Assuring that a company has a clear vision and a plan to incorporate employees into its process will help entrepreneurs forming an LLC recruit and retain the best workers in the future.
With more research pointing toward the value of happy employees – both for productivity and creating higher customer satisfaction – Deborah Vence at Premium Incentive Products magazine writes that it all begins with a clear vision.
Vence says many companies begin the process of spreading corporate values in the interview process and routinely meet to discuss accomplishments and goals with employees.
She notes that having the boss join meetings about these values helps lead by example, and that reward programs will help encourage employee participation.
The relationship between employee happiness and customer satisfaction has a direct effect on profits.
Sears Roebuck, the department store giant, found that increasing job satisfaction among its employees by 5 percent resulted in a 1.3-percent jump in returning customers – which meant an additional $200 million in revenue.
Of course, job satisfaction doesn’t stop with paid employees. Marty Zwilling writes at YoungEntrepreneur that business owners who enjoy taking risks, being a visionary and listening to constructive criticism are the happiest entrepreneurs.
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