Companies need to invest in culture as a competitive advantage, and employee engagement as a performance-driver. According to Gallup’s State of the Global Workplace 2024 report, highly engaged companies tend to outperform those with low engagement, with as much as a 23% difference in profitability. What’s more, the study estimates low employee engagement costs the global economy $8.9 trillion, or 9% of the global GDP.
At Manulife, we’re proud to have maintained our top quartile positioning against Gallup’s financial and insurance company benchmark for engagement. Recently, however, we decided to take things a step further and ask colleagues to get personal about their connection to our purpose and mission: help make decisions easier and lives better for the customers and communities we serve around the world.
