When an employer makes an effort to increase workplace happiness levels, the payoff can be huge. While profits certainly matter, productivity is greatly impacted by how employees feel about their job.
It’s time for managers to start embracing research that indicates companies with happy employees outperform the competition by 20% and that happy employees take 10 times fewer sick days than unhappy employees.
Today’s company can’t afford to look away when it comes to allowing friendships and a welcoming workplace to create a culture of happy employees. Just ask us, Chesapeake Bank attributes a lot of its success as one of American Bankers Top 200 community banks (#34!) to its unique, fun and friendly culture. In fact, for three year’s running we’ve been named one of the Best Banks to Work For and our fingers are crossed for a fourth year! Workplace happiness can be achieved in many ways, from recognition and rewards to encouraging open communication and helping them be healthier.
What’s important is recognizing that whether you’re big or small, you can’t afford to look away from your employee’s happiness at work.