How Happiness Benefits Your Business
The Happiness Advantage principle embodies the concept that happiness promotes success. It states that when people are happy, they perform to their full potential and are thus more successful. Employees must be satisfied in the present to achieve their goals, rather than working hard to be happier.
This concept can be contradictory. That’s because many were raised to believe that hard work equals success. This principle, however, does not diminish the importance of work ethic. Rather, it states that work ethic can be improved if the employee is satisfied with their current position.
The most successful companies are built by teams of talented and dedicated employees. However, talent is extremely valuable, and if your employees are dissatisfied, competitors will entice your best employees away. And if you lose those employees, your company’s growth may slow or even come to a halt. You can keep top talent by incorporating the Happiness Advantage into your corporate culture.
- Surveys of Employee Satisfaction:
When you don’t know what their problems are, it’s difficult to make them happy. If you assume you do, you may exacerbate the situation by enacting changes without their input. Conduct surveys to assess levels of satisfaction within the company.
- Career Development Programs:
Employees are more likely to engage with your company when you invest in their development. Every employee wants to succeed, but some may be unsure of how to achieve their long-term objectives. Development programs outline the path that your employees can take to advance in their careers. This makes promotions seem more attainable and shows employees that you care about their development.
- Incentives & Benefits:
The number of incentives and benefits provided by your company may vary depending on its size and revenue. However, if there is an opportunity to add more value to the employee experience, your company should seize it, even if it means making a minor sacrifice.
Quest, a nutrition bar, was one company that did just that. Quest was founded in 2011 and has grown to become the second fastest-growing private company in the United States in three years. People want more independence in their work, mastery of news skills that advance their careers, and a sense of accomplishment.
- Events for Networking:
Networking events bring employees together with management and senior-level staff in settings where they might not otherwise have the opportunity. This not only benefits their career development, but it also strengthens bonds within your internal teams. Employees will feel more connected to your company if they can speak with executives and management who may not be available on a daily basis.
- The Culture Code:
A culture code is a document that outlines how a company will treat its employees and how employees should act in return. This resource clarifies your company’s values and shows employees what to expect when they work for you. By making this code available to all employees, you will hold management accountable to your company’s standards.
While these lessons were designed to help individuals, many business owners have found success by applying them to their entire organization. This approach makes it easier to motivate employees and rally them around your company’s goals!
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