Employee Engagement vs Employee Intentionality
Explore the differences between employee engagement and intentionality, especially concerning Millennials in the workforce. Discover how intentionality fosters deeper connections, leading to improved relationships, loyalty, and retention.
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Presentation Transcript
Employee Engagement VS Employee Intentionality By Drew Smith
Stats about Millennials: Workplace Stats: By 2025 Millennials will make up 75% of the workforce in the US Only 29% of Millennials are engaged at work (Gallup) 43% of Millennials plan on retiring before the age of 65 (T.RowePrice) Millennial Job Turnover costs the US Economy $30.5 billion dollars per year (Dynamic Signal) 73% of millennials work more than 40 hours per week. 44% of millennials would be more likely to increase their work engagement if their managers met with them regularly 61% of millennial employees believe that learning is the key to success in their career (Statista) 90% of millennials would trade money for a workplace purpose (talentculture) Millennials crave work-life balance, and research shows that 75% of millennials working remotely are engaged in their work, which is 46% higher than all millennials. (Gallup)
Stats about Millennials: Technology Stats: 93% of Millennials have smartphones 86% of Millennials use Social Media 53% of Millennials say they would rather use their sense of smell, than lose their technology. (McCann) 1 in 10 Millennials would rather lose a finger than give up their smartphone (Tappable) 73% of Millennials say technology made their work-life Balance easier
What is employee Engagement: This is more surface level Over the past 5 years, this has simply a buzz word We believe that if we "engage" it will drive retention Is this true though?
What is employee Intentionality: This is a deeper understanding of your employees It is understanding that Engagement isn't just a one-size fits all What do we know about Millennials, and how does it apply to intentionality? Steak vs Chicken
What does intentionality really do: Relationships Loyalty Retention Culture
Wrap Up: Thoughts? Actions? How do we take a more tailored approach vs a one size fits all?
