Job satisfaction has been linked to many variables, including productivity, absenteeism, turnover, etc.

It is significant because a person’s attitude and beliefs may affect his or her behavior.

Attitudes and beliefs may cause a person to work harder, or, the opposite may occur, and he or she may work less.

 

Keeping workers happy helps strengthen a company in many ways, including:
 
 

·         Lower Turnover- Retaining workers helps create a better environment in the workplace, as it makes it easier to recruit quality talent and save money from employing a training other potential staff members.  The more satisfied the employee is the less likely it is they are to leave the organisation. 

·         Loyalty- When employees fell the company has their best interests at heart, they often support its mission and work hard to help achieve the businesses aims and objectives. 

·         Being satisfied with the job will have the employee be happy at work and result in lesser frustration and worry, which can lead to better productivity in the workplace.

·         Employees who are happy with their jobs are willing to participate in training programs and are eager to learn new technologies, software which would eventually help them in their professional career.

·         Satisfied employees accept challenges with a big smile and deliver even in the worst of circumstances.

·         If the employees are satisfied with their job then they can give better customer service and we know that customer retention and loyalty are dependent on the basis of the given service of the employees.

·         If the employees are happy at work, they will also deliver their best. Satisfied employees will be loyal towards their organization and stick to it even in the worst circumstances. Even in the worst scenarios, they will try to find possible solutions to take the organisation to the next level. But employees who are not happy will never put in efforts for the same. In fact, they will think of leaving their job in case a shoddy situation arises. Organisations need to retain talented employees for long term growth and success. Although employers can always hire new candidates, but it is always better to have current trained employees sticking to the organization.

 

·         A team can obtain goals in the workplace because they possess complementary skills, which means that they can help each other with their work and collectively do a greater range of tasks.

·         Organisations are much more likely to perform well when their people work effectively as a team. This is because good teamwork creates a collaboration where the combined effect of the team is greater than the sum of individual efforts. Working together a team can apply individual perspectives, experience, and skills to solve complex problems, creating new solutions and ideas that may be beyond the scope of any one individual.

·         A teamwork environment promotes an atmosphere that fosters friendship and loyalty. These close-knit relationships motivate employees in parallel and align them to work harder, cooperate and be supportive of one another.

·         Working in a team enables us to learn from one another’s mistakes. You are able to avoid future errors, gain insight from others mistakes, and learn from more experienced colleagues.

·          Businesses need new, fresh ideas to succeed in the competitive world. You have a unique perspective to bring to the table which will benefit the business overall. Businesses thrive when they have a diverse team of people who can contribute individual ideas.

·         Teamwork builds morale. You'll feel that your work is valued when you contribute to something that produces results. If you offer an idea that helps improve productivity, such as a new filing system, confidence and trust is built within the team. Each team member has something special to offer. By working together, members of a team feel a strong sense of belonging and deep commitment to each other and the common goal.

In addition, individuals can expand their skill sets, discover fresh ideas from newer colleagues and therefore learn more effective approaches and solutions towards the tasks at hand. This engagement can be useful for future business as it can give staff the capacity to problem solve and generate new ideas more effectively and efficiently. 

 

 

Bibliography

  18/06/18 - http://www.yti.edu/blog/reasons-teamwork-is-important-in-the-workplace.asp