Google Inc (NASDAQ:GOOG) knows how to boost productivity of its employees by at least 12%, as well as how to increase employee satisfaction by more than 37%, according to an upcoming study in The Journal of Labor Economics. The search engine giant offers a number of perks to its employees. It provides free laundry facilities, volleyball courts, nap pods, a slide connecting work floors, free food at restaurants and at ‘microkitchens’ around the office, free shuttles with WiFi, and sports facilities. There are meeting rooms themed for each country – for example, there are ski lift meeting rooms in Geneva.
Google knows that happiness is the key to productivity
According to a study conducted by researchers at the University of Warwick in Britain, Google Inc (NASDAQ:GOOG) has the right idea that keeping employees happy is the key to more productivity and increased employee satisfaction. The study found that happy employees really do work harder. The study included four different experiments with around 700 participants. Daniel Sgroi, a professor at the department of economics of the University of Warwick, said that happier employees use their time more effectively. It increases the pace of work without sacrificing quality.
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Google has invested a lot in employee support
The study will be published in the Journal of Labor Economics. Dr. Eugenio Proto said that the research provides guidance for all types of organizations. They should make their workplaces such that employees are emotionally healthy. Professor Andrew Oswald said that Google Inc (NASDAQ:GOOG) has invested a lot in employee support, which increased its employee satisfaction by 37%.
In all the four experiments, the participants were treated to free chocolate, drinks and fruits, or shown a comedy movie clip. Other participants were asked about recent tragedies in their personal life to figure out whether low levels of happiness are related to lower levels of productivity. Researchers said Google Inc (NASDAQ:GOOG) is at the forefront of improving the happiness of its workers.
Google Inc (NASDAQ:GOOG) shares skidded 2.33% to $1,155.51 at 11:44 AM EDT on Monday.