{"id":135330,"date":"2023-05-29T06:32:41","date_gmt":"2023-05-29T06:32:41","guid":{"rendered":"https:\/\/businessyield.com\/?p=135330"},"modified":"2023-05-29T07:03:16","modified_gmt":"2023-05-29T07:03:16","slug":"employee-happiness","status":"publish","type":"post","link":"https:\/\/businessyield.com\/management\/employee-happiness\/","title":{"rendered":"EMPLOYEE HAPPINESS: How To Keep Your Employee Happy & Productive","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n

The pandemic has altered the workplace, causing various workplace trends to accelerate. Companies must work harder than ever to keep their staff satisfied and productive.
Employee happiness is a critical aspect of running a successful, profitable business. Employee engagement and happiness are associated with fewer absences, improved performance, and increased support for company innovation. When employees are happy, loyal, and engaged, firm earnings increase\u2014and turnover decreases.
When employees are unhappy and unmotivated, productivity declines, turnover rises, and the firm suffers. It can cost up to 33% of an employee’s annual compensation to replace them. In reality, dissatisfied employees cost American businesses up to $550 billion per year.
In today’s economic climate, it might be difficult to figure out how to keep staff pleased. Furthermore, external events that are often beyond your control might have an impact on employee happiness.
So, how can you create a contented and productive workforce? And why is it important? Continue reading!<\/p>\n\n\n\n

What is Employee Happiness?<\/h2>\n\n\n\n

Employee happiness is a simple notion that refers to the state of having a happy attitude and outlook on one’s employment. People that are happy enjoy going to their workplace. They appreciate what they do and the people with whom they work. Employee engagement and work satisfaction are both quite high.<\/p>\n\n\n\n

However, just because employee happiness is a basic concept doesn’t mean it’s easy to attain in your firm. To provide a pleasant employee experience across the employee’s lifetime, HR professionals must deliberate thinking and effort.<\/p>\n\n\n\n

Why Is Employee Happiness Important?<\/h2>\n\n\n\n

The key to your company’s success is to focus not just on your customers, but also on your employees. But why should employee happiness matter to your company?<\/p>\n\n\n\n

Happy employees enjoy what they do and experience a sense of satisfaction and achievement in their work. This sense of significance has a positive feedback loop\u2014the sensation of fulfillment reduces stress, which can improve productivity.
Here are five reasons why you should prioritize employee happiness. Employees who are happy:<\/p>\n\n\n\n

#1. Make Better Work Decisions<\/h3>\n\n\n\n

According to a Swarthmore study, employees make better decisions when they are less fearful and anxious. Employee morale has a significant impact on your team and the decisions they make. Employees that are stressed out may be more distracted and take more risks, whereas happy employees may make more educated and planned decisions. As a manager, you must build respect, appreciation, and confidence in your team members so that they are inspired and motivated to perform to the best of their ability.<\/p>\n\n\n\n

#2. Are Less Likely To Give Up<\/h3>\n\n\n\n

Unhappy employees are considerably more likely to leave your organization for another\u2014often with a competitor. There is no denying that employee retention will be impacted by an unhealthy workplace. Faster employee turnover places unnecessary strain on your company, putting your resources and efforts into finding new personnel rather than focusing on your current workforce.<\/p>\n\n\n\n

#3. Improve Your Customer Service<\/h3>\n\n\n\n

Employees with a better mindset and attitude will likely be considerably more attentive when providing customer care. Similarly, clients like interacting with staff who have a good attitude. When your customers love dealing with your employees, customer happiness rises, and you’re considerably more likely to complete a sale\u2014and so reduce client turnover and boost client retention.<\/p>\n\n\n\n

#4. Are More Innovative<\/h3>\n\n\n\n

According to an Adobe study, employees who are satisfied and happy are far more inclined to innovate and use their creative ideas.<\/p>\n\n\n\n

#5. Make others happy as well.<\/h3>\n\n\n\n

Happiness spreads like wildfire. It will spread throughout your team and company, affecting your entire team’s vitality. It will increase general employee bonding and camaraderie, and happiness will raise your team’s energy!<\/p>\n\n\n\n

What Is the Connection Between Employee Happiness and Productivity?<\/h2>\n\n\n\n

There is also a link between employee happiness and productivity, with happy professionals being 20% more productive than dissatisfied colleagues. One survey found a correlation between happiness and performance, revealing that persons who perform well at work are 15% happier than those who perform poorly.<\/p>\n\n\n\n

Factors Influencing Employee Happiness<\/h2>\n\n\n\n

Do you want to know if your staff are content and have a positive attitude about their jobs? Here are some known elements that influence employee happiness.<\/p>\n\n\n\n

#1. Competitive Salary and Benefits<\/h3>\n\n\n\n

Most people are motivated to work because they want to make money. If you pay much less than the average for a position, your employees’ happiness levels are unlikely to be as high as those at a higher-paying company. Your employees may be working for you out of need rather than because they genuinely care about the work your company performs and want to be a part of it.<\/p>\n\n\n\n

Whether they like it or not, most people base their success on their financial situation. Having an attractive fixed compensation means that most employees are successful. Nobody wants to feel like a failure, and because a salary is such a big part of people’s definitions of success, they’ll be dissatisfied if they’re underpaid. Giving your employees the correct benefits will boost their happiness. Great rewards include bonuses, workplace SWAG, team-building activities, and free access to growth programs.<\/p>\n\n\n\n

While incentives aren’t required, they are what set your staff apart from the competition.
Most companies have a bonus structure in place, but you must figure out how to maintain it balanced. Of course, providing incentives to your employees is an effective way to increase productivity.<\/p>\n\n\n\n

#2. Rigid or Uninteresting Job Roles <\/h3>\n\n\n\n

While each position has a specific job description and individuals must excel in their areas, most people want variation. Undynamic roles cause monotony and, as a result, unhappiness in the majority of employees.<\/p>\n\n\n\n

So employment becomes an obligation; it’s like a task they have to do but get no satisfaction from it. Yes, work does not have to be a joyous activity for people to like, but if employees find their employment uninteresting, they are more likely to be unhappy when they arrive.<\/p>\n\n\n\n

#3. Micromanagement<\/h3>\n\n\n\n

Micromanagement is not well received by the majority of people. Either they believe they are constantly being observed and become worried just thinking about work, or they begin to push back because they feel disrespected. You chose them over other candidates for a specific work function because they are the most qualified for it–behave accordingly.<\/p>\n\n\n\n

The line between effective communication and micromanaging is razor-thin. Managers typically ignore it because they are dedicated to their duty as leaders, and it almost always backfires. While some people flourish under constant supervision, the vast majority do not, and those who do are frequently uneasy. Reject the helicopter approach to employee management in favor of organizational autonomy and supervision without hovering.<\/p>\n\n\n\n

#4. Healthy, Safe, and Inclusive Workplace<\/h3>\n\n\n\n

Nobody wants to wake up dreading their day, yet it’s the norm for employees who work in a hazardous or poisonous environment. People spend the majority of their days at work; imagine spending more than half of your day constantly dreading going to work because your workplace is toxic.<\/p>\n\n\n\n

For a variety of reasons, including workplace culture and physical security, workplaces can be regarded as hazardous or unhealthy.<\/p>\n\n\n\n