This calculator is based on research from Martin Seligman, Harvard, Gallup, and SHRM. Here is a breakdown of what their independent research uncovered regarding sales, retention, and productivity.
SALES:
— Martin Seligman, Ph.D., University of Pennsylvania, discovered through research for his book, Learned Optimism, that a happier, more positive sales team can lead to an increase in sales by 37%.
RETENTION:
— In 2016, the Society for Human Resource Management [SHRM] survey uncovered the average cost-per-hire for companies is $4,129.
— According to Gallup, employees who are engaged are 59% less likely to look for a job with a different organization in the next 12 months., Gallup Panel Web Study using Gallup-Healthways Well-Being Index
PRODUCTIVITY:
— In a 2015 Harvard study, it was determined that workers in the top 1% in terms of productivity add about $5,000 to profit per year, while a toxic worker costs about $12,000 per year.
— In Gallup’s 2016 Q12® Meta-Analysis Report: Ninth Edition, it was learned that higher levels of employee engagement could lead to a 21% increase in productivity.
DISCLAIMER:
The purpose of this calculator is to provide a general idea of what a happier, engaged team can do for your bottom line. It does not guarantee that you will experience the same results but demonstrates what has been uncovered through independent research.