HAPPY EMPLOYEE & HAPPY WORK PLACE
Would you believe me if I told you that the happier your employees are, the more successful your company will be?It may sound like the definition of a “Care Bear” management style, but study after study has shown that employee happiness has a direct correlation to your bottom-line.Consider this:
Companies with happy employees outperform the competition by 20%, and happy salespeople close 37% more sales
.papeditor 2020. ((HR Challenges in a global workforce | Profiles Asia Pacific. Available at: https://www.profilesasiapacific.com/2020/12/22/global-workforce-hr-challenges/ [Accessed: 23 December 2022].)
Employees who feel happy and content at their job are more likely to enjoy the work they do.
Because they enjoy being at work, employees in a happy workplace might be physically and mentally healthier, boost their productivity and ultimately advance their careers.
Employee happiness is one of the most important factors in running a successful, profitable company.
Happy and engaged employees tend to miss less work, perform better, and support company innovation.
When employees are happy, loyal, and engaged, company profits are much higher—and turnover is much lower.
Why Does Employee Happiness Matter?
The key to success business revolves around focusing not only on your customers, but also on employees.
But why should employee happiness make a difference to the business?
Happy employees feel pride and accomplishment in their work, and they like what they do.
This sense of meaning has a positive feedback loop—that sense of satisfaction reduces stress, which can in turn positively affect productivity.
Happy employees make smarter decisions at work.
Workers tend to make better decisions when they have less fear and anxiety. Employee morale can make a big difference in workforce and the decisions they make. Stressed-out workers might be more distracted and take more risks, while happy employees might make educated and calculated decisions. Managers should instill respect, admiration, and confidence in team members so they feel inspired and happy to do their job to the best of their abilities.
Happy employees are less likely to quit.
Unhappy workers are far more likely to leave workplace for a new position. If the work space is unhealthy, there’s no doubt it will affect employee retention. Faster employee turnover puts undue stress on business, and it ends up redirecting resources and efforts to hiring new employees instead of focusing on your current workforce.
Happy employees provide better customer service.
It’s reasonable that employees with a better mindset and attitude will be much more attentive when delivering customer service. Likewise, clients will much prefer dealing with employees who have a positive attitude. When your clients enjoy interacting with staff, customer satisfaction will grow, and company will be far more likely to make a sale—and reduce client churn and improve client retention.
Happy employees are more creative.
Employees who feel satisfied and happy are much more likely to innovate and put their creative thinking to use.
Happy employees make others happier
Happiness is infectious. It will spread throughout team and organization, and it will affect the energy of entire team. It will boost overall employee bonding and camaraderie, and happiness will elevate the energy of team!
References
7 Ways to Create a Happy and Motivated Workplace - business.com.. Available at: https://www.business.com/articles/workplace-happiness/ [Accessed: 30 November 2022].
How to Keep Your Employees Happy and Productive. Available at: /Read/18833/how-to-keep-your-employees-happy-productive [Accessed: 30 November 2022].
How to Keep Your Employees Happy and Productive. Available at: /Read/18833/how-to-keep-your-employees-happy-productive [Accessed: 30 November 2022].
Happiness at work (online) available from https://nectarhr.com/blog/employee-happiness-at-work (accessed on 30/11/2022)
What makes happy workplace (online) available from https://www.cicwellbeing.com/blog/what-makes-a-happy-workplace/ (accessed on 30/11/2022)
