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Employee happiness and business success are linked

economist.com

201–210 of 228 posts

Re: Employee happiness and business success are linked

#201

I use a book called "first break all the rules" It is also based on gallup data. They determined that employee happiness was not correlated to company success. They did find that the following questions in order were highly correlated to company success. 1. Do I know what is expected of me at work? 2. Do I have the materials and equipment I need to do my work right? 3. At work, do I have the opportunity to do what I…

13. In the last two years, has my salary increased more than my costs of living?

Re: Employee happiness and business success are linked

#202
post #154

Earlier quoted context omitted.

Getting out of the hole of "surviving to the next month" requires a few years of developing and investing in yourself to build a valued skillset. It's very hard to do when you don't have a clue about what that path can be. I took a lot longer to get to my current spot because I didn't know this path existed when I was younger because no one around me even knew this industry existed.

Come on, it's incredibly disingenuous to suggest that all folks living paycheck-to-paycheck don't have a valuable skill set. It's also incredibly offensive and elitist, too.

If it's so valuable, why are they living paycheck-to-paycheck?

I'd say that their skillset is defacto not valuable enough for their wellbeing.

Re: Employee happiness and business success are linked

#203
post #154

Earlier quoted context omitted.

Come on, it's incredibly disingenuous to suggest that all folks living paycheck-to-paycheck don't have a valuable skill set. It's also incredibly offensive and elitist, too.

If it's so valuable, why are they living paycheck-to-paycheck? I'd say that their skillset is defacto not valuable enough for their wellbeing.

Not even all STEM jobs pay 6 figure salaries.

Re: Employee happiness and business success are linked

#204

People are joking in this thread but I think the REALLY BIG problem is that a lot of American workers are increasingly internalizing their compensation needs above other needs like health, happiness, or social well being. When we should be concentrating on a lot of our personal issues, we kick the ball down the road saying "oh when I have more money" or "oh when my career progresses" when we would be much better serv…

Amen to that. It's easy to trade away free time and benefits when you're 25. Once that means not seeing your kids as much, money doesn't seem so important. As my ex's dad used to say: "Not a lot of people lie on their deathbed wishing they had spent more time in the office."

Re: Employee happiness and business success are linked

#205

I use a book called "first break all the rules" It is also based on gallup data. They determined that employee happiness was not correlated to company success. They did find that the following questions in order were highly correlated to company success. 1. Do I know what is expected of me at work? 2. Do I have the materials and equipment I need to do my work right? 3. At work, do I have the opportunity to do what I…

I've read the cliff-notes version of first break all the rules. (its floating around the web). It has the list - and also interesting discussion of talent and having employees in positions where their talents are used. IIRC - it also suggests never trying to change people - which I've taken to heart in both work and personal aspects of my life.

Re: Employee happiness and business success are linked

#206

Earlier quoted context omitted.

This is true even within tech companies, but for hourly workers. Hourly folks are treated like trash. I’m talking people who live in the bay, and work side by side with other professionals in SF. In a position like that you almost have to take a “durrr, I dunno!” attitude to everything, because if you try to talk to salaried people about what you need to do your job, you are looked at like a dog who just started reci…

Good ideas come from all skill levels. But good idea vs bad idea ratio is fundamentally what separates those in or out of brain space. To get your ratio up, you need training and experience in making good ideas more frequently and bad ideas less frequently. And then you get placed in a space where your ideas are your core output. Those people tend to be salaried the most often. And they don't like to spend their time…

So do you think Donald Trump has good ideas to improve things for poor people ?

Re: Employee happiness and business success are linked

#208
post #40

I've seen these arguments repeatedly, yet I only see this mattering to those companies where employees have a relative level of power and choice (e.g. non-game industry programmers, etc). Elsewhere, the attitude appears to have remained: "use them as much as possible". Consider assistant managers at your local chain store. Pick a chain! Outside of a handful of companies that are well noted for their bucking of the tr…

Why, this makes sense. In every industry, there are employees whose influence on the company success is outsized, and who are hard to hire or train. In software industry, they are experienced engineers and product managers. In a fashionable restaurant, they are experienced cooks. In an airforce, they are experienced pilots and repairmen. Etc. When these people are happy with their work, they achieve great results. Wh…

What's being left out is unhappy, discardable employees cost you customers. Customers you would otherwise have never get put in the spreadsheet.

Re: Employee happiness and business success are linked

#209

Earlier quoted context omitted.

Good ideas come from all skill levels. But good idea vs bad idea ratio is fundamentally what separates those in or out of brain space. To get your ratio up, you need training and experience in making good ideas more frequently and bad ideas less frequently. And then you get placed in a space where your ideas are your core output. Those people tend to be salaried the most often. And they don't like to spend their time…

So do you think Donald Trump has good ideas to improve things for poor people ?

Empirically, it turns out the answer is yes.

Re: Employee happiness and business success are linked

#210

Earlier quoted context omitted.

Good ideas come from all skill levels. But good idea vs bad idea ratio is fundamentally what separates those in or out of brain space. To get your ratio up, you need training and experience in making good ideas more frequently and bad ideas less frequently. And then you get placed in a space where your ideas are your core output. Those people tend to be salaried the most often. And they don't like to spend their time…

What your casual elitism disregards is that people who actually do the work can have different ideas, especially related to the work they are doing. Put another way, since they have a different perspective than the higher-ups, they are sometimes able to find potential efficiencies and product improvements that wouldn't occur to others. Additionally, front-line workers can see real problems with how customers experien…

A CEO only has to be right 51% of the time to be successful.
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