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Happiness at work with Lord Mark Price
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In this week’s podcast, Helen talks to Lord Mark Price, founder of Engaging Works and former Managing Director of Waitrose, Deputy Chairman of the John Lewis Partnership and Chairman of Business in the Community.
They discuss 6 steps to creating happier workplaces:
Reward and recognition: Being fairly paid is a huge concern for everyone and paying a fair salary is essential.
Information sharing: Failing to share information makes employees feel an unimportant part of the business.
Empowerment: Employees need to feel a key part of the decision-making process.
Wellbeing: Focusing on employee wellbeing leads to better productivity, lower rates of absence and employee stress and higher levels of motivation, ie employee health and wellbeing has become a hard economic factor.
Instilling pride: This aspect centres on a sense of purpose and helping employees see that what they do every day is worthwhile, including how the business interacts with the wider world.
Job satisfaction: A high level of employee engagement is the key to unlocking organisational success.