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Nowadays, happiness is viewed by a growing number of scholars and senior executives as one of the major sources of positive outcomes in the workplace. [5] [6] In fact, companies with higher than average employee happiness exhibit better financial performance and customer satisfaction. [7]
Companies most commonly subsidize workplace wellness programs in the hope they will reduce costs on employee health benefits like health insurance in the long run. [2] Existing research has failed to establish a clinically significant difference in health outcomes, proof of a return on investment, or demonstration of causal effects of ...
Quality of working life (QWL) describes a person's broader employment-related experience.Various authors and researchers have proposed models of quality of working life – also referred to as quality of worklife – which include a wide range of factors, sometimes classified as "motivator factors" which if present can make the job experience a positive one, and "hygiene factors" which if ...
Strategic employee recognition is seen as the most important program not only to improve employee retention and motivation but also to positively influence the financial situation. [39] The difference between the traditional approach (gifts and points) and strategic recognition is the ability to serve as a serious business influencer that can ...
In 2010, Gentiva Home Health paid $1 billion to purchase Odyssey Healthcare. It was the largest hospice acquisition in U.S. history, according to the company . The reason for this expansion partially reflects a decades-long shift in attitude among terminally ill patients, who increasingly prefer to spend their final weeks at home instead of in ...
A number of L.A. restaurants have been adding a health-care surcharge to help cover their employees’ medical insurance costs since at least late 2013, according to this Los Angeles Times article.
An alternative motivation theory to Maslow's hierarchy of needs is the motivator-hygiene (Herzberg's) theory. While Maslow's hierarchy implies the addition or removal of the same need stimuli will enhance or detract from the employee's satisfaction, Herzberg's findings indicate that factors garnering job satisfaction are separate from factors leading to poor job satisfaction and employee turnover.
Employee engagement today has become synonymous with terms like 'employee experience' and 'employee satisfaction', although satisfaction is a different concept. Whereas engagement refers to work motivation, satisfaction is an employee's attitude about the job--whether they like it or not.