The evidence is mounting that suggests that maintaining a happy and healthy office isn’t just good for employees, but good for the business as a whole. Economists at the University of Warwick found that happiness is correlated with productivity – those considering themselves happy saw a 12 percent increase in productivity compared with those that were unhappy.
Increasingly, to help bolster this “happiness”, which seems to translate to overall success and sustainability of an organization, businesses are prioritizing employee well-being. After all, if employees are happy and well, it’s likely that customers will be too.
Corporate attitudes towards employee well-being are changing. Shifting age demographics and generational expectations mean that workers are demanding more and more from their employers in terms of overall support.
Traditionally though, “well-being” has been thought of in physical terms, with organizations prioritizing the physical health of their workforce. Kim Kivimaki, Director, Colleague Wellbeing at Aon explains that this is no longer the case, “well-being is more than just a focus on physical health. It’s an understanding that financial, emotional and social well-being is just as important.”
Physical well-being should be one of the most straightforward issues to address around workplace well-being. Prevention, after all, is better than cure, and workplaces are ideally positioned to act as front-line promoters of healthy lifestyles.
Psychological well-being is just as important as physical well-being when maintaining, healthy, happy and engaged workforces. And the opening up of conversation around mental health issues, particularly among millennials, means that employers should have a better insight into its prevalence and impact and how to devise approaches that help their employees get the help they need, should they need it.