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Happy Employees Give Companies Higher Return for Investors

avatar By Jeanne Goddard

12 Sep 2011 39 views
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Happy Employees Give Companies Higher Return for Investors
If your company was listed in Fortune's 100 Best Companies to Work For in America, you had equity returns that were 3.5% per year higher than those of your peers. A new study reveals that employee satisfaction correlates positively with shareholder returns, says Alex Edmans of the Wharton School.

If your company was listed in Fortune's "100 Best Companies to Work For in America", they had equity returns that were 3.5% per year higher than those of their peers.

That's because employee satisfaction correlates positively with shareholder returns, according to a new study by Alex Edmans of the Wharton School.

Edmans added, "Contrary to prior research, employee satisfaction need not represent managerial slack."

(GET the link to the study at The Daily Stat)

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