Corporate Wellness- Key To Success For An Organization
2020 presented a lot of issues— the isolation of working from home, the usage of words like “unprecedented times”, and the many mental anxieties that it caused to people all over the world, became the “new normal”. In the post-pandemic world, companies are beginning to feel the need to prioritize employee wellness, but haven’t exactly nailed the “how”.
So, let us try to understand the significance of employee wellness and how your organization can put into action the perfect employee wellness program.
What exactly does Employee Wellness mean?
In the pre-pandemic era, it meant a complete health coverage program, commuter benefits, bonuses, meal coupons, etc. But now, the scope of employee wellness includes something a lot more comprehensive and involved.
An employee wellness program, today, is a complete package—it involves your employees’ physical and mental fitness, and how they connect with their work environment, providing them extra support with their personal goals and achievements.
Building an employee wellness program involves a lot of time and resources. So, it makes sense to analyze the ROI before getting it underway.
The Great Resignation phenomenon, prompted by the shifting job market scenario towards the end of 2020, has driven organizations across the board to tackle employee needs better. Priorities have seen a change, and for hiring and retaining the right people, companies need to reassess what they have to offer besides monetary benefits. In this case, having a comprehensive employee wellness program is notably the most important benefit.
But businesses today already have a lot on their plates, and can not be expected to handle such programs with the right kind of attention. That is why, we have corporate wellness platform that help companies design a good employee wellness program, that suits the profile of their employees.
- It improves employee engagement
Employee engagement positively relates to employee wellness, i.e., a poor wellness program means very low engagement, which leads to a further decline in employee wellness. It leads to a vicious cycle of stress and absenteeism. Also, the other end of the rope holds true as well. A good employee wellness program means better employee engagement.
- Improves retention
Various companies with effective employee wellness programs have noticed a drop in their employee attrition rate after they started a wellness program—this has helped them save significantly on recruitment and onboarding costs.
The wellness program is a distinctive factor that makes the employees feel that the company sees them as more than just “resources”.
- Improves job satisfaction
When the employees are healthy and happy, they have a better mental and physical approach towards work, and this has a positive bearing on overall employee happiness.
- Better productivity
A clear, stress-free mindset, devoid of any distraction, has complete focus on their work, which can lead to drastic improvements for employees, personally as well as professionally.
The right employee wellness program can allow you to achieve all of this and more.
Wellness programs vary from one enterprise to another, but in the end, it is important to have one—it’s equally beneficial for both employees and the organization. This is the deciding factor that attracts better talent and retains good employees. Though a good employee wellness program isn’t easy to implement, it’s important to do so given that the benefits far outweigh the costs. Hence, while creating an employee wellness program, always onboard a corporate wellness platform after proper research.