The economy of esprit de corps | USA

More organizations are trying similar activities outside of the office in order to build morale. From CrossFit to escape rooms to simulating a catastrophe, team building has become big business for facilities usually frequented by the casual public. In 2012, U.S. companies spent $46 billion on team-building firms, according to the Association for Talent Development.

The economy of esprit de corps isn’t for naught. According to Gallup, disengagement in American organizations accounts for more than $450 billion in lost productivity annually. And with less than a third of employees actively engaged in their work, according to the analytics company’s State of the American Workplace report, losses pile up quickly. Studies by the Queens School of Business and Gallup found profitability, job growth and share price all fell by more than 15 percent in organizations with low employee engagement.

Source: Penn State employees build team spirit with art classes, activities | Centre Daily Times

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