Stats & Facts
Happiness in the workplace can make (or break) a company.
Yet, corporate happiness levels have never been lower.
Catch below a few stats and facts about the importance of working with a happy team.
Companies with happy employees outperform the competition by 20%.
Happy employees are 20% more productive.
70% of executives say that employee engagement is critical to their company’s success.
Companies with happy and engaged employees see an 18% increase in employee productivity.
Happy salespeople produce 37% greater sales.
36% of US employees would give up $5,000 a year in salary to be happier at work.
Employees who report being happy at work take 10 times fewer sick days than unhappy employees.
Fortune’s “100 Best Companies to Work For” enjoyed a raise in stock prices of 14% per year from 1998-2005, compared to 6% for the overall market.
83% of millennials consider work-life balance to be the most important factor in evaluating a potential job.
79% of American workers say company culture is an important factor in job satisfaction.
More than 50% of CEOs say corporate culture influences productivity, creativity, profitability, company value, and growth rate.
91% of highly engaged employees report being satisfied with their professional development opportunities.
Engaged teams generate 21% more profit than their disengaged counterparts.
81% of unhappy employees fake Happiness at Work.
63% of companies say retaining employees is actually harder than hiring them.
Today, more than 33% of workers are searching actively or casually for a job.
69% of employees say they’d work harder if they were better appreciated.
85% of employees are not engaged in the workplace.
81% of employees would consider leaving their jobs for the right offer, even if they wouldn't be looking for a job at the moment.
47% of people actively looking for a new job pinpoint company culture as the main reason for wanting to leave.
12.7% of sickness absences are related to mental health conditions.
Companies with happy and engaged employees have 50% fewer workplace accidents, 41% fewer quality defects, reduced healthcare costs, and 37% less absenteeism.
Only 41% of employees are happy most of the time at work.
Only 25% of employees who quit their jobs cite money as the main reason for leaving.
Sources:
Gallup, Harvard Business Review, Hays, iOpener Institute for People and Performance, Social Market Foundation, Forbes, Flex Jobs, Recruit Loop, Zenefits, Ceridian, Personal Group, Officevibe.
