Even if you are a talented entrepreneur and have a great business plan, you will not be able to run your business successfully if you do not have good employees.
Hiring competent employees is only half the battle; you also have to make sure that your employees are happy if you want to get the most out of them. However, it is important that you do not create an overly liberal workplace, or you may have trouble maintaining discipline.
Job Satisfaction in the Workplace
According to a Forbes article entitled “Make More Money by Making Your Employees Happy“, a study report released by Bright Horizons in 2012 revealed that about 89 percent of employees who were experiencing high levels of well-being said that they were highly satisfied with their jobs, and almost two thirds of them put extra effort into their work on a consistent basis.