The Top 5 Benefits of Corporate Wellbeing Programs
Aug 31, 2023Fostering a workplace environment that prioritises employee wellbeing is paramount. Employee stress, burnout and absenteeism continues to be an issue for many organisations, whilst employees' expectations around wellbeing have changed – employees now prioritise wellbeing benefits and work-life balance over salary. Corporate wellbeing programs have emerged as a powerful tool to address these needs, but what else do they achieve?
What are Corporate Wellbeing Programs?
Corporate wellbeing programs, often referred to as workplace wellness programs, are comprehensive initiatives designed to enhance the overall health, happiness, and productivity of employees within an organisation. These programs encompass a wide range of activities, services, and resources that address various aspects of employees' physical, mental, and emotional wellbeing.
Corporate wellbeing programs go beyond traditional employee benefits like health insurance and gym memberships- they are proactive strategies that aim to create a supportive environment where employees can flourish both professionally and personally. These programs can include fitness and nutrition initiatives, stress management workshops, mental health resources, ergonomic assessments, team-building activities, and more.
Find out about Better Being’s award winning corporate wellbeing programs here!
The Benefits of Corporate Wellbeing Programs
1. Boosting Employee Engagement and Productivity
It's no secret that engaged employees are more productive and motivated. Corporate wellbeing programs play a pivotal role in fostering employee engagement by showing an organisations genuine care for its employees. Research by Gallup reveals that engaged employees are 21% more productive than their disengaged counterparts.
To enhance engagement, consider wellbeing programs that cater to the needs of the employees – it is not a ‘one size fits all approach’. Is a lack of sleep the issue? Do your employees struggle to make time for movement? A program that offers flexible options like virtual fitness classes or workshops on relevant topics can empower employees to make healthier choices and achieve a work-life balance. Internal promotion is also vital and should be communicated from the top-down – leaders and managers have a responsibility to not only participate but to advocate wellbeing initiatives.
2. Reducing Stress and Enhancing Mental Health
Employee stress remains at an all-time high, and the right corporate wellbeing program can be a powerful solution. According to a study published in the Annals of Occupational Environmental Medicine, employees who have access to comprehensive wellbeing programs experience lower stress levels and improved mental health.
Consider integrating initiatives such as meditation classes or workshops into your wellbeing program that educate employees on stress management techniques. Importantly, destigmatise conversations around mental health by organising educational sessions and providing resources for employees to seek help when needed. Ensure your wellbeing program encourages uptake of any Employee Assistance Program (EAP) services.
3. Enhancing Employee Retention and Attraction
In this competitive job market, attracting and retaining top talent is a constant challenge. Furthermore, the significance of health and wellbeing has been brought to the forefront by the COVID-19 pandemic, prompting organisations to make this a primary focus within their workplaces. As employees contend with stress, anxiety, and burnout, they are actively searching for companies that offer comprehensive wellbeing perks aimed at bolstering their mental, physical, and emotional wellness.
Corporate wellbeing programs can give an organisation a significant edge. A study by MetLife found that 62% of employees say benefits are a major reason they stay with their current employer. The adoption of wellbeing programs that not only create positive behaviour change in current employees, but also entice new employees, is an effective solution for businesses.
4. Boosting Physical Health and Wellbeing
A healthy employee is a happier and more productive employee. Well-designed corporate wellbeing programs include initiatives that promote physical health, leading to increased overall wellbeing. According to a study published in The Lancet, effective wellbeing programs have demonstrated improvements in in diet, body mass and cardiovascular health.
Better Being’s corporate wellbeing programs incorporate movement through our group exercise classes. Designed to be fun and engaging, we offer three core experiences that can be delivered virtually or face-to-face, by our team of qualified professionals.
To read more about our programs download our Client Success Stories!
5. Fostering a Positive Work Culture
A strong organisational culture is the backbone of any successful company. Corporate wellbeing programs play a crucial role in nurturing a positive work culture by promoting inclusivity and support.
Embedding mindfulness sessions and stress management resources into your wellbeing program sends a powerful message – that your organisation prioritises the mental and emotional wellbeing of your staff. This leads to reduced stress levels, improved morale, and a workplace where individuals feel safe to share their concerns and triumphs. The result? A positive feedback loop where employees support one another, boosting morale and fostering a culture of mutual respect and empowerment.