More than half (59%) of respondents believe that chief executive officers (CEOs) are focused on finances rather than employees, according to research by Coleman Parkes and the Workforce Institute at Kronos.
Its The £60bn question report, which surveyed 200 employees, 150 HR managers and 150 business and operations managers, also found that around a third (34%) of all respondents rate employee engagement as strong within their organisation.
The research also found:
- 82% of operations and business manager respondents think that employees need to feel more engaged at work.
- Almost two-thirds (60%) of all respondents believe that better technology would enhance employee engagement.
- 40% of all respondents rate employee productivity as strong within their organisation.
- More than half (57%) of respondents think that rewards and incentives would increase productivity.
Joyce Maroney, director at the Workforce Institute at Kronos, said: “Strong employee engagement is fundamental to a business’ bottom line, with engaged employees much more likely to go the extra mile.
“However, this report demonstrates that engagement is not currently a core focus for HR teams or business leaders. To retain talent and create a motivated, productive workforce, businesses need to put their focus on their people through better communication and collaboration.”