The Employee Gift That Gives Back

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A SPECIAL REPORT

The Employee Gift that Gives Back

TOP 1O EMPLOYER BENEFITSOF HAVING HAPPY EMPLOYEES

“The benefits of a psychologically well work force

are quite consequential to employers,especially so in our highly troubled

economic environment.”~ Thomas Wright,

John Wefald Leadership Chair in Business Administrationand professor of management at Kansas State University

http://thehappinesstoolkit.com/


“The level of workers’ happiness has a profound impact on creativity, productivity, commitment and congeniality.” ~ 2011 Harvard Business Review article

“Employee engagement programs* can increase profits by $2400 per employee per year.” ~Workplace Research Foundation

Another study of 65 organizations showed “companies with engaged employees achieve twice the annual net income of organizations whose employees aren't engaged.”* Aka Happiness Programs

“Companies with engaged employees* outperform those without by up to 202%! ”~ Gallup Poll



“Issues stemming from workplace stress take up at least 20% of a company's payroll, and over $150 billion in U.S. productivity each year.” ~ American Institute of Stress

“80% of employees report being stressed out by work.”~ Neilsen

“56% of employees who don't feel valued report being stressed during the day, compared to 25% of those who do feel valued .”~ American Psychological Association

“All forms of stress lead to problems that affect productivity and are costly to business. These include:

• 50% reduced productivity • 59% reported wanting to quit• 55% become ill more often• Less commitment and focus”

~ Dupont Study



“U.S. companies lose between $200-$300 billion a year due to absenteeism, tardiness, burnout, decreased productivity, worker's compensation claims, increased employee turnover, and medical insurance costs resulting from employee work-related stress.” ~ National Safety Council, Priority Magazine

“Declining employee loyalty is thought to harm organizations by causing low morale (84%), high turnover (80%), disengagement (80%), growing distrust (76%), and lack of team spirit (73%).” ~ American Management Association

“A whopping $370 billion is lost annually due to disengaged employees.”~ Bureau of National Affairs

“$11 Billion is lost annually due to employee turnover.-Bureau of National Affairs



On the other hand, highly satisfied groups of employees often exhibit above-average levels of these characteristics:

More energized (65%) Employee retention (50%) Customer loyalty (56%) Productivity (50%) Safety records (50%) Profitability (33%)

~ Gallup Poll



Happy Employees …• Are 65% more energetic• Are 39% healthier• Are more focused• Are more enthusiastic• Are 55% more productive• Make better decisions• Are 300% more creative and innovative• Get along better with co-workers

“Employees who are happy at work not only perform better, but also cost less.” ~ The conclusion of a six-year study conducted by health insurance company Humana and the University of Michigan's Ross School of Business.

“89% of employees with high levels of well-being reported high job satisfaction and nearly two thirds of those employees reported consistently putting in extra effort at work.”~ A study by Bright Horizons, a provider of employer-sponsored child care, education, and work/life solutions



Happy Employee Employer Benefits…1. Enhanced company loyalty 2. More productivity 3. Greater employee cooperation4. Improved customer service5. Increased innovation6. Reduced absenteeism7. Reduced employee turnover 8. Reduced safety costs9. Reduced medical costs10. Increased bottom line profits



Happy Employees Employer Benefit #1ENHANCED COMPANY LOYALTY

“Companies have much to gain from initiatives that promote engagement. For instance, 33% of those polled believe that the degree of loyalty found in an organization has a direct relationship to profit levels.” ~ Samantha White in an article in the CGMA Magazine on a Research Study from American Management Association (AMA)“Happy employees are 186% more like to positively promote

their company and reach out during networking opportunities.”~ The Undercover Recruiter



Happy Employees Employer Benefit #2MORE PRODUCTIVITY

“58% of working Americans claim that their coworkers are more productive at work when they're happy.”~ Ultimate Software

“Engaged employees are 85% more efficient with their time.”~ The Undercover Recruiter

“Happy employees are “155% more satisfied with their efforts.”~ The Undercover Recruiter

Stress surfaces in morale, which has a tremendous impact on how hard employees work.”~ Carol Kauffman, psychologist, Harvard Medical School



