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Yes, we all know that happy employees perform better as individuals. But most people are still unsure of the role of teamwork in the productivity conundrum.

We have collated 9 of our favourite statistics around teamwork and its impact on business results.

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86% of employees and executives cite lack of collaboration or ineffective communication for workplace failures.

Source: SalesForce

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Over half of employees say a strong sense of community kept them at a company longer than what was in their best interests.

Source: Gusto

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Companies that communicate more effectively are 4.5 times more likely to retain the best employees.

Source: INC.com

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Employees who acted collaboratively stuck at their tasks 64% longer than their solitary peers, whilst also reporting higher engagement levels, lower fatigue levels and higher success rates.

Source: forbes.com

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Knowledge workers spend an average of 14% of their workweek communicating and collaborating internally.

Source: hubbion.com

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This year, millennials will make up 35% of the global workforce, and 33% of them want collaborative workspaces.

Source: Visix.com

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27% of employees who plan to leave within the first year cite feeling “disconnected” from the organisation.

Source: RecruitingBlogs.com

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According to a survey by Alfresco of more than 750 professionals, 83% of them depend on technology to collaborate.

Source: Alfresco

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Workplace collaboration can increase successful innovation by 15%.

Source: PGI.com

At Biz Group we have made it our mission to help organisations develop their people performance and build high-performing teams based on effective communication, trust and leadership styles that foster happy cultures.

Reach out to find out how we can help your teams⁠—whether it’s with the latest technologies like Virtual Reality or whether it’s with high-energy events or award-winning training content.