More mechanization, automation and technological progress may have put the concerns of the employees in the back seat. You may think investing in technology is more important as it can help in doing repetitive jobs and reduce manpower costs. However, as in the case of a vehicle, the quality of the man behind the wheels is as important as the efficiency of the engine; productivity, growth, profits and shareholder wealth have been linked to job satisfaction of employees. Most often, companies think more money can keep employees happy.
Many surveys have shown that salary or incentives are only one factor that contributes to happiness but there are other less expensive ways to keep them happy. When employees are seen as partners in the growth of your company, the results are encouraging.
Here are 7 reasons why you should take employee satisfaction seriously