Workplace wellbeing and talent retention
Employee wellbeing is increasingly intertwined with employee experience, and employee experience is increasingly important to staff retention. It’s simple enough to see that making employee wellbeing a priority at your organisation is necessary to ensure that your organisation is putting itself in the strongest position possible to keep and attract talented professionals.
The mammoth increase in remote and hybrid working, as well as the essential adjustments for in-person working, have changed what workplace wellbeing means and what responses from employers are required. This change in work structure and a change in attitudes to work more broadly has significant implications for employee wellbeing, recruitment and staff retention. Existing benefits and wellbeing programs for most organisations likely need to be tweaked in order to address the current moment, appealing to workers’ desires and addressing challenges that have developed over the last two years.
In order to recalibrate effectively and efficiently, take some time to put a wellbeing plan together that captures the particular needs of your organisation. At Welbot, we put together a tool to help you in this process — simply complete the questionnaire to identify the areas of employee wellbeing in your organisation in which investment and attention is most needed.
When thinking about your organisation’s wellbeing offering, keep in mind that millions of workers are reconsidering how they want to spend their lives and where they want to devote their professional attention. A greater appetite for genuine work-life balance, a proliferation of mental health challenges, obstacles to social connection in the workplace, uncertainty regarding home finances and a slew of other factors should factor into your wellbeing programs. Maximising the value of your wellbeing benefits can go a long way towards retaining staff:
At a time of great societal upheaval and economic change, every organisation must respond in order to survive. Adjusting the benefits that you offer to your employees is only part of the equation in terms of securing staff retention and greater appeal in attracting new talent. Follow through and application of your company’s principles will separate you from the pack and resonate with employees. Investing in a culture of wellbeing and proving your dedication to supporting the happiness and wellbeing of your employees is undeniably a strong move in retaining and attracting the staff that make your organisation what it is.
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