White paper: Happiness benefits

Employee wellbeing has been creeping up the agenda as more studies have are conducted in this area. There has long been recognition among HR professionals that happier employees mean fewer sick days, reductions in accidents and greater engagement, but do happier employees increase business profits?

Caboodles’ white paper looks at how happiness in the workplace can improve productivity.

Key findings

  • Happiness increases productivity in the workplace by up to 20 per cent.
  • Happiness can be improved by health and wellbeing benefits, such as: cycling to work schemes, holiday purchase initiatives and employee assistance programmes.
  • Companies with health and wellbeing benefits notice business improvements: up to a 95 per cent decrease in sickness absence, cost reduction, better employee engagement and improved productivity.