Should firms focus on the well-being of their employees in order to increase profits?
It is an undisputed fact that a company’s profit margin is inextricably linked to its labour force. I wrote a short thesis focused on how and why the wellbeing of the workforce can directly affect a company's performance.
What is the Easterlin Paradox? Does money buy happiness? Are you running on the hedonic treadmill? All this and more is explored as I attempt to answer the question: "Should firms focus on the wellbeing of their employees in order to increase profits?"
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