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Do you remember the last time you had to choose between two job offers? Or, perhaps, the last time you had to choose between staying at your current job or accepting a new position elsewhere? Do you remember how you made your decision? Which factors you considered?

There are some obvious ones—salary, benefits, career progression. But when all of these things are more or less equal, how do you determine which job will make you happiest?

It’s important to think about this question because it can provide some insights into your own employees. The factors you value may very well be the factors they value—and as such, you can use them to increase workplace morale as well as retention.

Let me run through a brief list, including some of the main perks that really make employees happier. This is based on data I’ve collected in my time as an executive coach and motivational speaker, working with companies of all types, all over the world.

What Keeps Employees Happy?

Some of the key factors include:

  1. Flexible work environment. Do your employees get to work from anywhere in the world? Are they allowed to spend a day outside the office, perhaps working from a coffee shop, or even from the beach? The ability to work from home, or on the road, is something today’s employees treasure.
  2. A culture of wellness. Do you care whether your employees are healthy, energetic, and focused? Do you make your workplace an environment that promotes healthy decisions, like stress management, physical activity, healthy snacks, hydration, and sound mental health practices?
  3. Recognition. People like to be praised and affirmed for their good work, and they like to see their co-workers recognized, too. Weekly “high five” programs or simply a habit of public praise for great work can really go a long way.
  4. Support for co-workers in need. What can you do to help a team member who’s going through a hard time? Access to counseling, or simply some additional PTO, is an invaluable way to show you care—and employees notice and appreciate it.
  5. Education. On-the-job learning and career development opportunities show that you want your employees to keep getting better—and that you’re investing in them over the long term.

These are all things that employees prize—and when you implement them, it can lead to a happier and more loyal team.