If you’re not sold on why coaching is necessary, or why it’s worth your while, perhaps it is best to break it down for you in numbers.
80% of workers in the United States have reported being stressed at work – with that stress resulting in illness, turnover, time away, and insurance costs. That results in nearly $300 billion lost each year for the United States. Yes - $300 billion. Needless to say, there is an absolute need to get these numbers down. How do we do it? It’s easy: Introduce coaches into the workplace.
It may seem too good to be true – that simply putting a coach into the 9-to-5 lives of American workers will remedy the problem at hand. But there are numbers that prove why coaching is a necessity in the office – and why coaching can truly be a solution that is effective and long-lasting.
According to an International Coach Federation Global Coaching Client Study, companies that hired coaches for their employees saw a return on investment of seven times that of their original investment. This is thanks to coaching resulting in increased productivity and positivity in the workplace – with coaching kick-starting collaboration, communication, and discussion. Don’t worry - numbers can prove that, too. Of companies participating in the study, 70% saw improved work performance, 61% saw improved business management, 57% saw improved time management, and 51% saw improved team effectiveness.
So companies saw a return on investment. That is, without a doubt, great news for the companies contributing to the $300 billion lost each year. But what about the employees being coached?
That same study reported that 80% of employees being coaches saw a boost in self confidence, 73% reported they had improved relationships, 72% boosted their communication skills, and 67% were able to achieve a better work/life balance. It’s no wonder that 99% of employees said they were ‘somewhat’ or ‘very satisfied’ with the overall experience.
The choice is yours. Do you want to be a part of that 99%?