Happiness is working for a large, well-managed company

Large well-managed companies with a wide global reach provide a happier work-life balance for their employees, research shows.

Allowing staff to work “smarter” not “harder” was the key to successful management, the survey by the Centre for Economic Performance (CEP) found.

Well-managed businesses were not necessarily more productive, it said, but provided a better work-life balance for staff.

The CEP surveyed more than 700 companies in France, Germany, the UK and the US.

Good people management, such as fostering talent, rewarding and retaining staff and offering training opportunities were likely to be found in conjunction with good work-life practices, the CEP found.

Meanwhile, in well-managed companies, hours worked by both managers and their staff were not significantly higher than those in badly run businesses, the report said.

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