Are you disengaged at your job?
If so, you’re not alone. According to a Tolero Solutions survey, more than 2/3 of your workforce peers are actively on the hunt for new job opportunities.
But why are these employees so fed up at their current organizations?
In descending order, the Tolero survey respondents listed bad leadership, organizational problems and a toxic work environment as the leading factors that are pushing them out the door and towards the wanted ads.
On average, replacing an employee costs 1.5 times the amount of that individual’s salary. Specifically for nonprofits, who often operate with a smaller budget and limited resources, exercising effective employee engagement strategies is crucial for retention purposes and organizational survival.
Unlike the Tolero Solutions survey, the Unemployment Services Trust (UST) targeted a specific sector—surveying more than 1,300 nonprofit executives, supervisors and staff in order to uncover just how engaged nonprofit employees really are, and why.
The 2015 UST Nonprofit Employee Engagement & Retention Report reveals that nonprofit employees actually have a high level of job satisfaction and engagement—with 85% of non-supervisory respondents reporting being “Satisfied,” “Highly Satisfied” or “Extremely Satisfied.”
In line with some of the Tolero Solutions survey findings, UST survey respondents pinpointed culture or office environment as a top factor that influences their general happiness in the workplace. And with 1/3 of these nonprofit employees saying they were “Somewhat” to “Extremely” likely to leave their jobs within the next year, it’s imperative that nonprofit organizations educate themselves on the latest engagement and retention strategies.
To foster a more positive workplace culture at your nonprofit, you can define your organization’s core values, communicate them regularly, establish rewards for demonstrating them, and ensure they are part of an employee’s experience from the interview all the way through their career.
Want to learn more about the latest nonprofit turnover and employee engagement trends? For a limited time, download your complimentary copy of the “2015 UST Nonprofit Employee Engagement & Retention Report” here!