The Science of Happiness:
Improve employee retention in your company
The Science of Happiness:
Improve employee retention in your company
Where could you be more strategic in your total rewards spend? Are you funneling much of it into an annual bonus?
New research from Wharton shows that the annual bonus, a staple of many total rewards programs, can actually lead to unethical behavior, fuel turnover, and foster envy among co-workers. Sounds like unnecessary drama – and money wasted. More importantly, the performance boost of an annual bonus diminishes within weeks.
Read our e-book and learn a better way:
- Why employee recognition is a powerful management breakthrough
- How to get more bang for your buck – and sooner
- Ways to improve performance management, retention, and employer brand
A little rethinking and reallocation means you can increase your margins without adding a penny to your budget.
According to recent research on employee retention, happy employees stay twice as long in their jobs as their least happy colleagues – and organizations that score in the top 25 percent on employee experience report nearly three times the return on assets and two times the return on sales.
A great company culture is a critical component in achieving that level of employee retention and organizational success. But how can you get there? This paper offers stats and advice to help you sow the seeds of happiness and build a world-class, magnetic company culture that engages and retains your best people.
Download and learn:
- The secret sauce of a winning company culture
- How to cultivate a happy and engaged workforce
- Five ways to build alignment with company values, increase positivity, and drive progress
Download the Whitepaper