Forbes asks: Do The Best Places To Work Perform Better In The Market?
Great question. It seems like a logical conclusion based on all we know about happy and fulfilled employees but I was curious to see the data.
Forbes asks: Does company culture pay off? Are the best places to work also market successes? Do places that have poor culture and unhappy workers, likewise, do worse off? This is difficult to prove but possible to correlate.
Glassdoor takes a look at their five years of history of companies rated best places to work and their performance in the market. They examined the stock performance for these companies over five years, and consistently they all have outperformed the S&P500, up to a total return of 243% (versus 121% for the S&P500 during the same time).
This isn’t stock advice but it is a good look at the long-held belief that there is an impact of happy employees on market performance. It may be because they work harder; or it may be that investors outside hear more positive statements and encouragement about the health, stability and success of the organization.
Read the entire article here: http://www.forbes.com/sites/rawnshah/2015/04/20/do-the-best-places-to-work-perform-better-in-the-market/
