Financial Performance

The Effects of Employee Satisfaction on Company Financial Performance peck be our most valuable asset. Our employees come first. Were lone(prenominal) as strong as our people. These declarative statements have been a staple of the American workplaceplace for decades. Yet judging by their routine growth strategies, countless senior management teams be to be in denial of just how accurate those statements are. piece most organizations typically emphasize generating new duty and raw(a) costs, a rapidly growing body of evidence points to an corroborative yet undeniable correlation between employee satisfaction and fiscal performanceâ€" a correlation that has significant ramifications on twist turn a profits most effectively. Applied properly, these learnings can also capture how organizations approach a variety of interrelated functions, such as business planning and development, employee rewards and recognition, and even the measurement of ROI. This white paper outlines the most current goings on the linkages between employee satisfaction and pecuniary performance, including an overview of the latest research, case studies, best practices and source materials.

Yet, as a rising number of astute companies have learned, American business has long overlooked and mismanaged one of its most critical assets: kind capital. Ample research makes clear that satisfied employees generate incontrovertibly superior customer satisfaction and that, in turn, satisfied customers are more profitable ones. In other words, creating a work environment with satisfied and motivated employees has been proven critical to achieving profit goals, delivering on marketing promises and competing over the long term. This concept is gaining attention. Harvard business enterprise Online editor Loren Gary writes: As labor-related costs consume larger portions of shrivel corporate expenditure pies, companies are increasingly motivated to find ways to demonstrate the ROI of their human capital. And some are beginning... If you fate to get a full essay, order it on our website: Orderessay

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