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5 Reasons Why You Should Prioritize Employee Wellness and Well-Being

Every year, companies and organizations around the world participate in Mental Health Awareness Month. Although it’s ideal for your company to contribute, the value eventually loses its meaning when you only join for the sake of compliance.

As a leader, it’s natural to wonder why you should prioritize employee wellness and well-being in the first place. How exactly does it affect your business’ success? This article highlights the importance of prioritizing your people’s holistic health in creating a more successful organization.

 

Holistic Employee Wellness and Well-Being

Employee well-being and wellness refer to your people’s overall state and satisfaction, including physical, mental, emotional, and spiritual health.

When companies create health policies for their people, they tend to focus on one specific aspect. Some companies focus more on wellness initiatives for physical health, while others center their program on mental support.

Although these initiatives contribute, it’s important to remember that one aspect of a person’s health can affect all the others. This is why holistic wellness and well-being should be your priority as a leader.

 

The Value of Wellness and Well-being

From a financial standpoint, it’s undeniable that wellness initiatives can become quite costly. Access to counseling services and wellness programs for your entire workforce can overwhelm employers. Some may even wonder if they need to be implemented.

If this crossed your mind, below are five reasons why you should prioritize the wellness and well-being of your people despite possible challenges:

 

1. Lower Absenteeism

While most absences are caused by physical illnesses like colds and injuries, taking sick leaves for one’s mental health is still a valid reason.

Gallup shows that there’s a stark difference between the rates of absenteeism between physically thriving individuals with poor mental health and those who are holistically healthy.1 Even in perfect physical conditions, the former tend to miss 68 percent more work each year, citing poor health as their main reason compared to those who are physically and mentally healthy.

This proves that complete and holistic employee well-being can help your organization lower absenteeism in the long run.

 

2. Improved Productivity

Employee well-being has a direct link to your workforce’s productivity. With wellness programs in place, you can help them clear their minds and maintain higher energy levels, which could directly affect their productivity and efficiency.

Employees who are free from health-related issues can focus more on their responsibilities and are more enthusiastic to finish their tasks. In another report, Gallup reports that employees with caring leaders are three times more likely to be engaged at work.2

 

3. Increased Morale

Aside from increased productivity, employees who are holistically healthy and engaged at work are 39 percent less likely to experience burnout.2 Further supported by employee mental health initiatives, employees who feel valued and cared for have significantly higher boosts of morale.

Confident employees tend to be more collaborative and creative when accomplishing their goals. They value both their career and the success of the business. Confidence boosted by morale can also translate to their willingness to learn from their mistakes and continuously develop their skills within your organization.

 

4. Higher Employee Retention Rates

More than compensation, professionals nowadays consider employee well-being initiatives as one of their top priorities. In fact, many are willing to seek out new employers when their current jobs are causing mental unrest.

Even when your people look physically healthy, they have a 32 percent chance of actively looking for a different job if they experience a poor quality of life at work.2 This fact makes it necessary for you as an employer to prioritize employee well-being to maintain a healthy and thriving workforce.

If you engage employees and create a work environment that fosters holistic health, you convince them to stay within your organization. This increases the retention rate as employees become motivated to continue their journey with you.

 

5.Enhance Employee Attraction

In the same Gallup survey, 63 percent of US workers claim that having positive well-being is essential when considering their career choices.2

Considering this, championing work-life balance and employee well-being is an excellent strategy to enhance your employer brand. Aside from making your organization more attractive to active and passive candidates, prioritizing employee health can also prompt your people to willingly advocate for your business.

Professionals who thrive in their physical, mental, and emotional health are five times more likely to advocate for their company. So, while you improve employee well-being, you’re also generating an organic stream of skilled candidates for your open roles.

 

How to Create a Healthy Workforce

Despite potential healthcare costs or implementation challenges, giving importance to employee wellness and well-being offers valuable benefits and advantages for your business.

So, in what ways can employers support employee wellness? You can do the following to ensure that your people are physically, mentally, and emotionally thriving—even beyond mental health awareness month.

 

1. Offer a Variety of Programs and Benefits

Although the goal is the same, each of your employees has their own needs and preferences when it comes to their health. For example, one may prefer weekly counseling to handle stress, while another may benefit more from an occasional mental health day.

To cater to each professional, offering various programs and benefits is essential. Take the time to consult with experts to find the best ways to help different types of people. It’s also important to remember to diversify your offer based on their needs.

By allowing them to take control, you also give them the flexibility to address their unique personal circumstances. Whether you offer fitness classes, stress management workshops, or additional paid time off, remember that the goal is to help your people—so it won’t matter much if their benefits differ.

 

2. Create a Supportive Company Culture

Health benefits can aid in improving a person’s well-being, but it’s vital to consider other factors like the environment and culture in which they take part daily.

Typically, employees spend 40 hours of their week in offices. Even in remote or hybrid work, they are still immersed in the culture you created. So, to highlight the importance of personal health, you need to establish a culture of support. You can do the following:

  • Promote open communication.
  • Advocate for health-related discussions between teams.
  • Recognize achievements and celebrate them with a simple acknowledgment.

Aim to create a community where employees can make mistakes, ask questions, and learn from their shortcomings. This will reduce work-related stress and foster an open culture that prioritizes learning and development.

 

3. Lead by Example

Wellness and well-being have recently become common terms at work. So, some people might think you’re simply joining the trend or doing it because it’s mental health awareness month.

To show your commitment, actively participate in the initiatives and ideas you want to cultivate. Consider starting conversations about health and being open to various concerns. This also means prioritizing your own health and well-being. If you really have to work overtime, this doesn’t mean your employees need to follow suit. Clearly communicate that rest and breaks are necessary at work and should not be neglected.

Aside from leading by example, it’s important to ensure that all organizational leaders are knowledgeable and supportive of holistic health. Train your managers to lead with empathy and compassion. Equip them with skills they’ll need to support the people they handle.

 

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Here at Corporate Job Bank, we help you match with the best people who’ll help your business thrive.

With over 50,000 happily placed employees, we understand what professionals need to thrive. Through our people’s expertise and experiences, we have the best strategies and techniques to build a strong and healthy workforce for your projects and programs.

Contact us today to learn more!

 

References

Pendell, Ryan. “Wellness Vs. Wellbeing: What’s the Difference?” Gallup, 22 Mar. 2021, www.gallup.com/workplace/340202/wellness-wellbeing-difference.aspx.

“What Is Employee Wellbeing? And Why Does It Matter?” Gallup, Mar. 2024, www.gallup.com/workplace/404105/importance-of-employee-wellbeing.aspx.aspx.

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