Why employers need to prioritise wellbeing

• March 13, 2024
• Kayley Wilson
• no comments

Menopause training and support is fast becoming an essential part of workplace wellbeing strategies. Employers should recognise the need to prioritise workplace wellbeing for several important reasons:

1. Employee Productivity: A positive work environment fosters higher levels of productivity. When employees feel valued, supported, and mentally and physically healthy, they are more likely to perform better in their roles.
2. Employee Retention: Workplace wellbeing initiatives can contribute to higher employee retention rates. Employees who feel cared for and supported are more likely to stay with the company long-term, reducing turnover costs and ensuring continuity in operations.
3. Attracting Talent: Companies that prioritise workplace wellbeing often attract top talent. Potential employees are increasingly looking for organisations that prioritise their health and well-being, and a positive work environment can be a significant factor in attracting skilled professionals.
4. Cost Savings: Investing in workplace wellbeing can lead to cost savings in the long run. By promoting physical and mental health, companies can reduce absenteeism, presenteeism (employees being present at work but not fully productive due to health issues), and healthcare costs associated with preventable illnesses.
5. Employee Engagement: Wellbeing initiatives can increase employee engagement levels. Employees who feel their company cares about their wellbeing are more likely to be engaged, motivated, and committed to their work and the organisation’s goals.
6. Corporate Reputation: Prioritising workplace wellbeing can enhance a company’s reputation as a responsible and caring employer. This can improve relationships with customers, investors, and other stakeholders, leading to positive brand perception and increased business opportunities.
7. Legal and Ethical Obligations: Employers have a legal and ethical responsibility to provide a safe and healthy work environment for their employees. Prioritising workplace wellbeing demonstrates a commitment to fulfilling these obligations and upholding ethical standards.

Overall, prioritising workplace wellbeing is not only the right thing to do for employees’ sake but also beneficial for the company’s bottom line, reputation, and long-term success.