Happiness Underpins Retention

by | Sep 24, 2024

For many years, social scientists have tried to quantify the underlying causes of happiness.

In the workplace, the topic is relevant because there is a lot of research linking employee happiness to positive business outcomes and retention.

So, what causes employees to experience happiness in the workplace?

From the agent/employee perspective, here are four of the drivers researchers have identified that lead to happiness in the workplace:

An agent’s trust in their company’s leadership. Is my manager really looking out for my success?

A culture where agents are encouraged to share ideas and individual opinions.  Are my ideas valued by those around me?

A workplace where co-workers feel like family or friends. Do I have friends at work I can trust and reach out to for support?

Benefits customized to meet an agent’s needs.Does my manager understand and flex to meet my needs?

Take a quick inventory.

Would your agents say these characteristics are well-represented in your company or team?

If not, start thinking through some changes necessary to make these traits part of your identity.

Retention starts with creating a place where agents experience happiness in their day-to-day work.

These are the places where high performing agents want to land and stay.

 

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Unlock the secrets of effective real estate recruiting. Revised to include actionable frameworks for sharper execution and to help you turn psychological theory into a repeatable recruiting system.

The Library Effect

The Library Effect

The Library Effect is something you can easily apply to recruiting, and it’s one of the reasons that accountability groups are so effective.

Just getting together with other hiring managers and recruiting for a set period of time each week will short-circuit many of your recruiting excuses.