How to Keep your Employees Happy and Yield Healthier Stocks in the Process
Keeping your employees happy isn't just about great benefits or a ping pong table in the employee lounge. Similarly, the motivation behind keeping employees happy isn't limited to altruistic intentions. Taking a closer look at exceptional workplaces reveals the situation is bit more complicated than one might originally think.
There is a lot more to maintaining a workforce that is engaged, works well with each other, and is happy to go the extra mile. But don't let that deter you- the rewards far outweigh the cost. Investing in a happy workforce equates to building a hard working and effective team, and this energy and commitment can clearly be seen in the bottom line.
This week in review, we cover the benefits of keeping employees happy:
Lisa Cruz of Red Shoes PR writes about the steps her company took to increase teamwork in the article Positive Employees will Make Customers Happy. She then goes on to describe the various benefits that ultimately arise from ensuring employees' happiness.
The second article from the Motley Fool crunches the numbers and answers the question 'Do Happier Employees Yield Healthier Stocks?' We already know that publicly-held Best Companies consistently outperform major stock indices by a factor of 3. Nicole Seghetti takes a closer look at a sample of Best Companies and compares them individually to the SPDR S&P 500, including Google, Whole Foods Market, and Mattel.
Think your company is a great workplace? Apply today for the FORTUNE 100 Best Companies to Work For® list.
Tiffany Barber is the Associate Manager of Marketing and Communications and guest blogger for Great Place to Work®.