What is the Indeed Work Happiness Score?
The average person spends 1/3 of their entire life at work. That’s a significant portion of our lives. And since we are spending so much time at work, it’s not unreasonable to believe that how we feel there can impact our overall happiness and sense of wellness. If we want to elevate our overall happiness, work happiness is probably a good place to start.
Covid-19 has been difficult for employees across Canada and the rest of the globe. Close to one in five Canadians who quit in the last two years did so because of work-related stress. What became the Great Resignation lit a fire under employers to re-assess how to improve retention efforts. To no surprise, part of these efforts includes addressing the mental wellbeing of their employees. With these last couple of anguish-filled years, it raises an important question.
Can you truly be happy at work?
According to Indeed, the answer is yes. In the largest work happiness study, Indeed finds 97% of people believe it’s possible to achieve happiness at work. Working with Oxford University and the University of California Indeed is taking a deep dive into understanding the drivers of happiness, particularly in the workplace.
A few months ago, Indeed introduced a new data set; The Work Happiness Score. Unlike their other review and rating systems, the Work Happiness Score strives to capture job information beyond tangibles like compensation and benefits. This scoring system will make it easier for job hunters to find companies where they will be their happiest and give employers insight into their employees’ key drivers of happiness.
How does the Indeed Happiness Score work?
The Work Happiness Score is based on the responses to the simple question: “I feel happy at work most of the time.” Participants will answer this question using five different emojis corresponding to specific data ranges. A company’s happiness score will become visible on their page after ten surveys for that company are completed.
Collaboration with Oxford University and the University of California Indeed also reports on the key drivers of happiness.
14 key drivers of happiness:
- Stress level
While some of them can, many of these drivers can’t be satisfied by a benefits package or a highly competitive salary. While those things can make us happy, the intangible and abstract factors of work like belonging, feeling energized or having a purpose are the most important motivators in workplace happiness.
91% of people say their happiness at work affects their mood at home
Which are the benefits of the Indeed Happiness Score?
As employers get a handle on their post-pandemic recovery, the Work Happiness Score can help direct company goals regarding retention and job satisfaction. Studies have shown that unhappiness is the leading reason people consider quitting jobs.
The Happiness Score can give insight into your employees’ happiness and what drives it. It can also illustrate areas of weakness. If you are seriously interested in improving employee wellbeing and happiness, the score is a great starting point for your improvement plan.
The score can also act as a tool to build your employer brand. 74% of job seekers say work happiness is important when considering future employment. Bettering your employees’ happiness will earn you a higher score and thus improve your reputation as an employer. Understanding what contributes to work happiness can also enhance your employee value proposition. If you notice your employees feel deprived of certain things, the happiness score will indicate so. Improving your employee value proposition will attract skilled candidates and reduce time and money spent on hiring.
Ultimately happy employees improve an organization’s bottom line:
- Happy employees are 58% more likely to go out of their way to assist a customer or colleague
- 98% more likely to align with company mission
- 186% more likely to recommend the company as an employer
- Happy employees are more successful and are more likely to land and keep jobs
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