12 May 2005

Wake-Up Call for Thailand, Inc.

Disengaged employees could cost Thailand more than 98.8 billion baht ($2.5 billion U.S.) annually

by Vibhas Ratanjee
If the Thai government is counting on that country's employees to fuel a vibrant, progressive economy, it should be forewarned that its efforts may remain stuck in neutral. A recent Gallup Employee Engagement Index survey in Thailand revealed that "engaged" employees make up only 12% of the country's employee population.
Vibhas Ratanjee is an Associate Partner with Gallup’s Bangkok, Thailand, office.
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The world's top-performing organizations understand that employee engagement is a force that drives business outcomes and is a leading indicator of financial growth. Beyond the dramatic difference engaged workgroups show in productivity, profitability, safety incidents, and absenteeism, engaged organizations have 2.6 times the growth rate in earnings per share (EPS) compared to organizations with lower engagement in the same industry.

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