Teamwork The Key To Reduced Employee Turnover and Greater Productivity

Most business owners struggle to establish collaboration, teamwork and communication across all segments of their company; however, less than half of employees feel their company has a generally cooperative atmosphere, according to a recent study.

“A lack of cross-functional teamwork creates lower levels of productivity and growth and makes it much more difficult for organizations to operate efficiently or achieve their strategic objectives, says Mark Royal, a senior consultant with Philadelphia-based Hay Insight, which conducted the research. “What’s more, by making it more difficult for individuals to carry out their responsibilities, employees are frustrated in their current positions and job turnover is much higher.”

Additional findings include:

• Only 54 percent of employees feel that their company has an atmosphere that encourages cooperation and the sharing of ideas and resources across the organization.
• Only 48 percent of employees rated the teamwork that exists between departments as either “good” or “very good.”
• A mere 33 percent of employees responded favorably when asked about the level of communication between departments within their organization.