The belief that workers are productive because they have a big paycheck coming their way might hold some truth, but there’s a lot more to it than that. Happiness plays a major part in the productivity of professionals in today’s workforce. A recent study led by economists at the University of Warwick discovered there is a direct correlation between happiness and productivity, stating that happiness causes a 12% spike in productivity. On the opposite end, unhappy employees experience a 10% decrease in productivity. As the research team stated, “Positive emotions appear to invigorate human beings.”
When an employee is happy, good things seem to follow; the brain is more responsive and works better and more efficiently. When this takes place, individuals tend to become better problem solvers and are able to think more creatively. Not only are they able to perform their jobs more efficiently and productively, they are able to work better in a team environment. This allows the team as a whole to perform at a higher level and be able to work more effectively toward common goals. In summary, happier employees who are more productive perform at a higher level, increasing profits in the long run.
What’s It Mean for Your Dealership?
When it comes to your dealership, there are several things you can do to ensure your employees are happy and giving you their best work. As many companies have learned, it’s not always about the biggest paycheck; in fact, many other factors come into play. Take time to consider ways you can engage and include everyone, working to make individuals feel more involved and enthusiastic about overall dealership interactions. In addition, it may be time to take a look at your internal and external communication, your social media presence, and even additional small perks like an improved breakroom or flex time to boost employee morale and let them know you appreciate what they offer the dealership. In the end, your happy employees will reflect well on the dealership as a whole and will earn the loyalty and business of customers.
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Author: Digital Dealer
Digital Dealer exists to help dealers and their managers sell more vehicles more profitably by creating the best live events and media in the industry.