A new report released by the BambooHR Employee Happiness Index shows employee satisfaction at work continues to erode in the third quarter of 2023 except among employees working at America’s smallest companies who are the happiest in the nation. As reported yesterday by Axios, the study finds scores around, “happiness at work remain relatively high among small business employees, BambooHR notes — 11 points higher on the Employee Happiness Index compared with the average among all companies.”
“As the leading advocate and resource for America’s smallest employers, we couldn’t agree more with the results of this study that our small business owners and their employees are among the happiest and satisfied in the American workforce,” said Keith Hall, president and CEO of National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-businesses. “While the pandemic was challenging for our community, through preservation, resilience, and determination, we came through it stronger with a recording-breaking surge in new small business openings.”
Over the last few years since the pandemic, there has been a surge in new small business openings reported by both the Small Business Administration (SBA) and the Census Bureau, including a recent Yelp report illustrating every state was on track to beat last year’s all-time high.
Hall continued, “America’s small business owners are finishing out the year incredibly optimistic about the future of their business with their employees happy and satisfied and even more new applicants joining our ranks every day. 2023 is turning out to be another major, record-breaking year on all fronts for our country’s small business community, the lifeblood of our nation’s economy.”
“Self-employed and micro-business owners have chosen a work-life balance that allow them to enact policies that will keep their employees happy and satisfied. We are thrilled that this new survey sheds light on one of the biggest benefits of owning and operating a small business in America’s new work environment – happiness,” concluded Hall.
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