“42.7 percent of all statistics are made up on the spot.”Â
Steven Wright
Another addition of leadership and talent management “facts” from all over the world. Some intuitive and some not….what do you think?
1. In a recent online survey by Silkroad, 78% HR professionals revealed their engagement practices. The majority (54%) don’t offer a formal engagement program despite the fact that 70% of senior level managers in their companies support such programs. In terms of engagement of different age cohorts, Millennials were rated least engaged (3.23 on a five point scale where “5” is considered high), followed by baby boomers (3.62) and Generation X (3.72).
2. A recent study by the Human Capital Institute and Lee Hecht Harrison based on 230 organizations around the world focused on the coaching field. Nearly 60% report that their executives meet with coaches on an as-needed basis and 32% report that coaching is not limited to the most senior leaders. Challenges and barriers included lack of resources (785), lack of upper management support (66%), lack of knowledge on how to implement coaching (40%) and lack of established guidelines for leaders (69%).
3. Want to keep workers healthier? Consider giving them paid days off when sick–particularly when they come down with things like the flu. Research suggests that employees staying home just one day with the flu resulted in more than a 25 percent decrease in influenza infections due to workplace transmission.
4. Among the 100 million people in this country who hold full-time jobs, about 70 percent of them either hate going to work or have mentally checked out to the point of costing their companies money — “roaming the halls spreading discontent,†as Gallup reported. Only 30 percent of workers are “engaged and inspired†at work.
5. The ADP Research Institute conducted the ADP / HR Benefits Pulse Survey on Wellness and published the results in April 2012. They found that 44% of mid-sized companies and 79% of large companies now offer wellness programs. The most common reasons were to improve employee health, control costs and increase productivity. The most common components for large companies included: employee assistance programs (76%), biomedical health risk screening (65%), Smoking cessation programs (62%), weight loss programs (59%), health promotion materials (54%), exercise programs (52%), nurse help lines (50%), web based coaching (49%), and electronic health risk appraisals (41%).
6. Employee engagement rises with our recent economic improvement: Researchers from Gallup (data based on interviews with 151,284 U.S. workers) calculated that in 2012 30 percent of workers were actively engaged in their jobs–an improvement of 7.2% when compared to similar data in 2009.
7. Data from the Gallup-Healthways Well-Being Index which surveyed 94,366 American adults working in 14 occupational categories in 2012 found significant decreases in productivity due to employees being absent from work due to physical illness. One finding was that 77% of workers have one or more chronic conditions or higher than normal body mass index (BMI) as an indicator of obesity. The obesity rate in the U.S. thus far in 2013, at 27.1%, is on pace to surpass rates in prior years.
8. Only 42% of companies have a formal process to measure turnover and 12% have none at all; track any turnover according to a survey of professionals from the American Management Association. Almost one-third of the managers polled had no idea what their optimal turnover should be (46% reported that the ideal turnover should be 10 percent or less).
9. New research from CareerBuilder shows the most in-demand college majors and fastest growing industries. The most in-demand majors were business (31%), computer science (24%0, engineering (17%), health professions (10%), math (9%), education and communication (7%) and liberal arts/humanities (6%). The top occupations for recent college grads included: 1) Registered nurses; 2) Sales representatives; 3) Accountants; 4) Customer service representatives; and 5) engineers.
10. Graduates from the class of 2013 are betting on their future employers for formal training, but they may be disappointed, according to a new study by Accenture, a global management consulting firm. Although 77 percent of this year’s graduates expect to receive formal training, fewer than 48 percent of graduates from 2011 and 2012 say they received training.
Back to research some new talent development facts….Be well….
Ken Nowack
Kenneth Nowack, Ph.D. is a licensed psychologist (PSY13758) and President & Chief Research Officer/Co-Founder of Envisia Learning, is a member of the Consortium for Research on Emotional Intelligence in Organizations. Ken also serves as the Associate Editor of Consulting Psychology Journal: Practice and Research. His recent book Clueless: Coaching People Who Just Don’t Get It is available for free for a limited time by signing up for free blog updates (Learn more at our website)
