The business case for workplace well-being

April 25, 2019
Josh Vaisman

A positive psychology practitioner and cofounder of Flourish Veterinary Consulting, Josh Vaisman has served the veterinary industry since 1998 in roles ranging from technician to practice manager to hospital owner. Pulling from a variety of postgraduate certifications and a masters in applied positive psychology, Josh is dedicated to helping cultivate environments in which veterinary professionals can thrive.

In veterinary practices, success leads to happiness, right? Not so fast. Its happiness that breeds business success, say psychology experts. And theres research to prove it.

Happiness in the workplace (are you happier looking at this corgi?) could lead to business success, say researchers. (tatomm/stock.adobe.com)For most of my life I believed achievement and success would lead to happiness. I'd say things like, “if I graduate college, I'll be happy” or “I'll be happy when I make more money.” So I set my mind to those goals and achieved them. I got my degree, bought into a veterinary hospital, sold my equity and bought into a second hospital, joined a consulting company and worked with a veterinary consolidating startup.

Want to know how to do this?

Dive deeper into improving workplace well-being in these articles:

For the team: "3 steps to improving well-being and managing stress in veterinary practice"

For you and your team: "Calm down right now"

For your life: "The power to change lies within"

Well on my way to major financial success, I found myself standing over my breakfast in tears one morning-burnt out and as unhappy as I'd ever been.

In veterinary medicine, I am not alone. Results of the Merck Animal Health Veterinary Wellbeing Study, released in early 2018, show that veterinarians under age 45 are more than twice as likely as the general population to suffer from serious psychological distress.1 Furthermore, recent data from the Centers for Disease Control and Prevention show that “male veterinarians were 2.1 times as likely and female veterinarians were 3.5 times as likely to die from suicide as were members of the U.S. general population.”2

I believe we veterinary professionals have bought into the conventional mindset that success leads to happiness. Not only is this mindset wrong, it's harming us.

Happiness fuels success

In his book The Happiness Advantage, well-being researcher Shawn Achor shows that success doesn't lead to happiness. Rather, he says, happiness leads to success.3 A 2005 meta-analysis of more than 200 studies involving over 275,000 people worldwide confirms Achor's findings that happiness leads to success in nearly every aspect of life, including at work.4

Two decades of research in the fields of positive psychology, organizational psychology and neuroscience have proven time and again that a happy brain performs better. In the workplace this so-called happiness advantage leads to better business performance. That is, companies with happy employees enjoy better business outcomes, veterinary hospitals included.

The Losada line

In 1998, social psychologist Barbara Frederickson, PhD, introduced the benefits of positive emotion. Her work shows that positive emotions have a “broaden and build” effect on the human brain. That is, they broaden our attention and cognitive ability and allow us to build positive neural connections that enhance our ability to learn, create and innovate.5

Following on this work, researcher and consultant Marcial Losada, PhD, set out to determine whether positive experiences in the workplace might lead to business success. He studied corporate teams and categorized their interpersonal interactions as positive or negative. He found that the highest-performing teams had at least a 3:1 ratio of positive to negative interactions.

The highest-performing teams had at least a 3:1 ratio of positive to negative interactions.

In a fascinating example of the power of his findings, Dr. Losada worked closely with a struggling global mining company. Overall, the company had a ratio of about one positive experience for every one negative experience. After team leads were coached for nine months on methods for increasing positive experiences in the workplace, the ratio grew to 3.56-to-1, increasing team productivity by over 40%.6

Oxytocin, the trust molecule

Trained in economics and neuroscience, Paul Zak, PhD, was one of the pioneers in the field of neuroeconomics. He spent more than a decade studying the neurotransmitter oxytocin. In veterinary medicine we recognize this as the chemical of birth. In his book Trust Factor, Dr. Zak says that in humans oxytocin is the neurotransmitter of trust, trustworthiness, empathy and other prosocial behaviors. One can imagine the impact oxytocin has on workplace interactions. Perhaps this is why Dr. Zak's research shows that “ ... a culture of trust [is] among the most powerful predictors economists had ever found to explain why some countries are prosperous while others are poor.”

Dr. Zak developed a system for measuring oxytocin in employees in real time. He's shown that an increase in an organization's overall oxytocin level by a single quartile results in a 25% boost in productivity, a 27% decrease in employee turnover and a decrease in sick time used by an average of two days per employee.

His research also unearthed simple ways to increase oxytocin in an organization's culture, such as by regularly recognizing staff contributions and providing guided autonomy in the workplace. In his words, “adding up the value of the increased productivity and retention … the total additional revenue each colleague would produce after moving up one quartile in trust would be $10,185.”7 In a veterinary hospital with a staff of 10, that totals more than $100,000 in additional revenue.

Putting the theory to work: gratitude

The options for improving workplace happiness are as myriad as they are targeted. What works for one organization may not work for another, but one tool that does appear to work well for most businesses is gratitude.

A 2016 meta-analysis showed that regular gratitude practice increases well-being.8 Include gratitude in your hospital's daily huddle or rounds by asking everyone to share one good thing they've experienced in the past 24 hours.

Clearly, a business case for workplace well-being exists. I believe a moral case exists as well. In caring for ourselves and each other we build our individual and collective potential. We feel better, we do better, we care better and our hospitals succeed.

References

1.   Volk JO, Shimmack U, Strand EB, et al. (2018). Executive summary of the Merck Animal Health Veterinary Wellbeing Study. Journal of the American Veterinary Medical Association 252(10):1231-1238

2.   Larkin M. Suicide rate in profession stretches back decades. American Veterinary Medical Association website: https://www.avma.org/News/JAVMANews/Pages/180615c.aspx. Published May 30, 2018. Accessed April 16, 2019.

3.   Achor S. The Happiness Advantage. New York: Publishing Group, 2010.

4.   Lyubomirsky S. .King L, Diener E The benefits of frequent positive affect: Does happiness lead to success? Pyschol Bull 2005;131(6):803-855.

5.   Fredrickson BL. (1998). What good are positive emotions? Rev Gen Psychol 1998;2(3):300-319.

6.   Losada M. Work teams and the Losada line: new results. Positive Psychology News website: https://positivepsychologynews.com/news/marcial-losada/200812091298. Published December 9, 2008. Accessed April 16, 2019.

7.   Zak PJ. Trust Factor: The science of creating high-performance companies. New York: AMACOM, 2017.

8.   Davis DE, ChoeE, Meyers J, et al. Thankful for the little things: A meta-analysis of gratitude interventions. J Couns Psychol 2016;63(1): 20-31.