Employee happiness is crucial for business success, positively impacting productivity, retention, and overall company performance.
“Happy employees are productive employees.” Forbes published the results from one study that revealed happy employees are as much as 20% more productive in the workplace than unhappy employees.
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Employee happiness is a result of good health and wellness. Forbes published the following statistics from various sources, which shed light on the important connection between employee wellness and engagement:
- Highly engaged teams are 21% more profitable for the company.
- The top 20% of the most engaged teams showed a 59% reduction in turnover and a 41% reduction in the amount of absenteeism.
- Approximately 89% of human resources leaders believe continuous peer review and feedback are vital to successful productivity.
- American companies lose up to $550 billion per year because of disengaged employees.
- 61% of employees feel burnt out and experience symptoms of depression, anger, anxiety, aches, fatigue, and other physical and mental wellness issues.
Company leaders must focus on the health, happiness, and well-being of their employees to increase productivity in the workplace. Otherwise, their company will eventually fail because its employees won’t be enthusiastic or engaged enough to make it succeed.
How can we measure happiness in the workplace?
Happiness in the workplace can be measured through various metrics. Employee satisfaction surveys, feedback sessions, and assessments are common tools to gauge happiness.
Key indicators include job satisfaction, work-life balance, and engagement levels. Monitoring turnover rates and absenteeism also provides insights into overall well-being. Additionally, tracking participation in wellness programs and team-building activities contributes to assessing the workplace's happiness quotient. By combining quantitative and qualitative data, organizations can gain a holistic understanding of employee happiness, enabling them to implement targeted strategies for continuous improvement and fostering a positive, productive work environment.
Why is employee happiness good for business?
- Employee happiness is crucial for business success, positively impacting productivity, retention, and overall company performance. SOULSARA has created its entire wellness rooms and solutions based on this core belief system and they have had groundbreaking success
- Happier employees are 12% more productive, leading to increased profitability (Oswald et al., 2015). Companies with satisfied employees experience 65% less turnover (Glassdoor, 2015), reducing recruitment costs.
- Moreover, happy employees are more engaged, contributing to a 21% higher profitability (Gallup, 2021).
- A positive work environment enhances collaboration, creativity, and innovation. By prioritizing employee happiness, businesses create a culture that attracts top talent, fosters loyalty, and ultimately, drives long-term success.
“SOULSARA has changed the way we work and live. Our team is more productive, creative, and engaged than ever before.
We love SOULSARA!” - Jangoo Dalal
Co-founder & Managing Director - GovEVA
We did ask SOULSARA to give us some tips for budding HR Professionals on Simple ways to create and improve happiness levels in the workplace
Conduct a survey
Before any strategic decision, a company should design a series of employee surveys to gauge how employees are feeling about the organization overall. The same can be done when measuring workplace happiness and employee engagement and satisfaction.
Managers can design surveys with simple "yes or no" questions or star ratings to see how employees feel about various tasks, decisions, and elements of work. Reviewing these metrics allows you to see if your employees are and will stay comfortable while doing their daily jobs.
Promote work-life balance:
Work-life balance is balancing the demands and expectations of work and personal life. It is essential for employee happiness, as it prevents stress, burnout, and resentment. You can promote work-life balance by encouraging reasonable working hours, flexible schedules, and remote work options. You can also offer paid time off, parental leave, and other benefits that support your employees’ personal lives.
Open communication channels:
Communication is the key to any successful relationship, including the one between you and your employees. Open communication channels allow you to share information, expectations, and feedback with your employees, and vice versa. This fosters trust, transparency, and collaboration. You can open communication channels by holding regular meetings, creating online forums, and soliciting feedback. You can also use communication tools and platforms that facilitate easy and instant communication among your employees.
Enroll in a wellness program:
Wellness programs are the core of employee wellness plans. They are the activities and benefits that you offer to your employees to help them improve their health and happiness. Wellness programs can cover various aspects of wellness, such as physical, mental, emotional, social, and financial. You can enroll your employees in wellness programs that suit their interests and goals, such as fitness classes, meditation sessions, health screenings, counseling, and more. You can also partner with external providers or experts to deliver quality and customized wellness services to your employees.
“Our team is more confident, calm, and joyful than ever. SOULSARA is a
blessing!”- agrees Vedant Pujari, Managing Partner, Accures Legal
Provide Well Being perks:
Compensation is not the only factor that influences employee retention. Employees also value other aspects of their work experience that affect their well-being and happiness. Some of the well-being perks that you can offer to your employees are: health and wellness programs that address mental and emotional health, rewards and discounts, flexible hours, childcare benefits, paid leaves, performance bonuses, paid vacations, and development plans. By providing these well-being perks, you can show your employees that you care about and appreciate them. This will boost their morale, loyalty, and engagement.
“SOULSARA is the best thing that ever happened to our workplace. We feel more connected, supported, and inspired by each other. SOULSARA is a game-changer!” - Burjor Kothawala Partner & Co-founder at JBS
Organize team-building activities:
Another way to create and improve happiness levels in the workplace is to organize regular team-building activities. Team-building activities are fun and interactive events that bring your employees together and strengthen their bonds. They can include games, challenges, competitions, and outings. The benefits of team-building activities are: that they enhance camaraderie and create a positive work culture, they improve communication and cooperation, they boost creativity and innovation, and they increase productivity and performance. By organizing team-building activities, you can create a happier and more collaborative workplace.
In conclusion, we discussed what are the key takeaways for a decision on how should they gauge and implement employee wellness as a core value system in their workplace, SOULSARA’s response is fairly simple and innovative - As a decision-maker, you should prioritize creating and maintaining a safe and happy work environment for your employees. Happiness in the workplace is not only good for your employees but also for your business. Happy employees are more productive, profitable, and loyal. They are also more engaged, creative, and innovative.
Employee wellness plans are not a one-time thing, but a continuous process. You need to monitor, evaluate, and adjust your plans according to your employees' changing needs and preferences. By doing so, you can ensure that your employees are happy and healthy and that your company is successful and sustainable.
“I believe that employee wellness for your team members is essential. We all would like to be in workplaces that promote well-being, happiness, and an empathetic approach towards all.
SOULSARA is a movement that transforms the way we work and live. It is a movement that embraces matriarchy, non-denomination, and inclusion and encourages us to be the best version of ourselves.” - Abhay Wadhwa, Founder SOULSARA
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