"The quality of relationships has a far bigger effect [on happiness] than quite large rises in salary..."
These are the words of economist Andrew Oswald of the University of Warwick in England. A recent AP Science article discussed the connection between money and happiness. While many leaders seek to build salaries at the expense of relationships, the latest research is now showing that relationships have a larger effect on life satisfaction than money does.
While there is nothing wrong with making a 6-figure (or better) salary, wise leaders make sure they take an emotionally intelligent approach to their income ... by focusing on the importance of their relationships.
PLUS, as I mentioned in Leading People the Black Belt Way, a better way to lead is to use Both/And thinking. For leaders, it's not the question of either building better relationships OR making high salaries. The better question that leaders can ask themselves is .... "How do I do both?"
The answer: focus on relationships.
When you focus on relationships at work, you'll have employees who are more emotionally engaged. Emotionally engaged employees are more productive, which is better for YOUR bottom line.
BOTTOM LINE: Smart leaders focus on building better relationships. Better relationships create emotionally engaged employees ... which improves your bottom line.
tags:
Emotional Intelligence
Money and Happiness
Emotional Engagement