What's the best way to ensure that your employees become more productive? Keeping them happy is the simple answer!
According to a recent study conducted by Professor Andrew Oswald, Eugenio Proto and Daniel Sgroi from the department of economics at the University of Warwick happiness makes people around 12% more productive!
The research included four different experiments with more than 700 participants and clearly showed a correlation between a happy workforce and higher productivity.
Oswald looked at companies like Google to prove the point: “Companies like Google have invested more in employee support and employee satisfaction has risen as a result. For Google, it rose by 37%. Under scientifically-controlled conditions, making workers happier really pays off.” The driving force seems to be that happier workers use the time they have more effectively, increasing the pace at which they can work without sacrificing quality. The same pattern appeared in four different experiments. The research provides some guidance for management in all kinds of organisations.
One of the leading experts on the subject is Shawn Achor, author of The Happiness Advantage, who believes that the greatest competitive advantage in the modern economy is a positive and engaged workforce.
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