Moving Forward Leadership: Inspire | Mentor | Lead
The Power of Happiness: From Productivity to Profitability | Jade Green | Episode 262
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 1:03:01
- More information
Informações:
Synopsis
When productivity spiked during 2020 many thought that this trend would continue once life returned to a sense of normalcy. However, since returning to the office many businesses are seeing lower levels of productivity and profitability from their employees who are no longer have any happiness in their lives. So how do we combat this problem? The first solution we tend to leap towards is higher pay brackets. But after a certain level of income, this simply doesn’t work anymore. We have to look deeper. Once we look past the paycheck we see engagement in work. Highly engaged employees record 23% higher profitability than those with low levels of engagement. Highly engaged employees are 87% less likely to leave their organization and we are all aware that staff turnover not only kills profits, it erodes team cohesion and therefore results. In today’s competitive job market, it’s more important than ever for leaders to focus on employee engagement and retention. CEO’s it’s time to prioritize job satisfaction in