Phone: +91 9436103276

Corporate Planning

Employer Employee’s Life Insurance

Employer Employee’s Life Insurance

Employee retention and happiness play a huge roll in customer success. If a business has a staff that can work well together, bounce ideas off one another and learns to accept and work with the strengths and weaknesses of each member, the outcome is sure to come out smoother. Team collaboration and engagement affects customer loyalty, and that is a goal of businesses everywhere, creating satisfied, long term customers.

Perhaps the most compelling evidence of a link comes from a survey of manufacturing in Finland, which found that mean workplace job satisfaction was independently associated with subsequent value-added per employee. A one point increase (on a six point scale) in the average level of job satisfaction among workers at the plant increased the level of value-added per hour worked two years later by 3.6 percentage points, after controlling for other factors. This estimate rose to 9 percentage points in a two-stage estimation approach designed to account for unobserved establishment-level heterogeneity.

Perhaps the most compelling evidence of a link comes from a survey of manufacturing in Finland, which found that mean workplace job satisfaction was independently associated with subsequent value-added per employee. A one point increase (on a six point scale) in the average level of job satisfaction among workers at the plant increased the level of value-added per hour worked two years later by 3.6 percentage points, after controlling for other factors. This estimate rose to 9 percentage points in a two-stage estimation approach designed to account for unobserved establishment-level heterogeneity.