User:Sirshadowclone/Subjective well-being
Use of Happiness in Economics
[edit]Workplace
[edit]SWB in the workplace increases productivity and the meaning people make through their work. Many factors can affect SWB in the workplace. One of the bigger factors is negative gossip. A study from Xiamen University found that negative gossip is highly correlated with low levels of SWB. To combat this issue, Cheng et al. suggest offering support to employees who feel psychological distress and help the staff increase their emotional intelligence.
When a person has high levels of SWB in the workplace, that person is often more productive.[1] SWB helps employees to feel less burned out, leading to higher productivity and more desire or willingness to work extra hours. Many people consider SWB, in the workplace specifically, as a necessary condition for happiness.[2] In other words, these people are saying that, if they do not feel SWB in the workplace, they will not feel happiness in life.
Employee's SWB has not only lead to higher profits, but also higher customer loyalty and lower turnover.[3] Prioritizing the SWB of the employees benefits all aspects of an organization.
- ^ "Passion vs Money: Should You Choose a Job You Love or One That Pays? | University of the Potomac". 2022-01-21. Retrieved 2023-06-23.
- ^ Zakharova, Lyudmila; Saralieva, Zaretkhan; Leonova, Irina (2022-08-27), "Subjective Well-Being at the Workplace as a Social Action: Opportunities for Management and Self-Management", Happiness and Wellness - Biopsychosocial and Anthropological Perspectives, IntechOpen, ISBN 978-1-80355-592-8, retrieved 2023-06-23
- ^ says, Olivier Girard (2019-07-15). "Happy employees and their impact on firm performance". LSE Business Review. Retrieved 2023-06-23.