If you are interested in the subject of employee engagement in business, you must have realized that the figures are unanimous. Engaged employees are more productive, less absent and are less likely to leave the organization voluntarily. It also has a positive impact on the employer brand. Even if all these aspects are interesting, do you know exactly how much you can expect to gain by deploying solutions that reinforce the commitment of your employees? To answer this question, we decided to rely on figures from scientific studies and on real results, observed by our customers. Discover our calculations.
Reminder on the consequences of disengagement
Various studies have been carried out in recent years concerning the cost of disengagement at work (APICIL, MOZART Consulting, Gallup). The calculation is complex, since it takes into account both the amount of absenteeism and the decrease in productivity, but also the resulting high turnover rate. In 2021, the average cost of disengagement and unhappiness at work isaround €15,000 per year and per employee.
On the other hand, we observe 23% profit increases on average for highly committed employees or even a decrease in turnover of around 50% in businesses where commitment is strong.
These numbers show the importance of commitment to the performance of your business. Let's now calculate the financial benefits associated with implementing the Teamstarter solution in an organization.
The numbers observed when deploying Teamstarter
Teamstarter: a platform to engage your employees
Teamstarter is an internal platform for your company, on which each employee can propose a project, which they will carry out once they have raised a sufficient amount. At the same time, each employee is allocated a monthly budget that they can use to finance the project (s) of their choice.
This solution makes it possible to positioning employees at the heart of the company, to use their creativity and energy to implement beneficial projects in which they believe.
Motivation levers have completely changed (salary vs meaning today) and Teamstarter allows you to come Addressing these new motivational levers to make them actors in your business.
By giving them Autonomy, of the responsibility, of senses, of The impact, you address the main new drivers of motivation for employees, to attract, motivate and retain them.
The numerical results of our customers
Because we know that it is difficult to realize the real results that can be perceived by deploying a solution, we decided to share, in all transparency, the results we observe with our customers. The following figures are therefore based on facts and not on projections: 100 customers and + 30,000 users.
- 82% collaborators Declare themselves more committed thanks to Teamstarter.
- 75% collaborators Talk about Teamstarter when they mention their business to a third party.
- 2 out of 3 employees mention the fact that Teamstarter was a differentiating element in the recruitment process to join their company.
- After deploying the Teamstarter solution, we observe a average commitment increase of 15% for employees who lead or co-manage a project.
- The impact of Taking initiative and bottom-up on employee engagement and therefore a 42% decrease in turnover was found for people who have led or co-led a Teamstarter project in one of our client companies.
The profitability to be expected with Teamstarter
Concretely, what profitability can you expect by deploying Teamstarter in your company? We have chosen to use both figures from scientific studies relating to disengagement, and those that we observe empirically among our customers.
The divestiture costs an average of €15,000 per year per collaborator (see Apicil/Mozart study). Of these €15,000 linked to disengagement, €9,000 are costs directly addressable by the company. 82% of employees using Teamstarter say they are more committed to their company thanks to our solution. Teamstarter therefore allows you toaddress these €9,000 withdrawal cost per employee.
According to a study conducted on a company of 500 employees using Teamstarter for 3 years, we found a 42% lower turnover on the employees who carried out a project than on the others. La employee loyalty is therefore more important when you are involved in the life of your company.
Additionally, Teamstarter is a key tool for your recruitment processes. In terms of employer brand, your committed employees are your main ambassadors and thus contribute directly to reduction in your recruitment costs. Your employer brand is an essential element when it comes to attracting talent. Your current employees become your ambassadors and make your business shine (word-of-mouth, social networks...). Today, it is becoming more and more complicated to attract talent and Teamstarter is a competitive advantage.
Teamstarter gives the power to act and thus facilitates taking the initiative. The consulting firm ORESYS carried out a study in 2017 showing that the more a company allows its employees to take initiatives, the more efficient it is. Encouraging initiative and empowering action provides an opportunity to generate new ideas and opportunities that contribute to business development.
Unleashing the potential of your employees contributes to their increase in skills. Your teams can thus progress and evolve while maintaining the desire to stay within your company in order to thrive there. Acting on skills development is a factor directly linked to retention of your talents.
Other benefits are not taken into account in these figures, but have a considerable impact on the company: creating links, developing a sense of belonging,...
Each project also has significant benefits, all of which can have positive consequences: QWL, CSR, productivity, etc.
As you can see, the financial impact of deploying the Teamstarter solution is major: it makes it possible to act on drivers of engagement, turnover and employer brand.
This is explained in particular by the considerable importance that employee engagement has on the performance of your organization. Involved employees are more productive, more creative, and take a lot more initiative to move projects forward. The repercussions of Teamstarter are therefore very concrete, and they extend beyond the financial aspect.
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