Wellbeing

The Importance Of Well-Being At The Workplace

Well-being is about people feeling highly valued and supported in the job they do in their place of work. It’s also about their health, productivity and performance which can usually lead to good bottom line numbers for companies. Business organizations that are well-structured and well-managed generally play an essential role in the promotion of employees’ health and over-all well-being.  The benefits they bring result in the reduction of absenteeism and malingering illnesses and facilitates ease and speed of recovery and return to work after either a serious injury or illness. At its simplest definition, well-being is about personal happiness, feeling good and doing one’s job in a safe and healthy environment. Why Is Well-Being Important To A Company? Experts in the corporate world say the cost of replacement of employees who resign can go as high as one hundred fifty percent (150%) of the departing employee’s salary, given the collateral costs of recruitment, hiring and training. On the other hand, business organizations which have a workforce that is highly engaged can reduce employee turnover by eighty seven percent (87%). You don’t have to be a rocket engineer to figure out its impact not only on a company’s net profits, but on the productivity, culture and over-all output of the business, as well. And so, if you haven’t as yet taken employees’ well-being seriously in your company, now’s a good time. Work out a wellness program with a system that’ll increase productivity and bring in good figures for your company profits. Even more importantly, develop a wellness package for your staff that will result in over-all happiness and health. Here are 5 easy-to-implement guides your company can adopt to create a well-designed wellness program to, not only raise your employees’ engagement level but as well, build a pervasive, positive culture in the workplace. Link your program to the company’s strategic direction. Get this running parallel with your company’s vision and values. This way everybody wins. Make sure you have a yardstick to measure your ROI. Launching a wellness program will naturally entail some investments. Put it all together with specific objectives and how success is to be measured. Check your rate of absenteeism, cost of employees’ wages and your company’s engagement scores. They’ll serve as an index against which you can compare performance after the program has been put in place. Get your top management to buy into the idea of a sound and well-grounded well-being program. It never hurts to have the support of everybody, especially the head honchos you might have to run too should problems crop up. Work out some quick wins. Provide initiatives that will help your staff to quickly jump in and level up. Don’t forget to have fun! The subject of wellness and health doesn’t have to be boring. Make sure your message is intriguing, trendy and to the point. It should inspire a change in behavior of your guys. Inject some lightheartedness into it or even some fun from time to time. With something like this in place in your company, don’t be surprised to see your people with smiles on their faces Monday to Friday!

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Loving what you do… small steps

Can you picture Tiger Woods driving a heavy truck hauling cargo from the piers to their destination in the city’s warehouses? How about Meryl Streep? Do you see her counting dollar bills as a bank teller? Neither, I’ll bet, can you visualise Steven Spielberg as a used-car salesman convincing a prospect to buy that Toyota Camry. Along with a lot of other people, these three personalities : an excellent young , meticulous golfer, an accomplished, multi-awarded actress and a highly successful film director with the wild imagination of a 12 year old, all love what they do. They enjoy every aspect of the careers they’ve chosen to pursue and excel in, and presumably wouldn’t trade it for anything else. Fate has been good and generous to them – loving what they do and getting paid handsomely for it. The celebrity status, the fame and glamour that come with it are gravy for a remarkably delicious steak! Wouldn’t it be grand if we can all just do what we enjoy doing and get a hefty paycheck at the end of each month? Is there actual truth to what most commencement speakers tell a graduating class, “Do what you love. The money will follow,” ? Surely, it’s inspirational, but there aren’t any guarantees. You could pretty well go broke doing what you truly care about. The experts say desire is all important when you’re treading into the unknown. When you simply want to follow your passion and do what you enjoy doing, or at least pursue something that’ll lead you to what you love in order to do your best work, a certain degree of uncertainty revolves around it. Success isn’t a sure thing. It’s a make or break thing. Your strong desire though will push you to be more creative, more resourceful and help you go for the whole nine yards. So, what if I have the desire but am sure it won’t lead to anywhere that’ll bring in the money, should I still go for it? In a research study, “The Power of Small Wins” which ran in Harvard Business Review a few years back, it showed that people who progress everyday toward something they love, feel tremendously satisfied and fulfilled. And so to answer the question … Yes, go for it! But let’s qualify that. If chasing this thing you’re crazy about won’t enable you to bring food on the table or, it would keep you away from a college degree, then hold back. Don’t make any big bets on your desire. This does not mean though that you cannot work on your passion a little at a time, or start building blocks. Spending 15 minutes or half an hour a day on it will keep the embers burning. And you really should. Why? Because you could be wrong! Assuming doing what you love won’t bring in the greenbacks could ruin your whole life. So, take those small steps towards what you love doing. Who knows? You just might discover that this passion of yours is a treasure chest waiting to be opened.

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Happy people work harder!

Happier People Work Harder, Better Most of us, working adults spend a large part of our waking hours at work than any other place. Ideally therefore, business companies should make it a point to ennoble the human spirit and not degrade it and even in some extreme cases, kill it. For these businesses, it should not only be a moral obligation to foster and promote the well-being of its workers. Doing so also makes a lot of economic sense. A Previous Study Over the past decade close to twelve thousand (12,000) electronic diary entries from nearly three hundred (300) professionals in seen (7) different corporations were gathered to study a person’s state of mind everyday at the workplace. They were asked to describe one event that dominated their average working day. These responses then provided a basis for analyzing the latent perceptions, emotions, feelings and motivations that they experienced in response to what went on during their everyday work routine. These also gave an indication of what made sense to them. What The Study Says Two of the vital findings were: In thirty three percent (33%) of the twelve thousand entries, the respondents were unhappy and unmotivated, or both. Some had even claimed they were disgusted and frustrated. Their inner work life had a great impact on workers’ creativity, productivity, commitment and a general predisposition to work with the rest of the company’s employees. When they feel happy, theses guys are more likely to have new ideas and tend to be more engaged in their work. The finding was clear enough to show that workers perform a lot better when they are happily engaged in what they do everyday. What Can Managers Do? It makes practical sense for managers to help ensure that their people are happy and engaged in their jobs. It’s not expensive, since employees’ well-being depends largely on how they are able, and how willing they are to facilitate the accomplishments of their workers. This is generally done by providing his people with help, removing hindrances that tend to obstruct the smooth flow of work and by acknowledging specially strong efforts of his people. In the end, going by all the assessments and evaluation from the recent study, the one clear pattern that emerged was: of all events that engage people in their workplace, the most vital was simply making progress in meaningful work. In other words, as long as workers continue to experience their jobs as meaningful, there is progress, and this is usually followed by joy and excitement about the work. You as a responsible manager should recognize this to be the prime mover in building and establishing employee engagement in their jobs. What will make this happen are workers’ autonomy, ample resources and learning from problems. These are the essentials to a happier working group and a better business potential. The sooner you believe and accept this as part of your mission, the sooner you’ll build a happier employee base leading to higher productivity.

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