Despite a large body of positive psychological research into the relationship between happiness and productivity, happiness at work has traditionally been seen as a potential by-product of positive outcomes at work, rather than a pathway to business success. Happiness in the workplace is usually dependent on the work environment. During the past two decades, maintaining a level of happiness at work has become more significant and relevant due to the intensification of work caused by economic uncertainty and increase in competition. Nowadays, happiness is viewed by a growing number of scholars and senior executives as one of the major sources of positive outcomes in the workplace. In fact, companies with higher than average employee happiness exhibit better financial performance and customer satisfaction. It is thus beneficial for companies to create and maintain positive work environments and leadership that will contribute to the happiness of their employees. Happiness is not fundamentally rooted in obtaining sensual pleasures and money, but those factors can influence the well-being of an individual at the workplace. However, extensive research has revealed that freedom and autonomy at a workplace have the most effect on the employee's level of happiness, and other important factors are gaining knowledge and the ability to influence the self's working hours. Ryan and Deci offer a definition for happiness in two views: happiness as being hedonic, accompanied with enjoyable feelings and desirable judgements, and happiness as being eudemonic, which involves doing virtuous, moral and meaningful things. Watson et al. claims that the most important approach to explain an individual's experience is in a hedonic tone, which is concerned with the subject's pleasant feelings, satisfying judgments, self-validation and self-actualization. However, some psychologists argue that hedonic happiness is unstable over a long period of time, especially in the absence of eudaimonic well-being.