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Shifting From Cost to Quality of Life Maximizing Value per Square Foot

SHIFTING FROM COST TO QUALITY OF LIFE MAXIMIZING VALUE PER SQUARE FOOT BUILT ENVIRONMENT Person Company Sick building syndrome costs businesses $60,000,000,000 Your employees spend over 90% annually in the form of decreased productivity. absenteeism, and medical claims among workers who are ill due to their environment.3) of their lives indoors - and much of that time is at work.) Workers with sick building symptoms have several chronic conditions, like asthma, skin diseases, and headaches! Companies bear an average cost of341 in lost productivity and healthcare costs per day when a worker is out sick 14) HIGH PERFORMING EMPLOYEES The cost of lost productivity from disengaged employees in the U.S. is estimated at $370,000,000,000 annually 61 Engaged employees are more attentive and vigilant. They look out for the needs of their coworkers and the overall enterprise, because they personally 'own the result of their work and that of the organization."51 - Jim Harter Ph.D., a chief scientist at Gallup Research in the Harvard Business Review. Pharma companies with higher engagement scores have had a 86% greater customer satisfaction 78% higher safety record 70% lower turnover 44% greater profitability than their less-engaged peer companies" INTELLECTUAL MOTIVATION In a study of 32U Fast Moving Consumer Goods companies, various intellectual motivational factors led to 50% of the variance in the companies' innovative Intellectual stimulation is the most important aspect of an employee's job satisfaction, 18.5% work behavior. In particular, a strong organizational climate with shared goals led to high innovation among teams. accounting for l of job satisfaction (8] 50% SOCIAL CONNECTION Social technology implementation may raise the productivity by 20 to 25%. Socially isolated workers are 2.5 X more likely to develop a chronic disease compared to their colleagues. 10 EMOTIONAL WELLBEING Poor work-life balance is the pathway to higher healthcare costs for employers. especially if employees are feeling depressed or anxious. 12] A third of those surveyed felt unhappy about their work hours; 191 20% An average upwards of of workers can be depressed at any one time. 27% feel depressed when they have to work long hours Depression Costs U.S. Workplaces 34% $23,000,000,000 $600 feel anxious per year/ per person in Absenteeisml13] 58% become irritable PHYSICAL WELLBEING In addition to being healthier, people who exercise on work days Even a 5% physical activity in your increase in are workforce can reduce • happier. • suffer less stress, • are more productive. • have better time management, • have better mental and interpersonal performance, • can manage their workload better.!14) medical expenditures. Quality Workplaces are more Profitable Cross-functional teams and highly connected internal players are key to your business success "Best Companies to Work For" between 1998 and 2009 were over 224 % compared to 42% One in six American workers are contract workers, (S&P 500) and 47 % (Russell 3000) and a recent survey showed 467/ of executives plan to stay only 2-5 cross-functional teams are critical to maintaining years. Collaboration and There are no other factors that can explain this significant, consistent, historical return on investment. It could be the difference between landing a client or not. 171 organizational knowledge.8l For Statistical References and Citations, please go to Sodexo.com/quality of life on our Sodexo Thought Leadership App sodexo QUALITY OF LIFE SERVICES

Shifting From Cost to Quality of Life Maximizing Value per Square Foot

shared by taniacreative on Feb 13
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The narrative centers on the impact of Quality of life per square foot to a single person, eventually rolling up to/aggregating the impact on the entire company. Here we discuss the impact of Quality...

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Sodexo

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taniacreative

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Nina Ignaczak

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Health
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