I was interested to see in a recent publication that ‘money saving’ schemes introduced by employers, such as cutting back on staff parties and perks, may well be backfiring when it comes to productivity.
It is widely accepted that a happy workforce is generally a more productive one. It surely follows that unhappy or jittery employees will have lower productivity levels and so bring in less income to their companies. At times when a higher income is precisely what companies need to stop pay freezes and redundancies it seems unfortunate that they are unable to offer those benefits which helped them grow in the first place.
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