The Rise of Employee Wellness Programs to Build Organizational Resilience
Activ8 Training & Development
Experiential Learning & Development, Digital Training Solutions Provider, Leadership Development Experts
In the modern economy, employee retention is a topic at the forefront of many business leaders. "How do I retain my top talent and prevent my competitors from snatching them up?" is a common question, and rightfully so.
With employee turnover rates growing by the quarter as employees constantly jump from one organization to the next, for reasons such as better pay, employee benefits, and work-life balance, leadership teams are scrambling to figure out a solution to this.
With archaic recruitment processes that cost organizations a fortune every year and a lack of attention on how best to develop their human capital, companies have begun to realize how they can tackle this new challenge - employee well-being.
In our experience across the last couple of years, organizations in Pakistan have begun rolling out employee wellness programs and initiatives to help keep them engaged, focusing on how best to cater to them and their needs, which has had a tremendously positive impact on how employees perceive their employers, how they are supporting them, and the organization as a whole.
According to the 2022 Employee Wellness Industry Trends Report by Wellable Labs, 76% of organizations worldwide have begun investing heavily in stress management and resilience-building resources for their employees, all of which contribute to the positive growth in employees' professional and personal lives.
With increased employee engagement, boost productivity, and employee longevity, organisations are learning how to tackle modern-day challenges with modern, up-to-date solutions that can keep up with the demands & expectations of the new age of professionals.
What initiatives and programs has your organization implemented for its employees? Have they been effective in enhancing employee retention, boosting engagement, and improving overall job satisfaction? Let us know!
Wellable Labs Report: https://www.wellable.co/resources/employee-wellness-industry-trends-reports/2022/
Sajid Hussain
Consultant | Activ8