This is how a happy workforce can transform a company

This is how a happy workforce can transform a company
Photo credit:CNBC

Why should you care if your employees are happy? Here's one good answer: “Happy workers are better workers. Positive workplaces have higher levels of engagement which goes directly to performance and productivity, innovation and creativity, team work and collaboration," explains Timothy Sharp, founder of The Happiness Institute, an Australian based corporate consulting organization. What he also says should come as no surprise: “Positive organizations attract and keep better employees far more effectively. Ultimately, all of this adds up to greater profitability.”

Yet Gallup’s World Poll from October 2013 revealed that nearly 87% of employees worldwide are either “not engaged” or “actively disengaged” at work. Jim Harter, Gallup’s chief scientist of workplace management and well-being, notes: “Business units with highly engaged workers (in the top quartile of all business units) achieve 22 percent higher profit in comparison to those with fewer engaged workers (in the bottom quartile).”

So how can you make your workplace a happier one? The Happiness Institute’s Timothy Sharp boils it down to employers expressing appreciation and employees coming to work with a good attitude: “Employers can create the right culture: showing that you value your employees, encouraging team work and allowing people to talk to each other and work together in a positive way. Although that might sound obvious, some companies do it a lot better than others.” Share with us what makes your company a good place to work.

CNBC, 3/19/14

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