The Problem
America Has a Leadership Crisis
Only 20% of the US workforce are considered fully engaged at work. Only 15% of the US workforce are considered highly resilient.
Resilient employees have the ability to withstand, bounce back from, and work through challenging circumstances. Challenging circumstances include toxic environments, ill-equipped leadership, periods of transformation, and systemic change.
Since 2017, annual employee turnover has been at least 25%, with 2021 and 2022 being more than 30%. Some workers within these statistics state that they resign for a “better opportunity” or “more money,” but these are often justifications for either an environment that makes them feel unvalued, or an environment in which they don’t find value.
4 in 5
Employees
Lack Engagement
Lack of Tribe
ADP Research Institute 2020 Workplace Study
4.5 in 5
Employees
Lack Resilience
Lack of Trust
ADP Research Institute 2020 Workplace Study
3 in 10
Employees
Quit Annually
Lack of Confidence
2022 US Bureau of
Labor Statistics
The Cause
75% of employees leave a company due to poor leadership.
This issue is exacerbated by the fact that the majority of these employees work on or near the frontlines, where leadership training is often minimal or nonexistent. Without proper training, frontline leaders are ill-equipped to support their teams, leading to high turnover rates and disengagement. Addressing this gap in leadership development is crucial to reducing turnover and fostering a more engaged and productive workforce.
The Engagement Tax
The Engagement Tax refers to the hidden costs organizations incur due to employee disengagement and high turnover. When employees are not fully engaged, their productivity and commitment suffer, resulting in significant financial losses. The delta between what you pay your employees and the productivity you receive is termed the Engagement Tax.
Key Points:
- High turnover rates are costly, with replacement costs ranging from 50% to 200% of an employee's salary.
- Only 20% of the U.S. workforce is fully engaged, according to the ADP Research Institute.
- Investing in leadership development can significantly reduce these costs by increasing employee engagement and retention.
What's the Solution?
The solution to the leadership crisis lies in a bottom-up, tactical approach. At Tribe&Trust, we focus on empowering frontline leaders who are essential for executing strategies and driving success. Our method ensures that leadership training is practical, actionable, and directly relevant to your organization’s needs.
Discover how we can transform your organization and build a strong foundation of effective leaders.
