Featured Research

from universities, journals, and other organizations

Go green to give a boost to employee morale

Date:
February 1, 2011
Source:
Inderscience Publishers
Summary:
In a global recession, most people are thankful to have a job, but a new study suggests that employees are more likely to be satisfied with their jobs if they are working for a company that is perceived to be "green." The financial performance of companies fails to correlate with employee happiness.

In a global recession, most people are thankful to have a job, but a new study suggests that employees are more likely to be satisfied with their jobs if they are working for a company that is perceived to be "green." The financial performance of companies fails to correlate with employee happiness.

Related Articles


Cassandra Walsh and Adam Sulkowski, both of the Charlton College of Business at University of Massachusetts Dartmouth, wanted to know whether employee morale is typically affected when a company is perceived as taking steps to be more environmentally benign, or whether the company's financial performance has a greater effect on employee happiness.

There has been little research until now in this area. Common sense might suggest that employees who place value on environmental performance may be happier working for companies whose perceived performance in this area are congruent with their beliefs. Likewise, employees' satisfaction may be related to a firm's financial value: employees of firms with solid financial performance may be more satisfied with their jobs than are employees of firms with mediocre financial performance. To test their hypotheses, the team analyzed data on employee satisfaction and perceived environmental responsibility from 113 companies and thousands of employees using regression analysis. The same test was repeated using the employee satisfaction data and company financial performance metrics.

"The results of the analysis indicate a significant positive relationship between employee satisfaction and level of perceived environmental performance," the team says. "This study does not find a significant relationship between employee satisfaction and firm financial value."

This research suggests that companies would be well-advised to engage in communication efforts such as sustainability reporting (also known as corporate social responsibility -- CSR -- reporting, or environmental, social, and governance -ESG -- reporting). By credibly communicating about environmental performance and positive efforts to become more environmentally benign, a company is likely to improve employee recruitment, retention, and morale.


Story Source:

The above story is based on materials provided by Inderscience Publishers. Note: Materials may be edited for content and length.


Journal Reference:

  1. Cassandra Walsh and Adam Sulkowski. A greener company makes for happier employees more so than does a more valuable one: a regression analysis of employee satisfaction, perceived environmental performance and firm financial value. Int. Environ. Rev., 2010, 11, 274-282

Cite This Page:

Inderscience Publishers. "Go green to give a boost to employee morale." ScienceDaily. ScienceDaily, 1 February 2011. <www.sciencedaily.com/releases/2011/02/110201101626.htm>.
Inderscience Publishers. (2011, February 1). Go green to give a boost to employee morale. ScienceDaily. Retrieved March 30, 2015 from www.sciencedaily.com/releases/2011/02/110201101626.htm
Inderscience Publishers. "Go green to give a boost to employee morale." ScienceDaily. www.sciencedaily.com/releases/2011/02/110201101626.htm (accessed March 30, 2015).

Share This


More From ScienceDaily



More Earth & Climate News

Monday, March 30, 2015

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

New Arthropod Fossil Might Be Relative Of Spiders, Scorpions

New Arthropod Fossil Might Be Relative Of Spiders, Scorpions

Newsy (Mar. 29, 2015) A 508-million-year-old arthropod that swam in the Cambrian seas is thought to share a common ancestor with spiders and scorpions. Video provided by Newsy
Powered by NewsLook.com
Vietnam Rice Boom Piles Pressure on Farmers and the Environment

Vietnam Rice Boom Piles Pressure on Farmers and the Environment

AFP (Mar. 29, 2015) Vietnam&apos;s drive to become the world&apos;s leading rice exporter is pushing farmers in the fertile Mekong Delta to the brink, say experts, with mounting costs to the environment. Duration: 02:35 Video provided by AFP
Powered by NewsLook.com
Raw: New Eruptions at Colima Volcano in Mexico

Raw: New Eruptions at Colima Volcano in Mexico

AP (Mar. 28, 2015) The Colima Volcano in western Mexico sent large columns of ash up into the air on Saturday. (March 28) Video provided by AP
Powered by NewsLook.com
Antarctic Ice Is Melting Faster Than Ever

Antarctic Ice Is Melting Faster Than Ever

Newsy (Mar. 27, 2015) A new study of nearly two decades of satellite data shows Antarctic ice shelves are losing more mass faster every year. Video provided by Newsy
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:

Breaking News:

Strange & Offbeat Stories


Plants & Animals

Earth & Climate

Fossils & Ruins

In Other News

... from NewsDaily.com

Science News

Health News

Environment News

Technology News



Save/Print:
Share:

Free Subscriptions


Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

Get Social & Mobile


Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

Have Feedback?


Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
Mobile: iPhone Android Web
Follow: Facebook Twitter Google+
Subscribe: RSS Feeds Email Newsletters
Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins