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Workplace Happiness: Why Should Your Boss Care? (PICTURES)

Workplace Happiness: Why Should Your Boss Care? (PICTURES)

What’s the fuss about workplace happiness?

In a recent post on Forbes.com, HR expert (and founder of Bersin by Deloitte) Josh Bersin appropriately sums up the results of Deloitte’s 2014 Global Human Capital Trends report in a single sentence:

Companies are struggling to engage our modern, 21st century workforce.

In fact, 79% of companies surveyed believe that they have a significant employee engagement and retention problem – 26% of which feel the problem is urgent. This issue is leaving two-thirds of employees feeling overwhelmed, and the majority of employees feeling disengaged.

In short? There’s no time like the present to begin making workplace happiness a priority – both in your life and in your company.

Need further proof?

0 Workplace Happiness: Why Should Your Boss Care? (PICTURES)

1. Workplace happiness isn’t just a “feel good” initiative – countless research studies have shown that it can have a dramatic impact on a company’s bottom line!

 

6 Workplace Happiness: Why Should Your Boss Care? (PICTURES)

2. Happy employees come up with the most innovative ideas, bring in the most new customers, and have the most entrepreneurial energy. (Gallup)

 

5 Workplace Happiness: Why Should Your Boss Care? (PICTURES)

3. Companies with engaged employees outperform their competition by up to 202%! (Dale Carnagie Institute

 

7 Workplace Happiness: Why Should Your Boss Care? (PICTURES)

4. Unhappy workers cost US businesses between $450 – $500 billion each year in lost revenue due to low productivity. (Gallup)

 

8 Workplace Happiness: Why Should Your Boss Care? (PICTURES)

5. Companies with an average of 9.3 engaged employees for every actively disengaged employee experienced 147% higher earnings compared to their competition. (Gallup)

 

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6. Engaged employees are 87% less likely to quit their jobs than their disengaged counterparts. (Corporate Leadership Council

 

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7. Companies with engaged employees have the potential to reduce staff turnover by 87% and improve performance by 20%. (Towers Watson)

 

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8. Companies with a high level of employee engagement saw a 19.2% improvement in operating income. (Towers Watson)

 

1 Workplace Happiness: Why Should Your Boss Care? (PICTURES)

9. Happiness is more important than money! 70% of workers say that having friends at work is more important than money. (Jobsite)

 

 

Ready to make a change?

Ready to make an effort to focus on workplace happiness and employee engagement within your organization, but not sure where to begin? The truth is, it doesn’t have to be an expensive or time-consuming undertaking. Here are ten easy ways to begin focusing on workplace happiness:

 

9 Workplace Happiness: Why Should Your Boss Care? (PICTURES)

 

Are you (or your employees) happy at work?

FIND OUT!

Author

As Good.Co's Digital Marketing Manager, Lisa has the pleasure of spending her days engaging with the Good.Co community and talking, tweeting and blogging about workplace happiness. Say hi to Lisa on Twitter: @LisaChatroop
 
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