The workplace can be a stressful environment. From tight deadlines to demanding bosses, there are many things that can cause our stress levels to increase during the workday. When we’re stressed, it can have an impact on our physical and mental health. That’s why it’s important for employers to create a workplace that promotes wellbeing and health. Here are four reasons why wellbeing and health in the workplace is important.
Reduce Employee Turnover
When employees are happy and healthy, they’re more likely to stay with the company. According to a study by the Society for Human Resource Management, the average cost of losing an employee is about $4,000. Not only does this impact your bottom line, but it can also disrupt your workflow as you scramble to find a replacement. Promoting wellbeing and health in the workplace can help reduce employee turnover and save your business money in the long run.
According to a study by Gallup, companies that invest in their employees’ wellbeing see a 5% boost in productivity. When employees are physically and mentally healthy, they’re able to focus more on their work and be productive members of the team. Additionally, happy employees are more engaged in their work and feel like they have a stake in the success of the company. This leads to higher quality work overall.
Attract Top Talent
In today’s competitive job market, top talent is hard to come by. When candidates are looking for a new job, they’re not just considering salary and benefits; they’re also looking at the company culture. A workplace that promotes wellbeing and health is more attractive to top talent than one that doesn’t. If you want to attract the best candidates, you need to create a workplace that makes them want to come to work every day.
Create a Positive Workplace Culture
A positive workplace culture is essential for any business that wants to be successful. When employees feel like they are valued and their wellbeing is a priority, they’re more likely to be engaged in their work and motivated to do their best. Additionally, a positive workplace culture can lead to increased employee retention and higher levels of productivity.
Well being & health should never be considered a burden but an investment because if an organization’s most valuable resource is its people then it makes good business sense protect & nurture them however you can within reason & budget of course! insufficient resources devoted this area will undoubtedly have downstream effects on profitability via increased absenteeism presenteeism staff turnover decreased productivity.