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Business Politics Impacts – Cost of Employee Productivity Loss

StrategyDriven Business Politics Impacts Article | Business Politics Impacts – Cost of Employee Productivity LossUnseen millions are lost by companies every year; the result of employees withholding the full commitment of their physical, intellectual, and emotional contributions. Surveys conducted by the Gallup Organization identified an 18 percent difference in productivity between the best and worst performing companies.1 Yet, as we shall explain, even the best performing companies have room for improvement.


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Business Politics Impacts – Cost of Litigation, Fines, and Payouts

StrategyDriven Business Politics Impacts Article | Business Politics Impacts - Cost of Litigation, Fines, and PayoutsHarassment litigation represents a catastrophic leadership failure. In these instances, exhibited aberrant behavior may be non-compliant with applicable laws. Such occurrences represent large one-time costs associated with court mandated payouts as well as reduced productivity, heightened distraction, and elevated attrition.

Litigation events are acute occurrences unlike the more typically chronic workplace conditions resulting in diminished productivity, increased distraction, and elevated attrition. Consequently, all organizations can be subject to this type of litigation – it only takes one ill-fated event.


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Business Politics Impacts – Cost of Employee Attrition

StrategyDriven Business Politics Impacts Article | Employee AttritionThe staggering cost of employee turnover goes largely unrecognized. There is no financial statement line item, no general ledger entry, and no budget explicitly set aside for this expense that can cost evenly modestly sized companies well over a million dollars each year. Yet a significant portion of voluntary attrition is directly related to an abusive work environment created, in part, by excessive business politics. Thus, reduced workplace politics can directly improve the organization’s bottom line.

A company of 250 employees making an average of $43,000 per year experiencing a 20 percent attrition rate spends an estimated $2.15M on employee replacements annually.

Cost of Employee Attrition

The American Management Association estimates the cost of employee turnover as ranging from between 25 percent (for entry level employees) and 250 percent (for executive level employees) of the employees annual salary.1 These costs are derived from a multitude of sources including:


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