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You may have considered the importance of job satisfaction when it comes to yourself. But as a business owner, have you thought about employee job satisfaction as it pertains to the health of your business and its growth?
Today's Workforce - Are you correctly valuing employee job satisfaction for your business?
Most of us must work in order to meet life commitments and pay our bills. But the need for work does not necessarily equate to fantastic work output.
Though many people need a job, there is a big disparity in work productivity. While there can be several things that contribute to low productivity, perhaps the one that’s most prevalent -- and easy to fix -- is a lack of job satisfaction among employees.
Studies have shown that happy workers are productive workers. While increasing employee job satisfaction does, of course, allow staff members to enjoy their work more, that is not the only benefit.
Many billions of dollars’ worth of productivity are lost each year due to low employee job satisfaction. Rectifying that can help push companies further forward, and also reduce staff turnover. Keep in mind: it is much less costly to keep a happy employee on board, rather than regularly searching for and recruiting new employees.
To improve employee work fulfillment, companies must look at various aspects of their relationship with their staffs, and formulate making improvements. If each team member:
- Is well-compensated
- Feels valued
- Has a sense of job security
Among other factors, then it won’t be long before your business sees an increase in employee productivity. Ultimately, prioritizing employee work gratification will have ripple effects that benefit everyone involved with your business, including your customers.
To discover more about the value of job satisfaction in today’s workforce, take a look at the infographic below, which was created by the University of Southern California’s Online Masters of Science in Applied Psychology degree program.
The Value Of Employee Work Happiness In Today's Jobs Market
Infographic created by: University of Southern California
15 Replies
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nice site i like it
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Rony, Glad you like the site. Thank you for visiting my blog and viewing this article about the importance of job satisfaction. ~Keri
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I can just say Wow! This is awesome list. Thanks for sharing.
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Anis, Thank you for your kind words. Glad you like this article and infographic! Thanks for sharing your thoughts, ~Keri
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A carefully thought-out employee development strategy is important at multiple levels. And when well executed, it can accrue multiple benefits to all parties concerned, including employees, HR managers, and the broader organization.
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Hi there, A carefully developed and carried out strategy is important for any project or organization. I agree with your points, and hope others will find your insight helpful along side the article above. Thank you for sharing your thoughts, ~Keri
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Excellent work! I am impressed and good luck with you at all times. Would love to see your article to be continued.
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Mila, Thank you for your kind words. Happy to know you liked this article and infographic! We wish you well with all of your business pursuits as well. This blog is updated frequently with similar insights – Please stop back. 🙂 Thanks for your comment, ~Keri
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Great infographic and an interesting focus on how job satisfaction can be a key to boosting an employer’s profits. What do you think about how the pandemic and working from home might play into the variables that you’ve highlighted and stats like in the infographic?
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Chris, Glad you like the infographic. To answer your question, at the beginning of anything usually there is an increase of happiness and satisfaction. But after a few months, attitudes level off and people find their way to finding the pros and cons and there is a leveling off of stats to go with that. Working from home during the pandemic – Many businesses found their teams were even MORE efficient. A lot of companies are shifting how they operate. Will employees be more satisfied? For a time. Then we will find our way to usual again. 🙂 Thank you for sharing your thoughts, ~Keri
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The fact that employee job satisfaction reduced productivity, and ultimately the business profit is enough for every business leaders to develop, and implement a strategy to increase their employee’s job satisfaction.
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It is great blog post about employee job and their satisfaction. Helpful blog. I like it. Thanks for sharing it with us.
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Hi there, Glad you liked this post and found the infographic helpful related to employee job satisfaction. Thank you for your comment, ~Keri
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Surveys on employee satisfaction could lead an organization down the wrong path. As a business, if you concentrate on employee satisfaction in the wrong way, you risk reinforcing those workers who contribute the least value while pushing out your most talented employees. Thank you for this information
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Hi there, How could surveys on employee satisfaction lead an organization down the wrong path? What is the wrong way to concentrate on employee satisfaction? No business owner or executive wants to reinforce workers or processes that lead to the least value or undervalue the most talented employees. Perhaps offering a solution would have been a great addition to your comment. Thank you for sharing your thoughts, ~Keri
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