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The Importance of Job Satisfaction

Job satisfaction can have an effect on several different aspects of your business. In 2007, a worldwide survey of six industrialized nations including the United States showed that 80 percent of American workers are satisfied with their jobs, according to the Harris Interactive website. Understanding the importance of job satisfaction will motivate you to make sure that your employees are among the 8 out of 10 satisfied American workers.

Turnover

In order to understand the importance of job satisfaction, you need to attach economic factors to it. The cost of losing and replacing one single employee can be as high as $75,000, according to William G. Bliss, writing on the Small Business Advisor website. Some of the costs involved in replacing an employee include advertising for a replacement, the drop in productivity that occurs when you lose an experienced employee and the drop in productivity that occurs when you are bringing a new employee up to speed. Creating job satisfaction lowers employee turnover and reduces these costs to the company.

Morale

A disgruntled employee who is unhappy with his job can cause a drop in overall productivity. But as that employee starts to spread his dissatisfaction through the rest of the staff, it can cause a drop in employee morale. The dissatisfaction with the company can grow if not addressed, and a universal drop in productivity occurs. Employees who are satisfied with their jobs do not create problems with staff morale.

Training

An employee who is satisfied with her job will want to retain that job for as long as possible. When the company offers training to enhance employee knowledge regarding their job duties, that training is accepted by satisfied employees. Ongoing training helps to make your staff more competitive within your industry by keeping them up to date on new developments in sales processes, equipment and changes with the competition. Satisfied employees are more eager to apply new knowledge to their job performance and help to improve the company's competitive advantage.

Recruitment

Satisfied employees will attempt to recruit people they know who have the background necessary to assist the company. Recruiting new talent for your company becomes easier when the existing staff is satisfied and speaks highly of your organization. When your current staff is satisfied, they will act as recruiters for your organization and bring talented candidates to your company's attention that may have otherwise not applied for a position.



Tips to Find a Job from Millions of Job Listings Online

The Jobs of the Ancient Greeks

When people think of Ancient Greece, they think of the citizens of this time period as either soldiers or farmers. This, in fact, barely scratches the surface of the jobs in the Grecian culture. There were a variety of opportunities for both men and women to have a career.Money Changer Men held the ...

Home Health Physical Therapy Job Description

A home health physical therapist works to improve the mobility or relieve the pain of individuals recovering from an illness, trauma, or surgery and who, due to the nature of their injury, are unable to physically make the trip to a hospital or clinic. These patients typically are recovering at home ...

Do a Profit-and-Loss Statement for Self-Employment

To figure net income, you need to know your total income and total expenses for the period. If you've been recording your transactions throughout the period, you can simply open your accounting software to get the data. Otherwise, you'll need to gather these records, including receipts, bills and in ...

Job Description for a Scriptwriter

Scriptwriters are hired to work either as an employee or a freelance writer to compose and revise scripts for dramas, comedies, commercials and soap operas that appear on stage, in television or in movies. They have a difficult job that can be appealing to many individuals because of the creativity ...

The Effect of Part-Time Jobs on Students

While academics are the main focus of college students, many will also spend their college years in part-time employment. In the report "Student Employment and Higher Education: Empiricism and Contradiction," members of the American Educational Research Association reported that more than 50 percent ...

Advancement Opportunities in a Teaching Career

As a first year teacher, you may have developed a few professional concerns. One might be your paycheck. In 2009, first year teachers made an average annual salary of only $34,143. Another might be your career direction. Your college friends are slowly climbing a corporate ladder, but teaching doesn ...

Restorative Nursing Assistant Job Description

A restorative nursing assistant, or RNA, is a type of nursing assistant trained to help nurses in restoring mobility to patients. Because of the nature of the assigned tasks, an RNA is sometimes referred to as a patient care assistant.Assistance Following the restorative treatment plan devised by a ...

Job Description for a Rural Carrier Associate

A rural carrier associate picks up and delivers mail, packages and parcels to United States Postal Service (USPS) customers located outside urban areas. His route may include residential or commercial patrons or a mixture of both. At the end of his shift, he returns to a specified post office in his ...

Bid on a Translation Job

If you are fluent in a second language, you can earn money translating audio and text for clients. Book publishers, self-published authors and entrepreneurs all need translation services to increase their customer bases and increase sales. Successfully landing translation projects involves more than ...

Job Description of a Benefits Specialist

An organization’s benefits programs can make a difference in increasing employee loyalty and reducing turnover. Benefits specialists typically work in the human resources department, where they develop and manage employee benefits programs. They focus on improving employee satisfaction and ens ...

Job Description for a Customs Clerk

When companies and corporations engage in trade with foreign countries, the exchanged goods pass through customs to ensure they are legal and authorized. A customs clerk facilitates these procedures. According to Payscale, in July 2010 a U.S. customs clerk earned $24,884 to $33,678 annually.Job Duti ...

Handle Two or More Jobs

Handling two jobs can be tough mentally and physically. For one, you are trying to raise enough cash to pay the bills. Two, you need to get the experience for a better job. Three, you may be doing all this while taking classes at a college. This is about decisions, actions and taking the right step ...

The Best Fonts for a Career Portfolio

Crafting an impressive portfolio -- one that stands out, compelling the reader to continue reviewing your career highlight -- is no small task. Not only must the text content strongly and succinctly describe your experience and accomplishments, the portfolio must also be presented in a professional ...

Cover Letter for Assembly Job

A resume application for an assembly job needs to include a cover letter, whether the employer has requested one or not. The cover letter must present your expertise within the assembly industry, so the employer is motivated to turn the page and read through your resume. Spend time writing a solid a ...

Math Test Questions for Employment

Companies always want to make sure they hire the best and most qualified job applicants. To achieve this objective, some companies include aptitude and skills tests with their employment paperwork. The purpose of a skills test, according to Employee Selection and Development, is to verify that appli ...