Happiness Pays!
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Transcript of Happiness Pays!
Happiness paysHow employee satisfaction, engagement, and
inclusion boost your bottom line
according to a recent study*, happiness at workdirectly leads to higher performance.
*a 2013 Gallup study of 2,000 teams comprising 150,000 employees examining the relationship
between happiness at work and performance
Happy employees are more productive
employees who feel respected, included, and listened to by their companies work harder and are more productive, even in times of economic downturn, when financial rewards are off the table.
WHen tHe GoinG Gets rouGH, Happy employees Work Harder
Feeling engaged with one’s company
taking personal satisfaction in one’s work
Feeling motivated to work harder to achieve better results
Being recognized and rewarded when better results are obtained
Feeling like a member of the team, not a cog in the machine
WHat comprises employee satisFaction?
a 2013 Gallup study of workers in 142 countries found that the proportion of employees who feel
engaged at work is just
HoW many employees really Feel enGaGed WitH tHeir joBs?
13%
put diFFerently,
oF tHe World’s Workers are less tHan satisFied
WitH tHeir joBs.
87%
if work is a depleting, dispiriting
experience, employees will quit.
even if they stay, they’ll quit emotionally and their productivity
will decline.
WHat Happens WHen employees aren’t Happy?
Begin by getting some
direct feedback.
By requesting their input, you’ll
show your employees that
you’re not just asking for what
you want to hear, but for what
you need to hear.
WHat can employers do to increase employee Happiness?
don’t worry! you’ll probably be
(pleasantly) surprised to learn that
most employees don’t put higher
salaries at the top of their job
satisfaction requirement lists.
act upon your employees’ FeedBack
in 2013, the energy project, in
tandem with the Harvard Business
review, surveyed over 20,000
employees across a wide range
of companies and industries.
the findings from participating
employees were amazingly similar.
implement solutions tHatmeet your employees’ needs
Happy, satisFied, productive employees Have Four core needs
physical: opportunities to regularly renew and recharge at work
emotional: feeling valued and being rewarded for their contributions
mental: having the autonomy to focus on their important tasks and decide how to get their work done
spiritual: doing more of what they do best and enjoy most, and by feeling connected to a higher purpose at work.
HoW Happy employees directly aFFect your Bottom line
they’re more innovative and creative
they work better with their colleagues and form more effective, productive teams
they engage better with customers and build stronger, loyalty-based relationships
they’re more committed to your company’s long-term well-being
the #1 factor affecting length of tenure at an organization is the quality of that employee’s relationship with his or her immediate supervisor. more recognition equals better relationships.
absenteeism declines when employees are thanked and valued for the work they do.
positive engagement with strategic recognition results in 50% higher sales and 38% higher productivity.
a FeW Final FiGures aBout employee satisFaction
- all figures from Gallup
TIPS FOR MANAGING INNOVATION
SHAKE UP YOUR BUSINESS
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