Happiness - an emotional state of well-being, pleasure, and joy - is one of those feelings everyone looks for. The reasons for happiness - everyone has their own. Someone feels happy for earning more, others for being in a good position and some for more reasons. Overall in a corporate, a balanced mix of earnings, promotions, work-life balance, and freedom would give a great sense of happiness to the majority of the employees.
Even though employees are satisfied with momentary achievements, what matters is the happiness you experienced during these times. But happiness is one of the most underrated attributes companies and their employees strive for. Even though sales and innovation play a major role in a company's growth, employee satisfaction is equally important in keeping all the key employees stable, rooted to be a part of the core members group, and work for many years in the company.
While Companies try to scale the performance of every role and every task in order to understand the output, the happiness of a team is not specifically focused. Many companies do not even understand the benefits obtained through happy employees. Lists like ‘Fortune500’, and certifications like ‘Great Place to Work For All’, address the Happiness index of a company in an indirect way.
But there is a need to understand the happiness scale of a team and see if the companies overall objectives are driven into the teams and giving them the much-needed space and opportunity to be happy.
In recent years, various studies have been conducted to understand the methods for measuring happiness at workplaces. Further, psychometric and survey-based approaches can be followed to understand the happiness index of a team at regular intervals of time. Transparent and confidential practices need to be strictly followed in order to obtain honest feedback from all the employees. The happiness index can also be integrated with the appraisal cycles, esp. for managerial roles.
Once the team’s happiness index is found and the feedback compiled, a thorough validation of the existing strategies can be done to identify the course corrections and the necessary changes in the company’s strategies. Do remember, without employer action on the feedback, there is no value to the entire exercise. Moreover, employees lose interest in giving feedback the next time.
Besides giving a lot of emotional stability and improving teamwork, happiness indirectly has a profound effect on productivity, revenues, and overall monetary growth of the company too.
So, do not ignore it!
Keep all the employees happy to keep the business going!