A study by the University of Warwick found that happy employees are up to 12 percent more productive than their unhappy counterparts. The researchers found that happiness has a ripple effect, impacting not just the individual employee, but also their team and the overall organization. This is just one of many benefits of happy employees in the workplace. Keep reading to learn more about how happy employees affect your business’s bottom line.
Improved Teamwork and Cooperation
When employees are content and satisfied with their jobs, they are more likely to work collaboratively and cooperatively with their fellow coworkers. This can lead to a more productive, positive work environment in which everyone is able to accomplish tasks more efficiently. Additionally, when employees feel good about where they work and who they work with, they are less likely to leave their positions, leading to lower turnover rates and reduced costs associated with recruiting and training new employees. Verkada is a physical security company that utilizes security cameras as part of their system. And their company culture highlights collaboration and diversity. Verkada culture makes it easier for employees to enjoy their workday knowing they are part of a supportive team that works toward common goals. From the sales director to each member of the sales team, the work culture at Verkada is all about creating an inclusive environment for people to work.
Employees are more relaxed and less stressed when they’re in a positive work environment. This allows them to be more creative and think outside the box. They are also more motivated to come up with new ideas. Another benefit of having happy employees is that they are less likely to leave their job. This can lead to lower turnover rates and reduced costs associated with recruiting and training new employees. Finally, when employees are happy, it creates a positive work environment which can lead to better customer service and higher productivity.
Better Retention and Reduced Turnover
Happy employees are more likely to be loyal to their company, which can lead to better retention rates. This is because happy employees are less likely to leave their jobs, which can be costly and time-consuming for businesses. A study by happiness research company Bright Place found that employees who are satisfied with their work environment are three times less likely to leave their jobs than unhappy employees.
Lower Stress Levels
When employees experience lower stress levels, they are more productive and efficient. And they take less time off work because they aren’t suffering from burnout. They are also less likely to file workers’ compensation claims. In addition, they tend to be more creative and have better ideas. This is because they are not as focused on the negative aspects of their jobs, such as deadlines, heavy workloads, and tight budgets. As a result, the entire workplace benefits from having happier employees.
Better Customer Service
Workers who are happy in their jobs provide better customer service than those who are not. This is because when employees are unhappy, they potentially take their frustrations out on the customers. They may be less patient with them or more likely to snap at them. In contrast, workers who are happy in their jobs generally enjoy interacting with the customers and providing them with good service. They may also be more likely to go above and beyond what is expected of them in order to make the customer happy. This can result in a better overall customer experience.
The benefits of happy employees in the workplace are numerous and altogether important. This includes increased productivity, creativity, and morale, decreased stress, absenteeism, and turnover, and a more positive public image.