How to Invest in Your Employees’ Well-being to Increase Productivity

by | Dec 14, 2022

When COVID hit, it challenged employees’ physical, social, and emotional well-being in ways nobody anticipated. During this unprecedented time, companies faced enormous workplace stress as employees adapted to changes in how they work—from working onsite to working from home.

“Employees with high well-being are more resilient during widespread or personal tough times.”

Companies with solid programs that promote wellness have been resilient despite these challenges and have shown growth even during the recession. This proves that having well-planned wellness programs is an excellent investment for your business.

 

Here are the top 4 reasons why businesses should take considerable care regarding their employees’ overall health and well-being:

Strong company culture. An effective wellness program instills positive health habits and behaviors among your employees.

Higher productivity. Happy, healthy, and engaged employees are more productive and reduce costs in a company. Employees with more positive experiences at work were “much more likely to report significantly higher levels of discretionary effort,” according to the Employee Experience Index, the workplace quality measuring tool developed by IBM and Globoforce.

Improved recruiting and employee retention. Companies that include wellness programs in their hiring package are more likely to attract new talents. However, employee turnover is one of the main problems of companies. Employees can quickly determine a ‘toxic’ work environment and take action. Investing in your employees improves employee retention.

Image credit: Neilpatel.com

In other words, investing in employees’ overall well-being means investing in your company’s growth and productivity. Here are some practical ways to support and improve employee well-being.

Work-Life Balance

91% of Filipino employees prioritize work-life balance. Maintaining a work-life balance helps reduce stress and prevents burnout. Employees who work a lot of overtime hours are at a high risk of burnout. When a person experiences burnout, they may have mood swings and may experience irritability and a decrease in work output.

 

Growth

By focusing on offering different platforms for your employees’ professional or career growth and development opportunities, you show that you care about them beyond their job.

 

Promote a positive work culture

Positive work culture leads to better employee health, reduces turnover, and improves job performance. A positive work culture encourages trust and support and boosts morale, respect, camaraderie, and accountability.

 

Invest in a Comprehensive Employee Benefits Program

When you invest in a comprehensive employee benefit program, it not only attracts new talents but also helps you retain the best ones. A comprehensive benefits program generally includes health and wellness benefits (medical, dental, vision, etc.), life insurance, loan assistance, sick leaves, vacation leaves, and flexible work arrangements.

Image credit: Frac.tl

Open Communication

How do you know the best ways to invest in employee well-being? Ask your employees. Conduct a survey and ask your employees their needs and how they feel about your XYZ program.

 

There are so many ways you can add to your existing company benefits to keep employees happy and satisfied. Making them feel they are appreciated and valued. Start implementing practices on how you can support your employees. Schedule a call with us (02) 8995 – 3577 and let us help you craft the best type of programs for your business and employees.

 

 

 

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