Happy Employees Employer Benefit #3GREATER EMPLOYEE COOPERATION

“Great organizations often contain happy employees who care about each other.” ~ Jim Collins from his book, Good to Great

“46% of professionals worldwide believe that work friends are important to their overall happiness.”~ LinkedIn



Happy Employees Employer Benefit #4IMPROVED CUSTOMER SERVICE

A Sears Roebuck 800 Store Survey found:

• Employee satisfaction accounts for 60% to 80% of customer satisfaction• When employee attitudes improved by 5% customer satisfaction jumped 1.3%, increasing revenue by 0.5%.

70% of engaged employees indicate they have a good understanding of how to meet customer needs; only 17% of non-engaged employees say the same~ Right Management (2006), Measuring True Employee Engagement, A CIPD Report



Happy Employees Employer Benefit #5INCREASED CREATIVITY AND INNOVATION

“In today’s business world shaped by new technology, knowledge and creative thinking, the value of each employee is increasingly important.”~ Alex Edmans, professor Wharton School of Finance

“Increase in business innovation by 300% due to engaged employees.”~ The Undercover Recruiter

“Happy people fix problems instead of complaining.”~ Nitya Sai Soumya, The Hindu, India’s National Newspaper



Happy Employees Employer Benefit #7REDUCED EMPLOYEE TURNOVER

“Highly satisfied groups of employees resulted in 50% better employee retention.”

~ A Gallup Poll

“Engaged employees are 87% less likely to leave the organization

than their disengaged counterparts.”~ Corporate Leadership Council, Corporate Executive Board (2004)’Driving

Performance and Retention through Employee Engagement: a quantitative analysis of effective engagement strategies’

“40% of job turnover is related to stress.” ~ Bureau of National Affairs



Happy Employees Employer Benefit #8REDUCED SAFETY COSTS

“There has been extensive research into the link between employee engagement and safety outcomes. A meta-analysis undertaken by Harter et al. (2009) found that the top 25% of business units (in terms of engagement) have 49% less safety incidents than the bottom 25%. Similarly, the same study found that in health settings, the most engaged organisations have 41% less patient safety incidents (i.e. falls, medical errors, infection rates, and risk-adjusted mortality rates).”~ insyncsurveys.com

“Highly satisfied groups of employees resulted in

50% better safety records.”~ A Gallup Poll


http://www.insyncsurveys.com.au/surveys-consulting/employee-surveys-consulting/employee-engagement-survey/


“Health care expenditures are nearly 50% greater for workers who report high levels of stress.” ~ Journal of Occupational and Environmental Medicine

“Maintaining happy employees decreases sick leave by 67%.”~ The Undercover Recruiter

Happy employees take “6 less sick days per year.”~ The Undercover Recruiter

Happy Employees Employer Benefit #9REDUCED MEDICAL COSTS



Happy Employees Employer Benefit #10INCREASED BOTTOM LINE PROFITS

“Firms recognized as good places to work

earn returns that are more

than double those of the overall market.”

~ From a research paper by Alex Edmans, finance professor, Wharton

School of Finance



More and more companies recognize the benefits

of enhanced employee happiness. To name a few:

Happy Employees … BENEFIT EMPLOYERS!



So, how do you get happier employees?

We’d like to recommend a solutionwith an investment of less than $15

(and maybe as low as $6)that will benefit you for years to come

and be valued by your employeesfor years to come!

It’s been proven, HAPPY EMPLOYEES BENEFIT EMPLOYERS!



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Dr. Calvin Frederick, ABPP, ABPH, FACP, Professor of Psychiatry at UCLA Medical School who also served on the faculties of many other prestigious universities including John Hopkins and George Washington, Nat'l Institute & World Federation of Mental Health in writing the Foreword to the book commented that it “cites solid research studies documented in the psychological literature" and that it is a "virtually indispensable treatise ... for anyone." Brian Tracy who has helped over 5 million people achieve their goals as the author of numerous best-selling books and programs, shared that, “This positive, upbeat book is full of great ways to be happier and more effective in every area of your life!”



The Employee Gift That Gives Back

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