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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 ...
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 ...
Some fringe benefits (for example, accident and health plans, and group-term life insurance coverage up to $50,000) may be excluded from the employee's gross income and, therefore, are not subject to federal income tax in the United States. Some function as tax shelters (for example, flexible spending, 401(k), or 403(b) accounts).
Financial literacy is an ability to effectively manage the economic well-being of individuals with knowledge and financial skills. [12] The Government Accountability Office definition (2010) is "the ability to make informed judgments and to take effective actions regarding the current and future use and management of money.
An alternative motivation theory to Maslow's hierarchy of needs is the motivator-hygiene (Herzberg's) theory. While Maslow's hierarchy implies the addition or removal of the same need stimuli will enhance or detract from the employee's satisfaction, Herzberg's findings indicate that factors garnering job satisfaction are separate from factors leading to poor job satisfaction and employee turnover.
Autonomy allows employees the freedom to decide how to execute their work. Support can originate directly from a supervisor or from other workers in the environment. And lastly, employees must have knowledge about safety procedures and policies. When the employee is able to work in a safe environment, workers are more satisfied with their jobs.
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 ...