13 Ways To Increase Employee Happiness & Productivity At Work In 2024
The recent global pandemic shifted the world of work, hitting the fast forward button on several workplace trends. It’s now more important than ever for companies to keep their employees happy and productive.
Employee happiness is one of the most important factors in running a successful, profitable company. Happy and engaged employees tend to miss less work, perform better, and support company innovation. When employees are happy, loyal, and engaged, company profits are much higher—and turnover is much lower.
However, when employees feel unhappy and unmotivated, productivity goes down, turnover goes up, and the company suffers. Replacing an employee can cost up to 33% of their annual salary. In fact, unhappy employees cost U.S. companies up to $550 billion annually.
It can be difficult to figure out exactly how to keep employees happy in today’s economic environment. In addition, external factors can have an impact on employee happiness, and those are often out of your control.
So how can you build a happy and productive workforce? And why does it matter? Read on!