Why employee wellbeing should be your top business priority
Employee wellbeing is the number one factor for success as a business.
A happy employee is a productive employee. But, as the cost-of-living crisis spirals and retention numbers dwindle, are you doing enough to look after your most valuable assets?
Simple, but complex
Employee wellbeing means health, wealth and self – it’s as simple as that.
According to Resources for Employers, employee wellbeing refers to the overall mental, physical, emotional and economic health of employees. It’s influenced by factors such as their relationships with co-workers, their decisions, and the tools and resources they have access to.
Our starting point is employee wellness, wellbeing at work that supports each and every colleague on a daily basis.
We can help you with your employee health and wellbeing package, giving you everything you need at the click of a button.
Prioritise your employees
Forget ‘acceptable’ and ‘fine and dandy’: if you’re not putting a sharp focus on the people that make you tick, then you’re not doing it right. Employees require more than just a payslip. Their overall package needs to be full of the things that support them in all factors of life.
Benefits, incentives, social events – make sure you have a wellbeing proposal worth shouting about.
That means putting colleagues first. In a new survey by Harvard Business Review (HBR) Analytic Services sponsored by Indeed, 69% of the 1,073 business leaders surveyed say that a happier workplace makes it easier to retain talent; 94% agree that it makes attracting better talent easier; and 87% believe it gives the organisation a competitive advantage.
And yet, only a third of leaders surveyed say they’ve made wellbeing a top priority — and just 19% have a wellbeing strategy.
So, by putting your employees first, and providing a wellbeing package for staff, morale and productivity will likely walk hand-in-hand.
And when it comes to retention, HBR says an appreciated employee is less likely to be looking elsewhere when it comes to work.
Build on the four key pillars
Focussing on the four key pillars of wellbeing can take your wellbeing approach to the next level.
As part of a roundtable discussion at the PARC Conference earlier this year, Zest’s Daniel Jeynes created a handy one-pager crammed full of wellbeing tips.
Be ready to listen to colleagues, look out for individuals who may be struggling and always stop to think about current practices and ways to develop/improve.
Get in touch with us and find out how to cram your wellbeing package full of the good bits. Click here and see how you can benefit.
In partnership with Zest
Zest is the next generation platform that’s reinventing the world of employee benefits.
