The theory for many companies is pay for a position comes with the expectation that certain performance and production is expected, and that the pay is motivation enough for job satisfaction. This was a prevailing principle or concept in business that has changed. Jobs are no longer just about pay. Statistics are 36% of employees would give up $5000 annual salary to be happy. I have been blessed to work with some amazing companies and had some great managers and leaders, but never did my lack of performance or decreased production come down to a happiness discussion. Happiness, in general, is overlooked when it comes to metrics for production efficiency. I think these statistics should make happiness a topic to discuss in future conversations regarding performance because:
- Companies with happy employees outperform the competition by 20%
- Happy employees are 12% more productive
- Happy employees take 10X less sick days than unhappy ones
Take a look at these mind-blowing statistics regarding employee happiness. It may change the way you look at the effect of happiness and implement a strategy to increase happiness in your work environment. The benefits are exponential to the success and improvement of your business, team, department, church, and will filter into your personal life.
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