Study finds high scores in workforce engagement reflected in corporate profit

TORONTO – Consulting firm Towers Watson says it has found evidence that employers with a fully engaged workforce tend to have higher profit margins.

The firm’s study covered some 32,000 employees, including 1,000 in Canada.

It found that about two-thirds of the Canadian employees surveyed weren’t “fully engaged” in their work and frustrated by the level of support they receive.

And that wasn’t good for their employers either.

Towers Watson said companies that scored high in employee engagement also scored better in profit margins.

In fact, it found that profit margins of such companies were about three times higher than those of low-scoring employers.