CEOs from across the Nation Call on UK to Deliver £26bn GDP Growth by Better Engaging Employees at Work, Says Engage for Success *The UK is missing out on the full capability of 20 million workers because they are not actively engaged with their jobs and their employers *Two thirds of UK workers surveyed feel they have “more to offer” at work Business Wire LONDON -- November 12, 2012 At a time of unprecedented economic and financial uncertainty, a high-level task force of some of the UK’s most recognisable organisations is today calling for every leader and manager across the economy to play their part in tackling the UK’s employee engagement deficit, which is estimated to result in the UK missing out on some £26bn^1 in GDP each year. Leaders from private, public and third sector organisations came together at the Department for Business, Innovation and Skills in London to launch the latest evidence about the effectiveness of employee engagement, presented by the nationwide ‘Engage for Success’ task force. An analysis of the evidence launched today shows that: *Only around a third of UK employees say they are actively engaged at work, placing the UK ninth in engagement levels among the world’s twelve largest economies (Kenexa, 2009^2). *This represents some 20 million workers who are not delivering their full capability or realising their potential at work *In a Populus survey (2012), 64% of people said they have more tooffer in skills and talent than they are currently demonstrating or being asked to demonstrate at work^3 *ONS data reveals that on an output per worker basis, UK productivity was 20 percentage points lower than the rest of the G7 in 2011^4 *Even in turbulent economic times, organisations with high engagement levels outperformed the total stock market index and posted total shareholder returns that were higher than average in 2010^5. ‘Engage for Success’ is an independent, voluntary group of leaders, managers, trade unionists, engagement practitioners and experts who are backing the importance of employee engagement. The group was first launched by the Prime Minister in March 2011 and today’s evidence launch is a key milestone for them. Commenting on today’s launch the Prime Minister David Cameron said: "Engage for Success is a movement that I helped launch last year to get UK workers more involved in the decision making of their companies and feel more passionate about their work. "This meeting of leading companies and the publication of new evidence is an important step in achieving this and helping Britain to compete in the global race. With only a third of UK workers saying they feel engaged I encourage all companies to get involved in this important initiative." Also launched today is a national website (www.engageforsuccess.org) which is full of case studies, tools and techniques on how to better engage employees. The website is a free to use national resource which will help leaders and managers take practical action to engage their people. David MacLeod and Nita Clarke, Co-Chairs of the Task Force said: “As the UK faces up to the challenges of recession and global competition, improving productivity and performance among the UK workforce has to be a national priority and central to our country’s growth agenda. “Leaders at today’s launch understand the importance of employee engagement to the success of their organisations, now and in the future. Engagement is also vital for individual employees’ wellbeing. With such clear evidence about why engagement matters – for individuals, for organisations and for UKplc - there is a huge opportunity to be tapped. That is why our voluntary movement is launching a free for use website to help every organisation – big and small – engage with their employees better”. Note to editors Images from today’s evidence launch will be available from 13:00. About Engage for Success: Engage for Success is a movement committed to the idea that there is a better way to work; a better way to enable personal growth, organisational growth and ultimately growth for Britain by releasing more of the capability and potential of people at work. It is a voluntary movement of leaders, managers, engagement practitioners and experts who have come together to take the message about the importance of employee engagement out across the UK economy. The Engage for Success movement builds upon the publication of ‘Engaging for Success’, a report to Government in 2009. In 2010, the Coalition Government asked the authors, David MacLeod and Nita Clarke, to further spread the ideas in their report by ensuring a wider national awareness of and results from the importance of engagement. A series of ‘Engage for Success’ events across the UK follow in the coming weeks and months, helping practitioners to share knowledge and to continue encouraging good practice on employee engagement. These start with a major event on November 26^th at the QEII Conference Centre in London to mobilise support. The CEOs due to attend today’s event are listed below. Please check the Engage for Success website (www.engageforsuccess.org) for the most up-to-date list. 1. Marc Bolland – Chief Executive, M&S 2. Andy Harrison – Chief Executive, Whitbread 3. Barbara Frost – Chief Executive, Water Aid 4. Eric Collins – MD, Nampak 5. Ian King – CEO, BAE Systems 6. Richard Baker – Chairman - Virgin Active, Nectar, DFS 7. Ronan Dunne – Chief Executive, O2 8. Steve Mogford – Chief Executive, United Utilities 9. Mark Elborne – Chief Executive for North Europe, GE 10. Martin Donnelly – Permanent Secretary, Department for Business, Innovation and Skills 11. Amyas Morse – Auditor General, National Audit Office 12. Justin King – CEO, Sainsbury’s 13. Rob Devey – CEO, UK & Europe, Prudential 14. Rona Fairhead – CEO, Financial Times Group 15. Ian Powell – Chairman & Senior Partner, PwC 16. Carolyn Downs – Chief Executive, Local Government Association 17. Sir Win Bischoff – Chairman, Lloyds Banking Group 18. Neil Bentley – Deputy Director General, CBI 19. David Evans – Chairman and CEO, Grass Roots Group 20. Nick Creswell – Vice President, Talent and Development - Technology Thomson Reuters 21. Peter Cheese – Chief Executive, CIPD 22. Bernadette Malone - Chief Executive of Perth and Kinross Council For further statistical information: Kenexa (NYSE: KNXA) helps drive HR and business outcomes through its unique combination of technology, content and services. In 2012 the Kenexa High Performance Institute (KHPI) carried out a global study on employee engagement, speaking to more than 33,000 full time workers in 28 countries around the world, including more than 1,000 workers in the UK (download the KHPI report here: http://www.khpi.com/Current-R-D/WorkTrends/Context-EE). Key evidence in the 'Nailing the Evidence Report' was taken from the Kenexa's research and analysis of employee engagement. White papers mentioned in the MacLeod report can be found on the KHPI website (http://www.khpi.com/R-D-Library/White-Papers). If you would like to speak to Vernon Bryce, from the Kenexa High Performance Institute please contact email@example.com. Additional information about Kenexa and its global products and services can be accessed at www.kenexa.com. Follow Kenexa on Twitter: @kenexa ^1 Figure from Kenexa (2012) ^2 As published in Wiley, J, W., Herman, A., Kowske, B. (2012) ‘Developing and Validating a Global Model of Employee Engagement,’ in Handbook of Employee Engagement: Perspectives, Issues, Research and Practice, ed. S.L. Albrecht, Cheltenham: Edward Elgar Publishing Limited ^3 Populus survey of 2,049 GB adults, online, between the 26^th and 28^th October 2012, of whom 1,111 were employed either full or part time. ^4 Office for National Statistics, ‘International Comparisons of Productivity, First Estimates for 2011’ (2012) ^5 Aon Hewitt (2010) Contact: For media enquiries, including interview requests: Engage for Success Claire Bishop, 020 7215 5080 or Cohn & Wolfe Tom Fraser, 020 7331 5396 / 07921 025 830 Helen Searle, 020 7331 5309 / 07879 603 334 or For interviews with the author of the ‘Employee Engagement – the Evidence’ report: University of Bath Will Marsh, 01225 386285 Head of Corporate Communications
CEOs from across the Nation Call on UK to Deliver £26bn GDP Growth by Better Engaging Employees at Work, Says Engage for
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