With mental health costs for employers reaching up to PS56bn1 in staff absenteeism, lost productivity and staff turnover, it makes sense for organisations to invest in the health and wellbeing of their workforce.
Wellbeing goes beyond traditional health concepts of physical and mental health to include a person’s enjoyment of happiness and self-fulfillment. It also recognises that health is a social and cultural construct.
Improved productivity
Wellbeing isn’t just about physical health — it’s also mental and emotional. This is why health wellbeing services that address these aspects of an employee’s health can be especially effective.
For example, research from the Journal of Occupational and Environmental Medicine showed that employees who participated in wellness programs made lifestyle changes that saved their companies $353 in recouped productivity per employee annually. This is a significant amount, particularly considering that employee turnover is costly for employers.
Investing in an employee’s health through effective healthcare and wellness programs can help mitigate this problem and improve productivity levels at the same time.
Employees want to work for companies that prioritize their wellbeing. They’re also looking for access to affordable and easy-to-use healthcare and wellness benefits. This is why more than 90% of business leaders say a company’s performance and productivity improve when employees’ wellbeing is a top priority.
Better work-life balance
Providing employees with the opportunity to work at their own pace and on their terms can help them achieve a better balance between life and work. This will encourage them to stay motivated and deliver their best. It will also give them the opportunity to spend more time with their family. Moreover, it will boost their morale and help them avoid burnout. Consequently, the company will see an improvement in employee retention and productivity.
Working long hours can result in serious health problems, such as obesity, depression, lack of sleep, poor mental health and even heart disease. However, a healthy work-life balance can prevent these issues. Moreover, it can also reduce the risk of workplace accidents and ill health. Besides, it will prove to your insurer that you are taking proactive measures to manage psychosocial risks, which can lead to lower insurance premiums.
Increased employee retention
With wellbeing programs that address the holistic needs of employees, workers feel supported by their employers and form a stronger bond. This leads to higher employee retention rates, which in turn lowers turnover costs.
The study demonstrated that overall well-being change was predictive of employer outcomes, including health care (total health care spend, ER visits, and hospitalizations), productivity (unscheduled absences, short-term disability leave, and presenteeism), and retention (intention to stay and supervisor ratings of job performance). In addition, the research established a business case for using an integrated approach to employee health, wellness, and culture to realize substantial costs savings, productivity gains, and reduced turnover.
Staff mental health and wellbeing hubs offer all health and social care colleagues rapid access to assessment and local evidence-based mental health support for a wide range of conditions. The service is completely confidential and is open to all staff across the whole of the NHS.
Customized wellness programs
Many companies are incorporating wellness programs into their workplaces. These programs help employees to become more exercise physiology Melbourne and productive, and they can also increase employee retention rates. Developing a successful health and wellness program requires careful planning. It is important to use a variety of strategies, including high-intensity strategies that require significant behavior change. These strategies take the most time and money, but they can have the greatest impact on employee health outcomes.
In addition to providing wellness services, employers should consider legal issues when designing their wellness programs. In particular, they should ensure that the wellness programs do not discriminate against employees based on protected characteristics under federal laws.
Additionally, they should make sure that their wellness programs are not seen as coercive or manipulative by employees. This can be achieved by using a friendly, conversational tone in their communications. Lastly, they should offer a variety of activities and events to encourage participation in the wellness program.
Anxiety caused by the epidemic has interrupted daily routines, raised concerns about people's mental health, and made them nervous.
Many people have felt alienated as a result of physical separation, and they have feared that their mental health will deteriorate.Many companies, in any industry, prioritize employee health, which is why prioritizing effective health and wellbeing programs is a fantastic approach to combine health and engagement.
Well, they've linked methods that many employers are considering as a wake-up call, and many organisations are investing in workplace health and wellbeing to overcome problems and move forward in the face of adversity.Considering employee duties, happiness, engagement, and stress levels can all affect working when discussing employee wellbeing.
Increased productivity, focus, and vitality at work have a huge payoff as a result of the employer's concern and support reduces attrition, resulting in further cost savings.
Wellness initiatives are tedious, obtrusive, or time-consuming.Employees are more likely to "make time" for activities that are enjoyable, useful, and inclusive.
Companies that put pressure on their employees to participate in programs that demand too much tracking are all examples of common blunders.
Your health and wellbeing are important factors to the success and happiness that you experience in your life.
Sentrient's online health and wellbeing course will help you live a healthy life and promote well-being for everyone at your workplace, whether you’re working onsite, remotely or from home.
