Employee happiness doesn't tend to top the list of corporate objectives, however businesses ought to take the well-being of their workforce more seriously or it could cost them their bottom lines, say experts.
"Happy workers are better workers. Positive workplaces have higher levels of engagement which goes directly to performance and productivity, innovation and creativity, team work and collaboration," said Timothy Sharp, founder and chief happiness officer of the The Happiness Institute – an Australia-based organization that provides services such as executive coaching and corporate consulting.
"Positive organizations attract and keep better employees far more effectively. Ultimately, all of this adds up to greater profitability," said Sharp, who is also an academic and clinician.
March 20 marks the official International Day of Happiness – a day established by the United Nations to recognize the relevance of happiness and well-being as universal goals and aspirations in the lives of human beings around the world and the importance of their recognition in public policy objectives.