Boosting Productivity and Retention: The Link between Employee Engagement and Happiness
Truebiz Learning Info Solutions LLP
Results Driven Training & Coaching | Sales | Leadership | Customer Experience | Business Innovation | Happiness At Work
Employee engagement and employee happiness are crucial components of a successful organization. Engaged employees are more productive, committed to their work, and have a higher retention rate than disengaged employees. Happy employees have higher job satisfaction and tend to be more engaged.
Numerous studies have demonstrated the positive correlation between engagement and productivity. One study found that engaged employees are 17% more productive than disengaged employees. Additionally, disengaged employees are over three times more likely to leave their jobs than engaged employees.
Effective communication and feedback are critical in increasing employee engagement. A survey of over 1,000 employees revealed that regular feedback is the top driver of engagement. 63% of respondents stated that they were more engaged when they received regular feedback.
Recognition and rewards can also play a key role in increasing engagement. A study of over 20,000 employees found that those who felt their hard work was acknowledged were more engaged and had higher job satisfaction.
Happiness is equally important in employee engagement. A survey of over 1,000 employees discovered that happy employees were 12% more productive than unhappy employees. They also had better relationships with their colleagues and were more likely to stay with the company.
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Work-life balance is a significant contributor to employee happiness. A study of over 2,000 employees found that those who had a good work-life balance were happier and more satisfied with their jobs. A positive work environment can also play a key role in increasing employee happiness. A survey of over 1,000 employees found that those who worked in a positive environment were happier and more engaged.
In conclusion, employee engagement and employee happiness are vital components of a successful organization. Regular communication and feedback, recognition and rewards, work-life balance, and a positive work environment are all effective strategies for increasing engagement and happiness among employees. Companies that prioritize engagement and happiness are more likely to have productive, satisfied employees who remain with the organization in the long term.
At Truebiz, we strive to create a workplace where employees feel a sense of belonging and engagement. Our solutions are tailored to meet the specific needs of each organization and are not set in stone. We implement a step-by-step approach, which aids in employee comprehension and retention. To achieve this goal, we have assembled a team of experts in the fields of organizational development, human resources, and employee engagement. We also gather feedback and data to continually improve and adapt our approach.