3 Reasons Employee Wellbeing Matters

Wellbeing is the state of being comfortable, healthy, or happy – a concept that was previously not associated with work. Slowly people’s expectations of what a job should provide them has increased and this shift has been accelerated by 2020 pandemic. Employees are now expecting that their job provide them with a sense of wellbeing. Employee wellbeing not only benefits the individual but the company.

The top 3 reasons that company leaders should take note of employee wellbeing are:

1.????Improve engagement

Employee engagement is the extent to which employees feel enthusiastic about their jobs, are committed to the organization, and put discretionary effort into their work. Engaged employees look at the whole of the company and understand their purpose, where, and how they fit in. This leads to better decision-making. Organizations with an engaged workforce outperform their competition. They have a higher profit and recover more quickly after recessions and financial setbacks. Engagement is a key differentiator when it comes to why some companies succeed and other’s fail.

2.????Team Motivation

42% of workers claim that adverse health conditions affected their output in the workplace. Naturally if a person is worried about their mental or physical health, they will find it challenging to come into work optimistic, enthusiastic and motivated to collaborate with their teams. For this reason, when a person’s career encourages them to receive and seek proper care and goes a step further to provide that care for them it gives the person the ability to bring their best selves to work. When your team is made up of people who are feeling great, their output is improved, and they are much more motivated to work and lift other’s up!

3.????Productivity

A lack of wellbeing is not the goal of any company, often it is the result of proper leadership training. Inexperienced managers create culture where well-being is neglected because they’re focused on maximizing productivity. This is a short-sighted approach that often has the reverse effect. When management becomes unilaterally focused on results and perceived productivity (i.e., always being at a desk) they overlook things like prioritizing their employees mental and physical health as well as creating an environment for free thought and collaboration to form, that create valuable output. A work culture that discourages well-being will inhibit employee performance, regardless of whether the culture was created deliberately. The results are the same, regardless of intent: Employees are disengaged and productivity decreases.

Employee wellbeing is imperative if you are interested in accelerating your company to the next level. Regardless of what industry you are in, if your employees lack physical and emotional wellbeing they will not be engaged, motivated or productive – leaving your company falling short. To start a wellness strategy for your company a great place to begin is training your leadership teams in concepts of emotional intelligence. Emotional Intelligence is an evidence based behavioral strategy that gives people a set of practical skills that they can apply to their daily social interactions and offer them a way of understanding and leveraging their emotions and those of others. BlueEQ is the global leader in emotional intelligence assessments and training. They provide their users with a practical, systematic approach to enacting change within companies and alter the company culture to maximize business impact. BlueEQ for more information on how to get started on promoting employee wellbeing in your company today.

Summary

Wellbeing is becoming more important to the employee experience. With mental health and social wellbeing being pulled to the forefront of workplace culture in relation to job satisfaction it's imperative to have a substantial employee wellbeing strategy focused on overall wellbeing to ensure employee retention. Wellbeing initiatives and workplace training that focus on emotional intelligence are shown to lower staff turnover, increase employee mental wellbeing and decrease burnout. BlueEQ is the global leader in emotional intelligence and has helped leaders from across the world make lasting change within their companies. Employers who encourage employees to take advantage of employee wellness programs see an increase in employee engagement, motivation and productivity, resulting in higher business impact.?