Is wellbeing at work just a 'fad'?

For any business leader, employee wellbeing is crucial. Nowadays, it goes a lot further than striving to keep employees happy at work.

A wealth of research has highlighted the correlation between employee wellbeing and productivity indicating that happier and healthier employees are likely to outperform staff in those organisations who don’t promote positive health and wellbeing at work. So, there is a clear business case for tip-top employee wellbeing. But is this burgeoning shift to corporate wellbeing a fad or something that businesses should be investing in more permanently?

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Deloitte’s report Mental health and employers: Refreshing the case for investment indicated that promoting positive mental health is an aspect at work that should be prioritised in the long run. An analysis found that poor mental health can cost UK employers between £33billion and £42billion per year – so implementing support strategies from the very beginning can help stop poor mental health from escalating to a point where this will tug on a business’s resources.

While many firms may be put off by the perceived expense of employee wellbeing strategies, Deloitte’s research estimated that there is a promising return on investment (ROI) as a result of improved employee wellbeing. This is illustrated by the stats. For every pound that employers spend on workplace interventions, employers receive four pounds in return due to increased health, wellbeing and productivity. So, it seems that taking employee health and wellbeing seriously has huge benefits for business in the long run.