Herman Trend Alert: Employee Engagement Is A Worldwide Crisis - aftermarketNews

Herman Trend Alert: Employee Engagement Is A Worldwide Crisis

According to the Gallup Organization, currently a mere 13 percent of employees throughout 142 countries across the globe are engaged in their jobs.

At this time, employers worldwide are suffering with very low levels of employee engagement. According to the Gallup Organization, currently a mere 13 percent of employees throughout 142 countries across the globe are engaged in their jobs. What Gallup means by "engagement" is that they are "emotionally invested in and focused on creating value for their organizations every day."
 
Similar to the firm’s 2009-2010 global study, the number of "actively disengaged workers" continues to be twice the number of engaged employees. Gallup defines "actively disengaged workers" as those who are "negative and potentially hostile to their organizations."
 
As economies begin to thrive, the lack of employee engagement will become an increasingly critical issue for countries and organizations that want to boost productivity. Here we are five years after the onset of the global economic crisis, and unemployment rates are still high in many developed-world countries, while growth rates in China and other large developing countries have been falling.
 
In spite of these factors, global demographic trends are having substantial economic consequences. In several areas, including southern Europe, South Asia and the Middle East, a "youth bulge," created by upticks in population, continues to create record unemployment among young people. At the same time, many large economies, including China, Japan and the United States, face talent shortages due to aging and shrinking workforces.
 
Engagement scores around the world vary widely, from a low score in China of six percent to the highest-score employees in the Philippines and North America (29 percent). In Brazil, the actively disengaged at 27 percent outnumber the engaged at 12 percent by more than two to one. Nonetheless, Brazil’s scores were the best of any of the 19 Latin American countries for which results were available. According to Gallup, "Tens of millions of Brazilians escaped poverty [during the period of 2010 to 2012], as the country’s middle class expanded."
 
What organizations need is to more effectively define and capitalize on their people’s talents, skills and energy. In many countries, raising workers’ levels of productivity is critical to business growth and sorely needed job creation. In countries that face talent shortages, companies that meet and exceed their employees’ needs are most likely to win in the competition for top talent – translating to a competitive advantage.
 
Companies across the globe will need to use assessments to ensure that workers are in the right positions and emotionally invested in their jobs. In the future, building highly engaged workforces by becoming a preferred employer of choice will not be optional, if profitability is to be optimized.

You May Also Like

AAM’s Next-Gen Electric Drive Systems on Display at CES

Among the products showcased at CES will be AAM’s electric drive units, e-Beam technology and component technology.

AAM's Next Gen Electric Drive Systems on Display at CES 2024

American Axle & Manufacturing announced it will have its technology on display at the 2024 Consumer Electronics Show, Jan. 9-12, 2024, in Las Vegas.

"CES is the premier event to showcase the full breadth and depth of our innovative solutions and tell our story to a broad range of partners," said David C. Dauch, AAM chairman and chief executive officer. "AAM continues to support a rapidly changing global auto industry by expanding our electrification platforms for any type of vehicle. This includes performance sedans, SUVs, light- and heavy-duty trucks and skateboards, empowering OEMs to create cleaner and more efficient vehicles."

Shop-Ware Partners with Amazing 7 on Phone Integration

The integration allows repair shop staff members to gain valuable context to incoming phone calls and respond to customers accordingly.

Shop-Ware-Amazing-7-phone-integration
Continental, Synopsys Team Up on Automotive Software Development

The collaboration aims to accelerate the development and validation of software features and applications for the Software-Defined Vehicle.

Epicor Unveils Digital Cataloging, Future Plans

The new catalogs use Epicor-validated, ACES-compliant data and an “Intelligent Search” feature to find the right part quickly.

Epicor digital catalog
Epicor Launches Automotive B2B eCommerce Platform

The Epicor Commerce for Automotive platform features multi-seller support and parts lookups for distributors and their customers.

Epicor commerce for Automotive

Other Posts

Marelli Launches Fuel System for Hydrogen Propulsion Systems

Marelli will present a variety of new technology at the CTI Symposium in Germany, Dec. 5-6.

The Automotive Aftermarket’s Role in a Circular Economy 

Take a deep dive into the factors driving the automotive aftermarket toward a more circular economy.

Circular economy
AI in the Aftermarket: Endless Applications Yet Hurdles Remain

The automotive aftermarket is delving into AI and ways it can help businesses be more productive and effective.

Intellias to Showcase HMI, ADAS and More at CES 2024

The company also will unveil the next generation of its IntelliKit, a portable fully-integrated digital cockpit.