Workplace wellbeing focuses on supporting and empowering employees to take care of their own health. Corporate well-being programmes are often perceived as just another employee benefit. However, in today's world, they are becoming an integral part of a business's success. We explore why businesses need to invest in wellbeing programmes and how they can support their workforce's wellbeing.
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What are employee wellbeing initiatives?
How your employee's wellbeing affects business
Recent studies on the state of work-life wellness by Wellhub explored the impact of employee wellbeing initiatives, surveying over 2,000 HR leaders around the world. They found that 90% of companies see a positive ROI for their wellness programmes, and 85% reported their wellness program helped to reduce the cost of recruitment and use of sick days. Every HR leader interviewed reported that wellbeing programmes were also vital in attracting and maintaining top talent in today's competitive business environment.
Why should you invest in workplace wellbeing Initiatives
Every day employees spend a significant amount of time at work and understanding how that can impact their day-to-day lives can have lasting effects on your business's future. When your employees are physically and mentally taken care of, they can focus on performing their best at work. Studies show that when businesses have wellbeing initiatives in place more than 9 in 10 workers feel more motivated at work. While 80% of employees who engage in wellbeing programmes feel they enjoy their work more.
Not only is wellbeing at work proven to impact your workforce's overall happiness but it is also reported to be considered as important as a salary when taking on a new role. If you're not convinced about how integral wellness is for your workforce here are some of the reported benefits wellness initiatives can have on workplace performance.
- Enhanced employee engagement and morale
- Reduced workplace stress and burnout
- Reduced absenteeism
- Improved employer reputation
- Contributes to a positive workplace culture
Key mindful wellbeing initiatives
Choosing the right mindful wellbeing initiatives will be significantly influenced by your company's culture, goals, and employee expectations. The most effective wellbeing initiatives are not solely focused on fitness; they should also include emotional and mental resources to support employees in various aspects of health. Some of the most popular mindful initiatives include:
Encouraging a healthy lifestyle
Having regular health initiatives in place to promote physical wellbeing, is a great way to get your employees adapting to healthy lifestyles, in and outside of work. Some of the simple methods to introduce physical health are, offering gym discounts, onsite fitness facilities, promoting healthy eating at work, or offering access to routine health screenings. All of this works to empower your workforce to look at their health and encourage a healthier way of living.
Providing access to mental health resources
The Expat Assistance Programme offers employees in your business confidential counselling and support for both work-related and personal issues. Empowering your employees with the tools to manage their personal challenges that might be affecting their performance at work. This is a straightforward yet effective way to ensure your workforce has access to the resources they need.
Implementing flexible work arrangements
Encourage your employees to manage their own working hours through flexible working arrangements. This approach promotes a healthy work-life balance, enabling your workforce to effectively manage their responsibilities both at home and in the office.
Encourage mindfulness practices
Mindfulness is proven to have a positive effect on mental health, reducing symptoms of stress, anxiety and depression. Providing your employees with the tools to engage in mindfulness practices can help them manage their own emotional health. This could be as simple as hosting meditation sessions, running mindfulness workshops, or yoga sessions at work.
Providing your workforce with international healthcare
Having international health insurance in place for your employees ensures they have access to quality health care wherever they are located. Prioritising international health insurance is a strategic investment in your workforce that can lead to enhanced loyalty, reduced turnover, and a stronger company culture. Speak to our business team today and find the right fit for your organisation’s insurance needs such as International Group Health Insurance with Allianz Partners.
