Tag Archives: Gallup Poll

Create a Better Work Environment for Employees and Save Money

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happy workersAccording to a recent Gallup poll poor management is costing the United States from $450 billion to $550 billion per year in lost revenue. The single most important cause of this loss is a disengaged workforce. The poll revealed that out of 100 million full-time employees in the country, about 70 percent feel uninspired and alienated from their jobs. Compounding the problem is the large number of employees who quit their jobs.  In June 2014 more than 2.5 million people quit their jobs, and the number seems to be on the rise.

One coaching and leadership company, CMOE, did a survey to find out what components characterize a strong work environment.  Their goal was to find out how to help companies to get rid of poor managers, reduce or eliminate high employee turnover and disengagement.

CMOE discovered that there are three main components to creating a successful organization:

•    Helping others learn and grow
•    Have a positive attitude
•    Solve problems effectively and efficiently

In addition, leaders should be strategic and forward thinking. They should have good communication skills. Having long-term  goals also helps to inspire employees.

Optimism Up Says Poll

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According to the most recent Wells Fargo/Gallup Small Business Index, optimism among small business in the US is higher than it’s been at any time since 2008. The November overall Index score topped at 58, flying past July’s score of 49. The last time this number was so high was during the first quarter of 2008, when it peaked at 83. In spite of the positive trend, there is still a while to go to get to the pre-recession levels.

Gallup Poll

The data for the Index number was collected between November 10 and 14 from small business owners across the country. The highest this Index has ever been was 114, which was reached near the end of 2006. During the third quarter of 2010 the Index reached its all-time low of -28.

The upward movement is a reflection of the optimism small-business owners feel about the improving economic situation in the US.