by Leo Jakobson | May 23, 2018
Nearly two thirds of employees are engaged with their jobs, according to a new study of more than five million employees from more than 1,000 companies around the world by insurance and consulting giant Aon.

The report, Trends in Global Employee Engagement, found that global employee engagement levels reached 65 percent in 2017 -- tying the all-time high set two years earlier -- after dipping to 63 percent in 2016. That's up from 58 percent in 2012. The percentage of highly engaged employees rose three points to 27 percent in 2017. 

Aon says that a five-point increase in a company's employee engagement level equates to a three-point increase in revenue growth the following year. 

Citing political and economic stability in the mature world, and economic growth is Asia and Africa, Ken Oehler, Global Culture & Engagement practice leader at Aon, said, "a robust, expanding economy means organizations are typically willing to invest more in people, and that makes the work experience much better for most employees."

For the second year in a row, Aon said that rewards and recognition was the top engagement opportunity globally. Recognition for contributions and fair pay were the most influencing factors.

Oehler noted that the "concept of employee engagement is often confused with satisfaction or happiness. But it's really about an employee's psychological investment in their organization and motivation to produce extraordinary results. Companies with above average engagement levels will see better employee productivity, lower turnover rates, and higher customer satisfaction scores -- all factors that can significantly contribute to improved financial performance."

Engagement levels were highest in Latin America, at 75 percent, and lowest in the E.U. at 60 percent. North America was unchanged at 64 percent. 

The Trends in Global Employee Engagement report can be downloaded here.