According to Gallup, companies with engaged workforces outperform their peers by 147%. Engaged workforces also have 41% fewer quality defects, 48% fewer safety incidents and 37% less absenteeism (source).
It's clear that in an increasingly competitive and fast-paced marketplace, employee engagement must be a priority. And a central component of any employee engagement initiative is an employee suggestion program.
Providing a communication channel for employees to suggest ideas, discuss their work environment, and help improve your products and services is essential to improving employee engagement. Companies with a succesful employee suggestion program have more engaged, happier and more productive workforces.