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Why Employee Happiness Matters

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.

About Dr Ramesh Manocha

Dr Ramesh Manocha MBBS BSc (med) PhD is a GP, educator and researcher. His PhD was completed at the Royal Hospital for Women and focused on the scientific evaluation of meditation and the mental silence experience. Ramesh is currently a senior lecturer at the Department of Psychiatry at Sydney University and is also the founder and convenor of Generation Next, a national circuit of professional development seminars for education, health and welfare professionals. View all posts by Dr Ramesh Manocha →
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