Happiness at work used to be seen as something that was “nice to have”, but not all that important for employers to consider. However, the past couple of years have been distressing for a lot of people, and that’s bad news for employers, because overwhelmed and unhappy employees are less productive and more apt to leave for greener pastures. According to a recent Randstad report, which surveyed 35,000 employees across 34 markets, “companies will need to work even harder to retain staff or attract new talent. And ensuring the workforce is happy is a key part of the equation.”
One finding from the report is that “two-fifths (41%) of the youngest generation say they have left a job because it didn’t fit in with their personal life. And while younger employees are the most likely to have taken such a decision, the figure across all age ranges is still significant at 34%.”
Focusing on employee happiness has benefits apart from hiring and retention. Workplace engagement and satisfaction are linked with better productivity, too. So aside from feeling good about making sure employees are feeling fulfilled and like they have a worthy purpose, it’s a wise investment from a business perspective as well.
It’s more effective for organizations to create a proactive approach to employee wellness, rather than a reactive one. Here’s how:
Open the lines of communication and ask employees what they want
Offer clear paths to enrichment and advancement
And act on the feedback you get
These steps will improve workplace satisfaction, increase retention, and enhance your reputation in the marketplace, making recruitment much easier.