and overall performance. Conversely, disengaged employees can lead to decreased productivity, higher turnover rates, and increased operational costs.
Addressing employee engagement issues is therefore not only vital for individual organizations but also for the broader global economy. By fostering environments that promote employee satisfaction, motivation, and involvement, businesses can mitigate these economic losses and enhance overall economic resilience and growth.
