When you think about employee wellbeing, what comes to mind? You may be thinking about policies such as paternity leave or maternity leave. Or perhaps you’re considering sick days and the number of times employees are allowed to take off work for medical reasons. Well, those benefits are all well and good, but much more can be done for employees than just providing them with a few perks here and there. Here we explore why ensuring good workplace wellbeing is so important and how it can benefit any organization:
1) Improve Company Culture
Employees who feel supported by their employers tend to enjoy better health and higher job satisfaction than those who don’t. Conversely, unhappy employees pose many potential problems for any organization. Turnover rates, for instance, are higher in companies where employees feel they aren’t valued or that their opinions don’t count; meanwhile, workers in organizations with positive workplace cultures tend to be more engaged and committed to the company’s success. Well-being initiatives – such as financial support for sports teams or yoga sessions – can improve morale by helping employees make connections outside of work.
2) Grow Your Business
When employees are healthy and happy at work, they’re better able to focus on projects and initiatives, which helps move them forward. This often results in increased productivity – but the benefits don’t stop there! Organizations that promote good employee wellbeing also tend to see fewer absences due to or injury than those who do not. This can positively affect your bottom line by reducing costs to the business.
3) Improve Your Bottom Line
Happy employees are more likely to be productive, engaged, and committed to their jobs; they’re also less likely to take time off work due to illness or injury. Combined, these factors can easily increase your company’s profitability, especially if you factor in reduced costs for sick days and increased productivity! In addition, workplace wellness initiatives can also help inspire employees to come up with new ideas that will improve the way things are done within your organization, leading directly to increased revenue.
4) Boost Employee Morale
When employees feel valued, respected, and supported by their employers, they enjoy higher job satisfaction than those who don’t. This can lead to a more positive work environment, where employees feel free to take risks and share their ideas. In turn, this can lead to increased creativity and productivity. Financial support for activities such as sports teams or after-work get-togethers can help employees feel like they are part of a larger community and that their employer cares about them as individuals.
5) Show Leadership
Employers who promote good workplace wellbeing often set an example for the rest of the world. When people see that a company values its employees’ health and wellbeing, it can inspire them to do the same in their own lives. This is especially true when it comes to promoting healthy lifestyles – employers who encourage them to eat well, exercise, and get enough sleep are helping to create a generation of healthier people.
Ensuring good employee wellbeing is important for any organization, as it can lead to increased productivity, creativity, and morale. By implementing workplace wellness initiatives, you can improve the way your employees feel about their jobs – and, in turn, your bottom line.
