Despite the reporting gap, companies are definitely becoming savvier to the business benefits associated with happiness in the workplace. While often thought of as a nice, fluffy notion reserved for the HR industry alone, recent research from The University of Warwick shows that happy employees are 12% more productive in their work.
The study demonstrates beautifully that there is indeed a direct link between happy employees and increased business performance and profit. This is a piece of research business owners and leaders cannot afford to ignore. Taking care of your workforce will increase your bottom line so it’s astounding so many people fail to measure it.
Be on the ‘pulse’ or don’t bother
Advances in HR technology make it easier than ever for SMEs to keep their finger on pakistan phone number resource the pulse of their workforce and their sentiment toward the company. While many feel the annual employee engagement survey is enough to satisfy the need to listen to staff feedback – it really doesn’t give you much insight. Companies measuring engagement annually are missing the chance to understand what is happening within the business at various - and possibly crucial - points throughout the year.
Measurement should be ongoing - able to tell you how any recent organisational changes have impacted your team’s motivation and spotting potential losses in your talent pool early. This is particularly true to small companies who are growing fast. Change management and a team’s inability to adapt as fast as a company may grow is in my experience, a common complaint among dissatisfied staff.
Happy employees are most certainly more productive
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