Topic - “To determine the Happiness Quotient of professionals in the Indian corporate sector and establish its relationship with Emotional Quotient and Organizational Role Stress.”
Guide: Dr. D.M. Pestonjee
Significance of the study:
Though a subjective concept it’s not difficult to see that employees who judge themselves to be ‘happy’ in their work, will be more productive and perform better than those who admit to being ‘unhappy’.
Though a happy employee is not necessarily a productive one, there is a striking correlation between what makes employees happy and their productivity. Thus, staffs that enjoy good working relationships, receive proactive career development, feel valued by the organization and well treated in times of change are likely to be contributing the most to a business. Furthermore, they will be ambassadors for the organization, sending out positive messages to the outside community and enhancing the employer brand.
Even in the event of redundancy, those leaving an organization can leave happier if they are given appropriate support to find a new role, and this in turn sends a message, which raises the spirits of colleagues who remain with that organization. Thus ‘Happiness Quotient’ can help make recruitment & retention easier and hence more cost effective. This ultimate link to the bottom line is why ‘happy staff’ is so important to organizations.
It is interesting to note that for employees, personal financial gain comes way down the list of happiness indicators. Also there is a relationship existing between stress and happiness. In all possibility if the stress at work is minimal, employees are likely to be happier. The study also aims to answer the question whether their EQ correlates to their happiness at work.
If businesses think a little more deeply about what employees really want and what will make them happy, they could reap the rewards.
‘Happy’ employees will not only improve the working environment but could also increase revenue.