When it comes to employee well-being, employers used to place a strong emphasis on health benefits. Nowadays, we understand that employee well-being encompasses much more than merely the absence of illness among employees in a given time period.
Employee well-being is concerned with improving the overall health of all employees. Physical well-being is important, but there are other aspects of well-being that must be considered when discussing persons or employees who are healthy and well-functioning. Not only health and physical well-being are important but well is noticed in many ways such as Emotional health. Financial health, Psychological well-being, and Social wellbeing.
In other words, employee well-being has broadened beyond the traditional perspective and now includes the provision of medical care to employees as a primary priority. Employers today are aware of a variety of factors that contribute to employee well-being and are actively seeking ways to make their staff happier and healthier.
Several factors explain why employee well-being is more important than ever.
The recent COVID-19 epidemic brought to light the impact that employee well-being has on their performance, and subsequently on the bottom line of the company’s financial performance. Employees were upset and frightened, and companies needed to discover ways to meet the growing need for empathy on the part of their workforce.
Psychologists have explicitly warned that quarantine might lead to a rise in disorders such as melancholy or even post-traumatic stress disorder (PTSD). As a result, many businesses began meticulously arranging their plans for returning to work following COVID-19’s implementation.
Employee well-being, on the other hand, has been becoming increasingly popular long before COVID-19. Examine why employee well-being is more vital now than ever before in the history of the company.
1. Decreased sick leave and medical expenditures
Companies realized that preventing employee difficulties like burnout, stress, and illness was more profitable than reacting to them after the fact.
Sedentism raises the risk of diabetes, hypertension, and other disorders. Employees who report frequent or constant workplace burnout are 63 percent more likely to call in sick. That means employee happiness is linked to absence and its cost to businesses.
Corporate wellness programs are becoming increasingly popular. Employee wellness programs vary in breadth and focus, but they are cost-effective for companies.
2. Engagement of employees
According to research, wellness programs help boost employee engagement. Employees feel more connected, healthier, and happier when a wellness program is established.
All of these variables increase employee engagement. Employee appreciation and good feedback procedures also influence employee engagement. When aiming to improve employee engagement, take a holistic approach.
3. Enhanced employee output
Smokers are twice as likely to miss work, and obese workers miss three to six more days than their non-smoking counterparts. Employees who can handle stress well are less susceptible to burnout. Employees are more focused on their work and productive when their well-being is optimized.
Employee well-being aims to improve everyone’s health. Employers today are aware of various aspects that affect employee happiness and are actively researching ways to make their employees happier, healthier, and more productive. Employee well-being has gained in importance in recent years. Some specialists believe that 19’s quarantine may increase problems like melancholy and PTSD.