For employees, money isn’t everything. Yes, it’s a big part of the equation, but businesses need to hold themselves accountable for the work culture they create.
Job satisfaction is essential to a business functioning smoothly and more importantly, the people who work there enjoy what they do.
When you have a meaningful job, it can be considered a great source of happiness. That was the case globally for 43 percent of respondents in a 2020 Ipsos worldwide happiness survey.
Read on to find out more about how you can make sure your company is doing job satisfaction right.
What Is Job Satisfaction?
Job satisfaction can be defined by how much an employee likes, loves, or hates their job.
Jobs with the most satisfaction are those that keep people physically healthy, financially responsible, on the right path in education, and deal with nature.
Here’s a short list:
- Dental Hygienist
- Education Administrator
- Physical Therapist
- Speech-Language Pathologist
- Radiation Therapist
- Occupational Therapist
- Human Resources Manager
Factors influencing employee job satisfaction:
Personal: Sex, education, age, marital status, family background, and socio-economic background
Job Specific: Job duties, work conditions, the influence of internal and external environment on the job
Management-controlled: The nature of supervision, job security, kind of workgroup, and wage rate, promotion potential, transfer policy, duration of work, and sense of responsibilities
Importance of Job Satisfaction
It affects labor market behavior, it influences both work productivity, and effort, employee absenteeism, and staff turnover.
Many people attach their job satisfaction to their well-being, and it’s also a good indicator of their intentions and decisions to leave a job.
Organizations play a big role in how people feel about their work and the company. Job satisfaction and well-being are a packaged deal for most employees in the job market.
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Consequences of Job Satisfaction
This can make or break a business. Below are the positive and negative consequences of job satisfaction:
- Increased employee efficiency and effectiveness at work
- Reduced employee absenteeism
- Employee relationships are harmonious
- Enhanced organizational production and employee satisfaction
- Decreased employee turnover
- Improved organizational image
The negative effects include:
- Job stress
- Poor morale
- Decreased productivity or lack of it
- High employee turnover rates
As more and more people come back into the office, businesses can do their part to create a better working environment by:
- Leadership needs to make sure the work of their employees is seen and appreciated.
- Leadership can support networking and peer support activities that foster togetherness and decreases burnout.
- Business leaders must emphasize the importance of employee mental health, provide support channels through employee assistance programs, and give their employees access to those services as needed.
Job Satisfaction For All Employees
Remember that job satisfaction plays an integral role in the way your employees view their job, and that lack of job satisfaction can have negative effects for everyone. Support your employees and help them achieve job satisfaction in a supportive environment. If you enjoyed this article, then make sure to check the rest of our website for more great content. Our Business section has tons of useful information, no matter what industry you’re in.