Creating a culture of wellness is integral. Wellness must be a part of modern business strategy. The pandemic has changed the way we work: perhaps forever. Employees now work longer hours, are less likely to take a break and feel altogether more stressed and isolated. With Work from Home and hybrid models the new norm, professional and social working hours have blurred into one. A well-considered wellbeing strategy can make all the difference: ultimately reducing absenteeism while improving job satisfaction, productivity and retention. It is even more successful when it includes a variety of stimulating programs and activities to which everyone involved can contribute.
Creating a culture of wellness is integral. Wellness must be a part of modern business strategy.
The pandemic has changed the way we work: perhaps forever. Employees now work longer hours, are less likely to take a break and feel altogether more stressed and isolated. With Work from Home and hybrid models the new norm, professional and social working hours have blurred into one.
Why is employee wellbeing so vital?
Having an effective wellness culture in place at work delivers greater benefits to employees, while also enabling them to engage more closely with their organisation’s mission and goals.
The World Health Organization (WHO) estimates that depression and anxiety cost the global economy $1 trillion per year in lost productivity. In 2018, 114 million working days were lost due to employee absenteeism, with stress and mental health illness cited as the main contributing factors.
Digital Ocean found that 82% of remote tech workers in the U.S. felt burnt out, with 52% reporting that they worked longer hours remotely than they did in the office. How can we ensure that people stay productive and happy? To not only survive... but thrive?
The business benefits of focusing on wellbeing
A well-considered wellbeing strategy can make all the difference: ultimately reducing absenteeism while improving job satisfaction, productivity and retention. It is even more successful when it includes a variety of stimulating programs and activities to which everyone involved can contribute.
That is why employee wellness programmes have become “de facto” in many companies as a means to attract top talent and keep employees happy and productive. This has resulted in increased employee retention and fewer sickness absences.
The business case is clear: in the UK, for every £1 spent on employee wellness activities, the organisation received £4.17 in programme benefits (PWC). According to the Harvard Business Review, employee wellness programmes deliver measurable returns including a 3-1 return in money saved. The WHO also found that for every $1 spent treating common mental health concerns, there is a corresponding return of $4 in improved health and productivity.
Changing Expectations
External pressures may force wellness programmes to become a core feature of business models. Changes are also taking place in company management, meaning that success and company excellence are no longer measured in financial terms alone, but in a more balanced, holistic way.
This critical shift in thinking has also led employers to expand the concept of employee health beyond solely the conditions acquired at work, to include any condition which could potentially impact employee performance. This trend incorporates a wider spectrum of promotional interventions outside the traditional health remit, such as work/life balance initiatives, which are believed to contribute to greater employee wellbeing.
How we can help
Recommend an effective wellness programme that focuses on both improving the health and wellbeing of employees and also achieve organisational change and development.
Before implementing or improving an existing programme we can:
• Assess the wider business case for a workplace wellness programme
• Consider the economic business case for developing a wellness programme
• Provide a framework for programme implementation and management
• Understand the wellness services currently offered and how they are meeting employee needs
Rapid diagnostics and assessments
We provide automated business diagnostics for organisations to understand how they are currently performing in employee wellbeing.
Our diagnostics enable employee anonymity but also allow organisations to:
• Detect potential risks for wellbeing and mental health
• Regularly review and benchmark the wellbeing and mental health of employees
• Develop tailored programmes to take corrective actions and boost employee wellbeing
• Keep up to date with new initiatives to improve employee wellbeing