Employee wellbeing does not just dictate an individual’s performance. It also influences the work culture of an organisation and hence its output and revenue.
Why Promote Employee Wellbeing?
A great employee wellbeing program impacts:
- Employee engagement
- Staff turnover
- Team morale
- Work culture
These factors control an organisation’s competitive performance in the market.
More Benefits of Employee Wellbeing
Employee wellbeing programs help an organisation save money on other fronts, too.
Reduced healthcare costs are one example. Johnson & Johnson estimates that employee wellness programmes saved them $250 million on healthcare costs over the decade from 2002 to 2008.
The Challenges in the Way
To increase employee engagement and wellbeing, a few obstacles must be overcome. The common challenges faced by employees are:
- Mental health
- Financial wellbeing
- Job satisfaction
How to Create an Effective Employee Wellness Program
Here are some strategies that managers and HR leaders can use while crafting employee wellness programs.
Promote Greater Autonomy to Employees:
Micromanaging is a sign of a lack of trust.
To boost employee wellness, promote:
- and Responsibilities
Here are some ideas which would benefit employee engagement and wellbeing.
- Letting employees exercise choice
- Letting go of the 40-hour workweek
- Establishing autonomous work teams
- Creating decision-making opportunities
- Making transparent scrum sessions the norm
Offer Employee Benefits
Employee benefits can be a very effective way to foster workplace wellbeing.
Benefits should extend beyond the workplace to the lives of employees. A helpful way of ensuring this is extending some benefits to the employees’ families.
Some examples of employee benefits are:
- Special discounts and vouchers
- Gym and health club memberships
- Paid leaves
Give workers more control over their personal and professional lives. This can do wonders for employee wellbeing.
Some ideas for helping this cause are granting:
- Flexible work hours
- Easier trading of shifts
- The option for some work-for-home days
Incorporate Technology into Benefits
Organisations with the best workplace wellbeing incorporate world-class technology. Some ideas for incorporating technology in your employee wellbeing program are:
- Programs which connect employees to vendors with exclusive offers
- Diet and exercise tracking programs
- Retirement counselling sessions
Provide Financial Education
Financial health has a direct influence on physical and mental employee wellbeing.
Educate employees, especially the younger ones, about
- Investing in the right place, at the right time and in the right way
- Handling real-world financial situations such as taxes
- Managing debt
- Wedding planning
Knowledge is a powerful tool. Promote employee wellbeing by providing valuable knowledge.
Maintain a High-Functioning Work Culture
Every employee wants to be part of an engaging and supporting work culture.
- Encourage leadership
- Promote accountability for one’s work
- Ensure transparent communication
Help individuals feel valued to improve employee wellbeing.
Integrate an Employee Assistance Program
An employee assistance program is designed to help employees resolve personal issues affecting performance.
Since many employees are working from home, communication with teammates has become difficult in certain aspects. One such aspect is the lack of human touch found in chit-chats in office hallways.
Besides incorporating such programs, also arrange frequent meetings with employees to check up on their mental health.
Work is a significant part of an employee’s experience of life. A degraded employee experience would hamper productivity and it would disengage employees. Promoting employee wellbeing is a win-win situation for both the employee and the organisation. An effective employee wellness program provides the boost an organisation needs to get ahead of its competitors.