Importance of Employee Wellbeing in HRM
Employee Wellbeing
Employee wellbeing is described as your employees' total mental, physical, emotional, and financial health. Various variables influence it, including their connections with coworkers, the decisions they make, and the tools and resources they have access to. Employee happiness is influenced by hours worked, compensation, and workplace safety.
Employee wellness should average out to a level that allows for a productive and healthy workplace, while it will vary from person to person. Employee happiness is influenced by a variety of things. Workplace stress stems from a variety of sources, including housing, health, and family. Employers, on the other hand, can admit they have little control over what happens after hours while still claiming responsibility for what they can do for their workers.
According to Alight's recent employee wellbeing study, less than half of U.S. employees had a good outlook on their overall health. Even as employees return to the office, there has been a significant drop in employee happiness from early 2020 to mid-2021.
Why Employee Wellbeing is important
Employers are responsible for providing the essential assistance and care for their employees' physical and mental health. Despite this, many companies still lack a focused wellness strategy. Employees can feel valued and supported at work with the help of a wellness strategy. It can also boost employee engagement and encourage teams across the firm to achieve their objectives.
The film and entertainment sector in the United States is a recent historical illustration of why it's critical to increase employee wellness. The International Alliance of Theatrical Stage Employees (IATSE), which represents a diverse group of technicians who work behind the scenes in film and television production, recently discussed going on strike to improve employee morale.
Inhumane working hours, insufficient rest, and inadequate remuneration are all harming employee health. In reality, many people are now speaking out about how a lack of concern and effort to enhance employee well-being is harming them personally.
Employee happiness is, without a doubt, a critical component of any company's success. Even if your business is smaller or in a different field, you may discover that there are several opportunities to improve the quality of life for everyone involved. Being proactive about employee well-being now can help save or enhance lives later.
advantages of employee wellbeing
Employees tend to perform better when they are in good health. This boosts productivity while also assisting employees in developing better habits. According to studies, cheerful workers are 13 percent more productive. Healthy and consistent work/life balance rules from management are an example of how employers can contribute to increased happiness. These behaviors also help to keep the business running smoothly, even during peak seasons.
Employee morale rises when their health and well-being are improved. As a result of having their needs satisfied, employees feel appreciated and capable.
"It's also about preventing wasted time due to absence, stress, and disease," as one corporate wellness program puts it. Many corporations are spending significantly more money on these concerns than on standard healthcare costs." Although high employee morale is the most essential advantage for businesses, mitigating difficulties like these is also critical.
Creating a plan to promote employee wellness can help you attract and keep qualified workers if you're hiring or plan to recruit in the coming year. For example, 38 percent of Gen Z job searchers rank a healthy work environment as the most important consideration in deciding where to work. Increased sick days and mental health services, for example, go a long way toward persuading top talent from this generation to apply.
Even if you aren't currently hiring, an employee wellness program might help you avoid losing excellent individuals in the future.
Many businesses have discovered the need of treating staff well in order to provide a positive client experience. It has been proven that having a happy and contented team improves the way clients feel as well.
As HR Zone points out, this is especially crucial in the aftermath of the epidemic, because many customer-facing staff have had to deal with high emotions and demands from people who have been stressed out by the pandemic for a long time. This, combined with safety measures that make it impossible to engage in the activities that most individuals use to de-stress, highlights the need of companies taking responsibility in this area.
References
Juniper, B., 2011. Defining employee wellbeing. Occupational Health & Wellbeing, 63(10), p.25.
This is one of the widely discussed topic in HRM. More productivity is the main advantage of employee well-being. Employee well-being boosts productivity and performance. When feeling well, employees display healthier behaviors and better decision-making. Higher employee morale: Employees feel more competent and valued when their needs are met at all levels, including physical, mental, and financial.Excellent article.
ReplyDeletePeople have experienced stress and anxiety as a result of remote employment, and they are still attempting to return to routine. This is why many businesses are focused on workplace wellness initiatives to assist employees in overcoming job stress. All the best.
ReplyDeletePromoting employee well-being at work can assist to establish a pleasant working environment by reducing stress, increasing employee happiness and engagement, and ultimately allowing employees to thrive.All the best
ReplyDeleteEmployee well-being at work may help to create a pleasant working environment by lowering stress, improving employee satisfaction and engagement, and helping people to thrive.
ReplyDeleteWell done.
As discussed, The goal of employee welfare is to help employees develop their personalities in order to create a better workforce. Welfare plans enable the organization to have a productive, healthy, loyal, and contented workforce. Good article.
ReplyDeleteAs you mentioned, Taking care of your employees’ health in the workplace is not only beneficial to them; it also creates an effective and efficient working environment that benefits the business.
ReplyDeleteGood companies all over the world have a safe work environment as a feature. Employees all want to know that they are safe and secure.
ReplyDeleteSafety in the workplace is a major concern. Employers should make certain that their workers work in a safe atmosphere.
The responsibility for workplace safety rests with management systems and business owners. Employers should encourage staff to follow safe procedures and use protective gear. Safety policies and activities should be encouraged.
As discussed,Good companies all over the world have a safe work environment as a feature. Employees all want to know that they are safe and secure.
ReplyDeleteSafety in the workplace is a major concern. Employers should make certain that their workers work in a safe atmosphere.
The responsibility for workplace safety rests with management systems and business owners. Employers should encourage staff to follow safe procedures and use protective gear. Safety policies and activities should be encouraged.
Good job Suresh
It is important to maintain optimal level of employee wellbeing. Employee wellbeing is not merely absence from illnesses among employees. It is optimizing the physical and mental health of the workforce. It is beneficial for employees as well as the organization. Reducing absenteeism, increasing employee engagement, more productivity, improved employee morale are some advantages of maintaining employee wellbeing. This blog clearly discusses the importance of employee wellbeing in HRM. Good article
ReplyDeleteEmployee wellbeing is directly impact on employee satisfaction and which is the ultimate expectation of any employee. Even organization will be benefited through maintaining high standard of employee wellbeing in long term aspect. You have identified the importance and advantages of employee wellbeing through this article.
ReplyDelete