Why Employee Happiness Matters

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Are you keeping your employees happy?

While the Boomer and Silent Generations were more likely to quietly work in the same organization for 30 years regardless of contentment, happiness has become a main focus as younger generations enter the workforce with expectations of satisfaction.

Happy workers make better workers. This formula isn’t difficult to guess, but one that often gets overlooked.

A recent poll by Gallup-Healthways found that American companies lose as much as $550 billion per year in productivity due to worker unhappiness.

When workers are unhappy, they are less likely to show up, they produce less, and the overall quality of work suffers.

Having a productive lifestyle is one of the most important keys to living a long and fulfilling life, according to the American Psychological Association. Happiness also has an impact on creativity and loyalty, according to the Harvard Business Review.

Consider these findings about happiness and its importance to building a healthy work environment when working to find and retain engaged talent:

  • Unhappy employees outnumber happy employees by two to one globally, according to Forbes
  • New research found happiness at work can boost employee productivity by as much as 50%
  • Companies like Google that have focused on worker happiness have seen as much as a 37% boost in employee satisfaction
  • According to a 2013 Gallop study, only 30% of U.S. employees feel enthusiastic about their job
  • 70% of works feel they are not utilizing their full potential at work
  • According to a Reed survey, opportunity for advancement is vital to 84% of employee happiness

For more information, see our blog post on simple ways to motivate your employees.

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