Employee Wellbeing – The Secret to a Happy Workforce & Successful BusinessJuly 23, 2020
Categorised in: News
Over the last few years, the way in which candidates apply for jobs has changed. The pay packet is no longer necessarily the most attractive part of the vacancy. Benefits packages are becoming a more favoured part of what makes one role stand out from another, with wellbeing perks such as a discount portal, access to a 24/7 GP and a variety of resources for advice and support. But why are candidates so interested in companies that offer a specific focus on wellbeing driven packages?
What is employee wellbeing?
The textbook definition of wellbeing is how someone feels about various different aspects of their life, from their home life, health, relationships, jobs and other activities. It all comes down to whether they feel well and happy.
Workplace and employee wellbeing are along the same tracks. Not only does wellbeing at work focus on health and safety, but it also looks at improving the health levels of employees, taking into consideration physical and mental health. But, it’s much more than just this. It is about optimising the health of all employees, not just reducing absenteeism. Wellbeing now includes employee happiness, engagement and job satisfaction.
What can affect employee wellbeing?
There are a number of factors outside of an employer’s control that all contribute to wellbeing:
- personal and family issues
- health concerns
- home environment
- personal attributes and characteristics.
But there are also factors directly from the workplace that are within an employer’s control, such as:
- the amount of control and employee has over their work
- responsibility clarification
- task variety
- training and support
- career development and growth
- HR policies
- Workplace environment
- Relationships with colleagues/workplace culture
Why is employee wellbeing important and what are the benefits?
Many people spend a large proportion of their life at work, so it’s important that employers acknowledge and address the need to focus on employee wellbeing. Higher employee wellbeing can lead to:
- Lower stress in employees
- Positive work environments
- Increased employee engagement
- Improved work performance
- Job satisfaction
- Increased financial performance
Employers have the potential to have a significant impact on the wellbeing of their workers, but also have the power to influence the wellbeing of employees outside of the workplace too by offering a range of perks and benefits that focus on improving physical, mental and financial wellbeing.
By doing so, employers are driving their employees to become empowered, engaged and therefore more productive and committed. Good employee wellbeing has the power to transform and drive a business’s success, as well as boost company morale and job satisfaction.
How can Hive360 help increase your employee’s wellbeing?
Hive360 recognise that employee wellbeing is crucial to a successful business, which is why we are the ideal employment support partner to help improve employee wellbeing at your company. We manage your employment administration duties to improve your employee’s welfare and wellbeing.
We take the burden of financial and legislative responsibility including payroll, HR, training and pension auto-enrolment and provide exceptional support through our ground-breaking mobile employment app. Our Perks & Pay app gives your employees access to “My Personal Helpline” and “My Personal Doctor”, which enables staff to contact NHS approved GP’s and counsellors 24/7 for help with a wide range of health issues.
Don’t delay seeing what Hive360 can do to improve wellbeing in your workplace. If you would like to take steps to improve your employee recognition and wellbeing, then please get in touch using the contact form at the bottom of the page or call us on 0121 661 4851.
Book a demo today to see what this will look like in your business and the impacts it could have on your growth.