Skip to main content
We're here with practical information for your business. Learn about business planning, running a business and more.

Search

For a successful business, you need a viable business idea, the skills to make it work and the funding. Discover whether your idea has what it takes.

Forming your business correctly is essential to ensure you are protected and you comply with the rules. Learn how to set up your business.

It is likely you will need funding to start your business unless you have your own money. Discover some of the main sources of start up funding.

Businesses and individuals must account for and pay various taxes. Understand your tax obligations and how to file, account and pay any taxes you owe.

Businesses are required to comply with a wide range of business laws. We introduce the main rules and regulations you must comply with.

Learn why business planning is an essential exercise if your business is to start and grow successfully, attract funding or target new markets.

Marketing matters. It drives sales and helps promote your brand and products. Discover how to market your business and reach your target customers.

Some businesses need a high street location whilst others can be run from home. Understand the key factors from cost to location, size to security.

Your employees can your biggest asset. They can also be your biggest challenge. We explain how to recruitment and manage staff successfully.

It is likely your business could not function without some form of IT. Learn how to specify, buy, maintain and secure your business IT.

Few businesses manage the leap from start up to high-growth business. Learn what it takes to scale up and take your business to the next level.

The truth about happiness at work

13 May 2019

A happy employeeDoing meaningful work is the most important factor that affects an employee's happiness at work, according to new research.

Wrike has surveyed 1,000 workers each in the UK, US, France and Germany on issues related to work culture, compensation and collaboration. The findings show that work happiness is not all about money, with 54% of those polled saying they have taken a pay cut to take a job that made them happier.

Globally, more men (50%) than women (37%) have taken a pay cut to accept a job that made them happier. When it comes to general job happiness, 71% of Americans are mostly happy, compared to 70% of Germans, 65% of Brits and 54% of the French.

The happiest employees report that diversity is above average in their workplace and say "doing meaningful work" is the most critical factor in their happiness, ranking higher than compensation. In the UK, the happiest employees rank office location as the second most crucial factor in their happiness at work, after "doing meaningful work".

Amplify your business with TheMusicLicence! Amplify your business with TheMusicLicence!

Music has the power to enhance your business and create a more collaborative and welcoming environment.

Get TheMusicLicence today

The report has also found that happiness and productivity are heavily linked, with 91% of elated employees saying they are "very productive" at work.

"The nature of work is changing and with it, employers must also evolve their strategies for building happy and engaged workforces," said Megan Barbier, Wrike vice president of people operations.

"It's time to update our assumptions on what drives happiness so that businesses can truly invest in what matters most to their employees. That requires building an environment where teams can collaborate effectively, regardless of location, to complete work that has meaning and resonates with their values."

Portia Hickey, chartered business psychologist, said: "One especially striking finding from Wrike's Happiness Index is that over half of UK full-time employees have taken a pay cut to accept a job that made them happier. This should serve as a wake-up call for employers - if your staff aren't happy, they will consider going elsewhere, no matter how much you pay them."

The full results of the survey have been published in a report, From Positivity to Productivity: Exposing the Truth Behind Workplace Happiness.

Written by Rachel Miller.

Stay up-to-date with business advice and news

Sign up to this lively and colourful newsletter for new and more established small businesses.

Contact us

Make an enquiry