1
THE RISK OF DISENGAGED EMPLOYEES TO GROWTH AND PROFITABILITY 2.8 hrs Average number of hours a week spent on unnecessary administration according to recent research* Would you say your working life is too complicated? THE AVERAGE WORKING DAY IS BECOMING MORE COMPLEX A CLOSER LOOK AT THE FIGURES % = YES HR professionals Operations/Line of Business managers Employees 47% 39% 45% SMALL CHANGES CAN CREATE BIG OPPORTUNITIES Only two in four employees (40%) think their productivity is strong. Yet, with a combination of small changes, businesses can make work more simple, boost productivity and save millions each year. PUTTING EMPLOYEES FIRST SHOULDN’T BE THE LAST THING YOU DO Employee engagement is critical to boosting productivity yet only 32% of HR managers rate it as strong. WHAT WOULD PEOPLE DO IF THEY COULD SPEND LESS TIME ON ADMIN? HOW CAN WE FIX THE ISSUES? £27,600 average annual salary in the UK. £1,932 opportunity cost per employee of 2.8 hours of unnecessary admin. 31.05 million people in employment in the UK. Saving one hour per employee per week equates to £690 a year, that’s a staggering £21.4 billion to UK PLC. 1 59% 51% Focus on more important tasks More thinking and planning More focus on customers Engaging employees Salary only comes 10 th of 11 reasons why someone would leave their job Work-life balance is more important Making people feel valued Listening, understanding and supporting employees Engagement is as important as managing the numbers Fit for purpose technology Implementing technology to remove manual processes and provide control Technology that fits the internet generation and flexible working Simplifying the working day Reducing admin to focus on core tasks gives greater job satisfaction Allow them to communicate, collaborate and take control BIGGEST CHALLENGES FACED ON A DAILY BASIS Unplanned Absence Manual Systems Unrealistic Workload Management Pressure 57% ULTIMATE RESULT IS DELIVERING VALUE Engagement is a two-way process. Employees want to work for businesses that understand, listen and empower; employers must treat their people as assets, not as costs. The potential rewards of doing little things well are huge. I MY JOB For more information [email protected] +44 (0)118 978 9784 www.kronos.co.uk/workengaged * Research report: "The risk of disengaged employees to growth and profitability" 2016 81% of LoB and Operations managers say employees need to be more engaged only 31% say engagement is strong in their business COMMON DESIRE FOR IMPROVEMENTS MANY MANAGERS VIEW PEOPLE AS A COMMODITY NOT AN ASSET 60% believe their CEO is focused on finances rather than employees £ ! 60% OFTEN TOO MUCH FOCUS ON NUMBERS AND NOT STAFF Only 49% of HR managers see people as their top asset! 58% 57% 46% 59%

UK SMB Infographic

Embed Size (px)

Citation preview

THE RISK OFDISENGAGED

EMPLOYEES TOGROWTH ANDPROFITABILITY

2.8 hrsAverage number of

hours a week spent on unnecessary administration

according to recent research*

Would you say your working life is too complicated?

THE AVERAGE WORKING DAYIS BECOMING MORE COMPLEX

A CLOSER LOOK AT THE FIGURES

% = YES

HR professionals Operations/Line of Business managers

Employees

47% 39%45%

SMALL CHANGES CAN CREATE

BIG OPPORTUNITIESOnly two in four employees (40%) think their productivity is strong. Yet, with a combination of small changes, businesses

can make work more simple, boost productivity and save millions each year.

PUTTING EMPLOYEES FIRST SHOULDN’T BE THE LAST THING YOU DO

Employee engagement is critical to boosting productivity yet only 32% of HR managers rate it as strong.

WHAT WOULD PEOPLE DO IF THEY COULD SPEND LESS TIME ON ADMIN?

HOW CAN WE FIX THE ISSUES?

£27,600 average annual salary in the UK.

£1,932 opportunity cost per employee of 2.8 hours of unnecessary admin.

31.05 million people in employment in the UK.

Saving one hour per employee per week equates to £690 a year,

that’s a staggering £21.4 billion to UK PLC.

1

59% 51%

Focus on more important tasks More thinking and planning More focus on customers

Engaging employees Salary only comes 10th of 11 reasons why someone would leave their job Work-life balance is more important

Making people feel valued Listening, understanding and supporting employees Engagement is as important as managing the numbers

Fit for purpose technology Implementing technology to remove manual processes and provide control Technology that fits the internet generation and flexible working

Simplifying the working day Reducing admin to focus on core tasks gives greater job satisfaction Allow them to communicate, collaborate and take control

BIGGEST CHALLENGES FACEDON A DAILY BASIS

UnplannedAbsence

ManualSystems

UnrealisticWorkload

ManagementPressure

57%

ULTIMATE RESULT IS DELIVERING VALUEEngagement is a two-way process. Employees want to work for businesses that understand, listen and empower; employers must treat their people as assets, not as costs. The potential rewards of doing little things well are huge.

I

MY JOB

For more [email protected]+44 (0)118 978 9784

www.kronos.co.uk/workengaged

* Research report: "The risk of disengaged employees to growth and profitability" 2016

81%of LoB and Operations

managers say employeesneed to be more engaged

only

31%say engagement is

strong in their business

COMMON DESIRE FOR IMPROVEMENTS

MANY MANAGERSVIEW PEOPLE AS ACOMMODITY NOT

AN ASSET

60% believe their CEO is focused on finances rather than employees

£ !60%

OFTEN TOO MUCH FOCUS ONNUMBERS AND NOT STAFF

Only 49% of HR managers see people as their top asset!

58% 57%46%

59%