Some of the benefits of having strong peer relationships in the workplace include:
It helps to boost retention. Unhealthy peer relationships can lead to some colleagues or employees feeling isolated, unheard, and generally not a part of the organization. As a result, they may choose to leave the organization in search of greener pastures. With research showing that at least 30% of employees have best friends at their workplaces, maintaining healthy peer relationships can help boost retention rates.
Improves productivity and performance. Research from Oxford University found out that workers are 13% more productive when they are generally happy. In any workplace, the happiness of employees/peers can be found within each other. Improving peer relationships can therefore enhance the productivity and performance of an organization.
It improves the morale of the team. Healthy peer relationships can help improve the morale of the whole team. Studies show that friendships and job satisfaction lead to increased happiness. People love to get along, feel supported, and establish bonds.