Monday, March 11, launched March Madness, which is often associated with the beginning of a month with lost productivity. As employees begin filling out their brackets and comparing stats, the unproductive work hours may begin. However, Don Forsyth, a professor of ethical leadership at the University of Richmond’s Jepson School of Leadership Studies, said, “”It can draw people together, which is a positive thing. You’re able to use those moments for interpersonal relationships”. An engaged employee can increase earnings per share by 28% and an overall higher engaged company can expect a 13% lower turnover rate than a less engaged company. Actively engaging employees in activities outside of the normal work flow can be a positive for everyone within the company. So this March, embrace the madness and start an office pool and engage your employees.
Engage. Motivate. Reward.