We’ve known for a while now how important work friendships are. For years, item 10 on Gallup’s Q12 Meta-Analysis for engagement has been “Do you have a best friend at work?” Work friendships, says Gallup, are linked statistically to retention. They’ve noted that employees with a best friend at work are: 43% more likely to report having received praise or recognition for their work. 37% more likely to report that someone at work encourages their development. 35% more likely to report coworker commitment to quality.

1. The
HIDDEN ECONOMICS
of
Work Friendships

2. of us have made at least one friend at
work in our careers
95%

3. Work friendships make our
lives better
of workers say work
relationships matter to
quality of life
89%

4. But are they really critical to getting
serious business done?

5. Actually, yes.

6. FALL 2014 REPORT
ADAPTING TO THE REALITIES
OF OUR CHANGING WORKFORCE
RESEARCHREPORT
The more friends you have at
work, the more committed you are
to your company
According to our latest
Fall 2014 Workforce
Mood Tracker
TM
, research:

7. More friends means we’re more
likely to love our companies
NO 36%
NO 76%YES 24%
YES 64%
NO 55%YES 45%
NO 29%YES 71%25+ Friends
Do you love your company?
6-25 Friends
1-5 Friends
No Friends

8. We’re twice as likely to trust our
company leaders
10%
17%
21%
22%
No Friends
1-5 Friends
6-25 Friends
25+ Friends
Do you trust your company’s leadership?
YES
YES
YES
YES

9. We’re prouder of our companies
No Friends
1-5 Friends
6-25 Friends
25+ Friends 50%
36%
27%
14%
Are you proud of your company and co-workers?
YES
YES
YES
YES

10. We’re way more engaged - and
therefore more productive
25+ Friends 6-25 Friends 1-5 Friends No Friends
69%
Highly Engaged Highly Engaged Highly Engaged Highly Engaged
48% 37% 28%

11. And we’re a lot less likely
to jump ship
NO
NOYES
YES
NOYES
NOYES25+ Friends 21% 79%
30% 70%
38% 62%
42% 58%
6-25 Friends
1-5 Friends
No Friends
Would you accept a new job if it were offered to you?

12. How can you make work friendship
economics work for your company?

13. Offer opportunities for
workers to connect
1

14. 2Create a culture of appreciation
and recognition
Great job!
Thanks!

15. Make great relationships
a priority
3

16. Share stories and memories
4

17. Think of your organization as a collection
of communities, not a heirarchy
5

18. PROFIT!
6

19. Read more in our Globoforce
“Workforce Mood Tracker Report”.
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