Employee engagement is important, and yet another survey links employee satisfaction to the bottom line. This is a new research report from Wharton.
How Investing in Intangibles — Like Employee Satisfaction — Translates into Financial Returns
Contrary to management theories developed in the Industrial Age, employee satisfaction is an important ingredient for financial success, according to a new research paper by Wharton finance professor Alex Edmans. …he examines the stock returns of companies with high employee satisfaction and compares them to various benchmarks … His research indicates that firms cited as good places to work earn returns that are more than double those of the overall market.
Companies on Fortune magazine’s annual list of the “100 Best Companies to Work for in America” between 1998 and 2005 returned 14% per year, compared to 6% a year for the overall market, according to Edmans.
Sounds good to me!

