Genuine employee happiness expands your business2 min readReading Time: 2 minutesReading Time: 2 minutes
A Gallup study found that engaged workers who are not thriving in their lives are far more vulnerable and increase risks to your organization. This periodically updated study covers over 112,000 business units and includes 2.7 million employees in 276 organizations across 54 industries and 96 countries. In general, 36% of U.S. workers and just 22% globally are engaged. The research was conducted by Jim Harter, the primary researcher and author of this large-scale study of the relationship between employee engagement and business results, including profitability, productivity, turnover, customer engagement, safety, and health. He is the coauthor of Wall Street Journal bestseller Wellbeing at Work, released in 2021, and the coauthor of the No. 1 Wall Street Journal and Washington Post bestseller, It’s the Manager, released in 2019.
The declaration of employee mental health and wellness may soon become a requirement for all organizations. For example, comparing employees who are engaged but not thriving in life with those who are engaged and thriving, those in the first group outline the following risks:
61% higher likelihood of burnout often or always
48% higher likelihood of daily stress
66% higher likelihood of daily worry
Gallup highlighted thriving, struggling, and suffering categories based on data from over a million respondents in 160 countries. Successful employees get 53% fewer days missed because of medical conditions. Employees with suffering and struggling lifestyles have heavier burdens because of the diagnoses of depression, anxiety, and so on. As a result, there are significant differences in yield.
What are the five expected elements people need to thrive in their lives?
1. Career Wellbeing
You like what you do every day.
2. Social Wellbeing
You have meaningful friendships in your life.
3. Financial Wellbeing
You manage your money well.
4. Physical Wellbeing
You have energy to get things done.
5. Community Wellbeing
You like where you live.
Another meta-analysis of 1.2 million individuals and 49,495 work units in 45 countries shows that teams that received strengths-based development achieved 19% increased sales, 29% higher profits, 59% fewer safety incidents, and 72% less turnover.