What’s your Return On Investment in happiness?

How many people work at your organization?
Happier people are more productive. A very modest 1% increase in productivity would benefit you by:
=

Figure based on the national
average salary of $40,000 and
assumes 40% overhead
Happier people are healthier people. A decrease in sickness absence by just 1 day per employee would benefit you by:
=

Figure based on the national
average salary of $40,000 and
assumes 240 annual working days.
Happier employees don’t leave as often. Just a 10% reduction in staff turnover would benefit you by:
=

Figure based on the assumption
that the cost of recruiting, training
and covering someone leaving is
approximately equivalent to 40% of
their annual salary – here taken to be $40,000.
Helping your employees become happier could benefit you at least
=

per year!
Carrying out a Happiness at Work survey costs just

Developed by our friends at Happiness Works

Assumptions

  • $40,000 – The national Average Wage for 2010 in the US was $41,673.83. $40,000 is rounded to the nearest $10,000
  • 240 – Average number of working days in a year minus 20 days holiday (including public holidays)
  • 40% – The assumed cost of staff turnover as a % of annual salary. This is based on data estimating that the average cost to an employer of a job change is 40% of average gross pay (the lower end of the range based on international evidence).
  • 16% – Assumed rate of staff turnover. This is based on survey data indicating that the average annual rate of staff turnover in employing organisations in the UK is 16%
  • 1% – Assumed productivity gain
  • 1 – Assumed each employee has one less day off work due to sickness in a year
  • 10% – Assumed reduction in the annual turnover of staff
  • $10.00 – Cost of DH survey per employee