Why Organizations Need To Invest In Employees’ Well-Being
- Posted by Cam Poole
- On February 25, 2020
Many organizations strive to prioritize and invest in their employees, particularly when the goal is to reach and achieve the organization’s full potential. But focusing on employee satisfaction or employee engagement is evidently not enough.
The success of your business greatly depends on the overall well-being and employee experience of your team. And, the cost of doing nothing is staggering. It’s been estimated that the loss of productivity due to lack of mental well-being costs the global economy $1 trillion US dollars.
Forward-thinking companies realize they need to broaden their perspective when it comes to supporting workplace wellness – taking a holistic approach that considers all aspects of the individual’s health. To attract and retain top talent, companies need to invest in their workers’ wellness continually. It not only makes for a happy workforce but also boosts the bottom line.
4 ways to invest in your employee’s well-being to deliver the best work experience yet
- The power of strengths
For some employees, well-being requires having a sense of purpose; for others, it can be a matter of using their strengths and skill set. Studies show that when using our strengths, we’re less likely to report experiences of worry, stress, anger, sadness, or physical pain in the workday. Ensure each employee has the tools they need to perform at their highest level. Be proactive and seek employee feedback to ensure everyone in your team is set up for success.
- Cultivate a culture of support
The well-being of an organization depends on the well-being of its people. Company culture is often created from the top down, so it’s crucial to shine a light on awareness and support for leaders’ well-being. If the mental health and well-being of managers is neglected, in turn, they will struggle to support their team. It’s vital that leaders break the social taboo of mental health by talking about it in the workplace. A little intent and empathy will go a long way in helping employees open up and ask for the help they need.
- Create a holistic well-being strategy
Recognize that a healthy lifestyle is not limited to only fitness and diet. Companies would be wise to consider a well-being strategy that encompasses everyday life challenges such as relationships, stress reduction, sleep management, and financial well-being. For those in your workforce who have demanding personal lives, flexibility, along with the provision of relevant benefits, will go a long way.
- Ensure your well-being program is accessible
Understand that well-being programs are not a “one size fits all” solution to address your employees needs. By going the extra mile and offering digital technology solutions, employees gain convenient access to mobile and stigma-free virtual benefits and support that they can easily integrate into their daily lives.
Take care of those in your charge
The way a company treats its employees is reflective of its workplace ecosystem. By building relationships with your employees, you can ensure they feel heard and valued, while understanding their strengths and what truly drives them. The companies that invest in the employee well-being and experience become the prime places to work with a boost to business, thanks to their happier and healthier people who feel a strong sense of belonging, respect and motivation.
Book a demo of the Snapclarity virtual mental healthcare platform to see how it will transform your employees’ experience.
0 comments on Why Organizations Need To Invest In Employees’ Well-Being