"Employee Engagement Higher at Double-Digit Growth Companies"
No author cited
Hewitt Associates, May 2004.
Available Online (overview only)
According to this Hewitt study, companies who have achieved double-digit
growth have higher levels of employee engagement than those with single
digit growth. The research is based on data from the firm’s engagement
database, which represents four million employees. Hewitt defines engaged
employees as those who speak highly of their employers to coworkers, refers
potential employees and customers, wishes to remain with their organization
despite opportunities to go elsewhere, and exerts discretionary effort in
their work.
Among the study’s key findings:
- The leaders of double-digit-growth companies are more effective at instilling
pride and engendering a growth mindset in employees.
- Double-digit-growth companies are passionate about creating a positive
working environment and culture.
- The senior leaders of double-digit-growth companies have a higher level
of engagement than their single-digit-growth counterparts.
- Double-digit-growth companies provide more opportunities and support
for development.
- Employees of double-digit-growth companies exhibit greater connectedness
to their business, its performance and its leadership.
- Double-digit-growth companies have a higher ratio of engaged employees
and lower ratio of disengaged employees.
- Double-digit-growth companies show a greater tendency to solicit feedback
from employees and they do so more frequently.
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