Gallup defines employees thriving as "how they feel today and expect the next five years will go." This "hope for the future" is vital for employees' quality of life and mirrors how they will show up AT work.
Gallup research reveals that:
- Data showed that only 33% of employees in the United States were engaged, which was consistent across gender and age demographics.
- Businesses with engaged workers have 23% higher profits compared with those with miserable workers.
- Engaged and thriving employees experience fewer negative emotions like stress, anger, and health-related problems.
This isn't earth-shattering news: when people enjoy their work, they are more innovative and productive. So, as CEO World
so aptly points out, "If we want more innovation and productivity to fuel acceleration, we need more workers' enjoyment and creativity." However, Harvard Business Review
points out, "Employee well-being is an area all companies can grow."
With most employees feeling stressed at work and compounded by the fact that most workers under 40 would consider moving for a job opportunity, organizations can use employee wellbeing as a recruiting tool and a differentiator. Simply put, thriving employees result in higher employee engagement
, customer satisfaction, and productivity and lower burnout and turnover.