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Happiness is not fundamentally rooted in obtaining sensual pleasures and money, but those factors can influence the well-being of an individual at the workplace. [9] However, extensive research has revealed that freedom and autonomy at a workplace have the most effect on the employee's level of happiness, [ 9 ] and other important factors are ...
Personalized Employee Well-being Support AI can also be leveraged to directly support and promote employee well-being initiatives within organizations. AI-powered applications could facilitate personalized well-being assessments, tailoring recommendations for stress management techniques, mindfulness practices , or lifestyle interventions based ...
Benefits – Employee benefits refer to the non-wage advantages offered by employers alongside standard salaries or wages. The benefits included in this total compensation package are designed to attract, retain, and motivate employees, while also improving their well-being and job satisfaction.
The Bureau of Labor Statistics, [3] like the International Accounting Standards Board, [4] defines employee benefits as forms of indirect expenses. Managers tend to view compensation and benefits in terms of their ability to attract and retain employees, as well as in terms of their ability to motivate them.
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Strategic employee recognition is seen as the most important program not only to improve employee retention and motivation but also to positively influence the financial situation. [39] The difference between the traditional approach (gifts and points) and strategic recognition is the ability to serve as a serious business influencer that can ...
Recognized as one of the major factors affecting productivity and overall financial stability of any business, low morale may lead to reduced concentration, which in turn can cause mistakes, poor customer service and missed deadlines. It also can contribute to a high turnover rate and absenteeism. Employee morale proves to be detrimental to the ...
Quality of working life (QWL) describes a person's broader employment-related experience.Various authors and researchers have proposed models of quality of working life – also referred to as quality of worklife – which include a wide range of factors, sometimes classified as "motivator factors" which if present can make the job experience a positive one, and "hygiene factors" which if ...