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Positive Workplace: Understanding Its Impact on Employee Well-being

Achieving a quality life, in general, requires practicing positivity. This means looking at the brighter side of things and focusing on solutions rather than problems. After all, life isn’t all about sunshine and rainbows.

But did you know that promoting positivity is all the more necessary in business? A positive workplace offers tons of potential benefits to your company or organization. Specifically, it can positively affect your employees’ overall welfare.

Fret not; This page revolves around having a positive workplace for employee well-being. Specifically, learn more about:

  • What employee well-being is, including its components and importance;
  • The impact of a positive workplace on employee well-being; and,
  • How to promote a good working environment for your business.

Ready? Read on.

What Is Employee Well-being?

Employee well-being is a holistic state of the employees’ welfare in a company or organization. It’s more than just taking care of their health; It encompasses various facets of their well-being, whether physical, emotional, or social. The ultimate goal is to ensure they are always happy, healthy, and fulfilled in the workplace.

Here’s the catch, however: Only over one-third of employees worldwide thrive in the workplace. Gallup reported that almost 60% are actually struggling, while nearly 10% are already suffering.

So, how do you promote and improve employee well-being? Understand its vital components first. Read below.

Key components for fostering overall well-being

As cited, employee well-being isn’t strictly confined to physical health alone; Its key elements are multifold. So, when assessing your employees’ overall welfare, take a holistic approach. Consider the following components:

  • Physical health: Are your employees almost always healthy? This means they rarely take sick leaves and go absent from work.
  • Mental wellness: Are your employees anxious and depressed? You want to ensure they can focus on their job and concentrate at work.
  • Emotional well-being: Are your employees stressed and exhausted? The goal is to ensure they are happy and fulfilled in the workplace.  
  • Social well-being: Do your employees have good relationships with each other? You want to ensure they engage with others well and participate in various workplace activities.
  • Financial position: Are your employees satisfied with their compensation and benefits? This means they get paid fairly and reasonably with some perks and rewards for their hard work.
  • Career opportunity: Do your employees get promoted or end up resigning from work? Your goal is to provide them with more opportunities so they can stay in your company for good. A win-win for both parties!

Discover the potential benefits of promoting employee well-being below.

The importance of employee well-being

Poor employee well-being can take a hit on your business. Another Gallup report cites it can affect sickness and absenteeism, work performance, employee burnout, and even job resignation. The numbers don’t lie:

Tom Golubovich, Head of Marketing & Media Relations at Ninja Transfers, underscores the importance of promoting employee well-being for business success. 

Golubovich explains, “Employees are the most valuable stakeholders in your organization since they run your day-to-day operations. Holistically well workers can each contribute to your overall success. It goes without saying that you take care of your workers, so they will take good care of your company.”

Here’s why employee well-being is extremely important for your business:

  • Reduced workplace absenteeism: It’s easy to see sick employees go absent or stressed workers take personal time off (PTO). But if you promote health and well-being in the workplace, they will be healthy who are always ready to work and perform their jobs.  
  • Improved employee performance: Employees who are healthy and holistically well perform better at work. Not only are they able to go to work, but they are also motivated and productive. They always deliver quality work on time by going above and beyond what’s expected!
  • High employee and customer satisfaction: Businesses offering health and wellness programs boost employee morale. These workers will be more satisfied and fulfilled working for your company. And that can extend to your much-valued customers who get served better.
  • Increased employee retention rate: Companies or organizations with employee well-being initiatives will not only attract talent but can also keep these hired workers for good. These employees will love working for your business, knowing they are always taken care of.
  • Business profitability and growth: As explained above, employee well-being translates to good employee performance, increased work productivity, and high customer satisfaction. All these will help generate more profits for your company and grow your business.

In the next section, learn how a positive workplace can positively impact your employee well-being.

The Impact of a Positive Workplace on Employee Well-being

Companies are now seeing the importance of employee well-being. They have started incorporating this key concept into their organizations and implementing viable solutions. In fact, 87% of them have at least one initiative, while 83% have an actual strategy in place. That makes employee well-being their top priority in the next five years.

The proof is in the number—Look at the infographics below: