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Employee Wellbeing, Productivity, and Firm Performance

Krekel, Christian, Ward, George and De Neve, Jan-Emmanuel (2019) Employee Wellbeing, Productivity, and Firm Performance. Said Business School, Oxford.

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Abstract

Does higher employee wellbeing lead to higher productivity, and, ultimately, to tangible benefits to the bottom line of businesses? We survey the evidence and study this question in a meta-analysis
of 339 independent research studies, including the wellbeing of 1,882,131 employees and the performance of 82,248 business units, originating from 230 independent organisations across 49 industries in the Gallup client database. We find a significant, strong positive correlation between employees' satisfaction with their company and employee productivity and customer loyalty, and a strong negative correlation with staff turnover. Ultimately, higher wellbeing at work is positively correlated with more business-unit level profitability.

Item Type: Oxford Saïd Research Paper
Keywords: employee wellbeing, productivity, performance, firm performance
Subject(s): Organisational behaviour
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Date Deposited: 28 Mar 2019 15:51
Last Modified: 28 Mar 2019 15:51
URI: http://eureka.sbs.ox.ac.uk/id/eprint/7348

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