3 Ways to Keep Your Employees Happy

Retaining top talent is one of the biggest challenges for many businesses. Based on research conducted among 600 businesses with 50–500 employees, 63% of companies reported having more difficulty in employee retention than hiring. Losing and replacing an employee is costly too. To avoid facing these issues, business leaders should know how to make and keep their employees happy.

While it is not a guarantee that a happy employee will always choose to stay, a 2019 review of employees’ job satisfaction and its effects on their retention shows that companies that have supportive management/co-workers and an environment where people feel like meaning-makers are more likely to have engaged and committed employees and thus have higher employee retention rates. According to the Corporate Leadership Council, committed and engaged employees are 87% less likely to leave their current company.

Happy employees help businesses thrive. Research shows that happy employees are more productive and also translate to having happier customers. Chick-fil-A, for example, is known for its excellent customer service, and one of their main strategies to have the most polite employees is to invest in their people and their company culture.

Companies that pay attention to their employees’ happiness also perform 20% better than their competitors, and the list…