Professor Alex Edmans of The Wharton School of the University of Pennsylvania discovered that businesses with high levels of employee satisfaction perform better than those without. Research from the University of Warwick says happiness makes people 12 percent more productive.
And yet a report from Gallup demonstrates that 63 percent of employees today are ‘not engaged’ (24 percent are ‘actively disengaged’) in their jobs. This essentially means that 87 percent of employees have no passion for their work, lack motivation to get the job done and are unhappy. This has an impact on the bottom line, too – according to Tower Perrin, companies with a low level of employee engagement have a 33 percent annual decline in operating income and an 11 percent annual decline in growth.
via Why Your Employees’ Happiness Matters — And What To Do About It.
For companies to do well over a long period of time and last they need to care. Really care, not just pretend to care. This is just an observation that I have noted looking back in history at companies that care for their employees, customers and environment. The companies that are still going today are the ones that looked after their employees. Companies that do not care or get too large to care always fail in the long run. This ethos also gives thought to the larger picture of how individuals behave and what effect it has upon them, others and the world in general.