MENU

Tag: well-being


The high cost of poor health: The latest from Willis Towers Watson
by

The high cost of poor health: The latest from Willis Towers Watson

"The Willis Towers Watson Global Benefits Attitudes Survey (GBAS) survey takes an in-depth look at the role of benefits in defining and differentiating today’s employee value proposition.

Source: www.willistowerswatson.com

The high cost of poor health is just one of the many startling findings in Willis Towers Watson's biennial survey of over 31,000 global employees. In particular, when compared to employees in good health, those in poor health:

  • Take twice the number sick days
  • Are twice as likely to be disengaged
  • Three times more likely to report above-average or high stress

Employees with financial worries fare even worse than those with poor physical health. That's critical because financial well-being has taken a nose-dive in most developed countries.

  • In the U.S, short-term financial security dropped 13 percentage points between 2015 and 2017 (from 48% to 38% reporting they feel secure).
  • More than half of global employees live from paycheck to paycheck and report they'd be unable to come up with $2k if they suddenly needed it. 

In spite of all the attention employers are paying to health and well-being programs, less than a third of U.S., Canada, and EMEA employees feel the initiatives have helped them live healthier lives. 

The report suggests employers focus on:

  • Financial counseling, tools, and training
  • Flexibility and choice among well-being programs
  • Increasing employee engagement with programs

 


An answer to the question “What’s the ROI of Employee Well-Being?”  
by

An answer to the question “What’s the ROI of Employee Well-Being?”  

"Kate Lister breaks down the impact of the workplace on well-being and the steps to take to create a culture of well-being."

Source: workdesign.com

This article offers:

  • The financial impact of of poor health and well-being on productivity lost, reduced engagement, and turnover 
  • The cost of healthcare, absenteeism, and presenteeism for the top chronic diseases
  • A persuasive way to use a simple breakeven analysis to get your program funded
  • Simple steps to kick-start a workplace well-being initiative.


Being “authentic” at work increases job satisfaction, well-being and more
by

Being “authentic” at work increases job satisfaction, well-being and more

One study found that the greater employees’ feelings of authenticity are, the greater their job satisfaction, engagement, and self-reported performance. We suggest, then, that the crucial point is finding a balance so that we can be true to ourselves while flourishing and finding success within the company.

 

Source: hbr.org

The bottom line is employers should strive for a workplace culture that encourages employees to be their true selves.


The bottom line impact of how and where we work on wellness and well-being
by

The bottom line impact of how and where we work on wellness and well-being

Workplace Unplugged: A candid interview with Kate Lister, of Global Workplace Analytics, where she talks workplace wellness in facilities management.

Source: www.officespacesoftware.com

Employee well-being is THE key to economic sustainability. We need to stop focusing on the cost of employee space, the cost of healthcare, and a myriad of other things that are just the tip of the iceberg. If your people are not emotionally, physically, financially and socially WELL, they simply can not do their best work.