Employee wellbeing matters
09 August 2022
Many organisations are focusing on wellbeing of their employees as they realise it can affect the organisation’s business performance and culture.
According to LinkedIn’s 2022 Global Talent Trend report there was a 147% increase in the share of job posts that mention “wellbeing” since 2019.
As the report highlights, in a tight job market, employers will have to continue to innovate their wellbeing and mental health offerings to lure and retain talent. In particular, Millennials (51%) and Generation Z (66%) stated they’d like to see more investment in mental health and wellness to improve company culture.
The pandemic has also increased the number of people working from home (WFH) and has blurred the boundaries of work and home putting pressure on organisations to have a more holistic approach to their employees that goes beyond work.
How can organisations make changes?
LinkedIn’s 2022 Global Talent Trend report shared these ideas on ways to improve wellbeing strategies at workplaces:
- Train managers to be empathetic leaders
- Make mental health services easily accessible
- Use people analytics to identify problems
- Turn your employees into mental health allies
What are organisations changing to improve their wellbeing strategies?
HR Daily recently shared some insights from three organisation on how they are going to the next level with their wellbeing strategies:
- Focusing on the ‘intangible culture’; Ebay shifted conversations meetings to include wellbeing and spend time talking on how people are doing: not business problems, not performance discussions, but how they’re doing.
- “People-centric” approach; Monday.com moved away from engagement as being a key HR metric and shifted its focus to wellbeing and created a more holistic offer in terms of employee wellness.
- Resilience; Lander & Rogers narrowed their focus to one key area that being resilience whilst broadening their program to encompass not only their employees but also the employee’s families, friends and clients.
If you haven’t reviewed your wellbeing strategies recently, now is the time to look at new ideas and take your strategies to the next level to attract and retain good employees.