Wellbeing is essential to us all. In fact, it goes beyond a personal level; wellbeing is also a strategic issue in the workplace. The mental and physical wellbeing of your employees can have a positive impact on your company. We’ll even take it one step further: Your organization can’t afford not to focus on employee wellbeing.
4 Benefits to a Positive Workplace
- Employee Satisfaction
According to the Buffett National Wellness Survey, 6 in 10 Canadians believe “their employer has some responsibility in ensuring their good health.” Whether that means promoting a healthy lifestyle in the workplace or supporting work-life balance, making the wellbeing of your staff a priority can boost morale. In fact, HUB International says “54% [of benefits administrators] cite employee morale as their most improved metric from implementing wellness programs.”
- Less Stress = Improved Productivity and Employee Retention
Stressed employees are not necessarily the most productive employees. Stressful work environments can lead to physical health issues, distraction, high rates of absenteeism (or presenteeism – being present but less effective), and high rates of employee turnover. A focus on employee wellness can help keep stress levels manageable, which in turn boosts overall productivity. Happy, healthy employees are also more likely to remain with the company, and to recommend your organization to others.
- Better Outcomes
Making the physical and mental wellbeing of your staff a priority can also result in higher energy levels, more creative thinking, and better ability to manage tight deadlines and pressure. The vast majority (over 90%) of employees say they feel motivated to do their best when they feel their company supports their wellbeing. You don’t need us to tell you the payoff from those perks!
- Revenue Boost
Between the reduction in stress-related absences, the increase in employee satisfaction, and the boost in productivity, your corporate bottom line is going to appreciate your focus on employee wellbeing, too. The Buffett National Wellness Survey indicates that companies with effective wellness products report an 11% higher revenue per employee and 28% greater shareholder returns.
“The Well” Blog comes from a universal belief in the power of words, and their proven ability to help change lives and to lead, work and live better.
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