In many organizations, health and wellness may not be the primary focus for management, as they could be driven by the growth of the company and be more focused on the bottom line.
However, with the current situation of the COVID-19 pandemic, the well-being of employees in the workplace is more important than ever before.
Being concerned about the well-being of your employees, and having a wellness scheme in place for the organization, or even via well-planned initiatives, can go a long way in improving the physical and mental health of employees and promoting a culture of wellness within the organization.
In this post, we’ll discuss 3 reasons why women business owners should make workplace wellness a priority:
It goes without saying that unhealthy or unhappy employees can directly impact productivity levels. On the contrary, if the staff are in optimal health, both physically and mentally, they are more likely to finish a task assigned to them in a shorter duration, which increases their efficiency and the overall productivity of the team. Moreover, a healthy team will save HR both time and money, in recruiting and training new staff to cover the time lost by sick employees.
Setting up a health and wellness initiative can take work, but it pays off. Companies who only focus on the bottom line, and fail to see the direct link between workforce well-being and productivity will lose out in the long-run.
Even though the primary objective of any health and wellness initiative is to have healthy and happy staff, the other advantage that is directly achieved is cost savings. This is owing to the fact that staff absenteeism due to illness will directly cost the organization both time and money.
Once a successful health and wellness initiative is implemented, it will directly lead to cost-saving, since the employees will be less likely to miss work.
Additionally, money will also be saved by decreasing the need of replacing employees frequently. This is because healthy employees are happier and are more likely to serve the organization for a longer duration.
Therefore, by incorporating workplace well-being as part of their strategic planning, business owners can experience long-term cost-saving benefits.
Focusing on health and wellness can put a positive spin on the organization’s reputation — both inside and outside of the office. It helps not only in promoting the company during public relations occasions but also adds to the corporate culture, thereby increasing employee retention and talent acquisition.
Sure, wellness initiatives are a valuable perk for those within the company, but these practices also help to attract talented people in spreading the word about your firm being a “caring employer,” which is beneficial for your brand and your business.
Do you have a corporate wellness plan in place? How is your firm supporting employees during Covid-19? Let us know in the comments below.