5 Wellbeing Trends that Companies are Adopting

For many years, businesses have faced the challenge of renovating themselves to improve the output of their employees. However, a few years back, the pandemic, the visibility of mental illnesses, and the preoccupation with integrative health put into crisis the expectations that employees have of their employers, which is how wellbeing came about.

What is Wellbeing?

A few years ago, wellbeing began to spread as one of the upcoming corporate trends However, not many understand its full meaning and take it for its surface definition.

Upon a deeper analysis of the term, wellbeing implies a satisfactory state of ease in people, on a physical and mental level. That is to say, it is to be well in an environment. In the workplace, one of the most popular places where the term is used, it is referred to as "corporate wellbeing".

Collaborators of a business can reach a state of wellbeing when corporations take care and tend to the mental, physical and emotional health of their employees. Fortunately, every year the number of companies that are interested in the wellbeing of their employees increases.

By incorporating wellbeing, businesses seek to improve their relationship with their collaborators, motivate them, and in this way, improve individual and corporate productivity. This is explained by the benefits that wellbeing has on employees, for example:

• Regulation through self-awareness

• Encouragement of collaboration

• Better interpersonal relationships between team members

• Incorporation of technology to keep and optimize the health and mental wellbeing of employees

By incorporating wellbeing, corporations obtain the following benefits:

✔️ An estimated 35% increase in the product quality rate

✔️ Increase in employee creativity to resolve problems

✔️ Better employee attendance

✔️ Increased commitment to the company

✔️ Reduction in the impact of work-related stress in the workplace, as well as in team dynamics and results

✔️ Better company image

How can Companies Incorporate Wellbeing?

We all know that the more comfortable an employee is in their position, the better their productivity and efficiency will be. The next step is to incorporate wellbeing as a corporate policy. This should be through a set of steps:

1️⃣ Show an interest in the physical, personal, and group wellbeing of collaborators, not only by minimizing risk but also by improving their health.

2️⃣ Verify and reduce or eliminate stress or anxiety through programs of emotional wellbeing.

3️⃣ Encourage the implementation of a healthy menu in the dining area, and access to natural and healthy products.

4️⃣ Promote conflict resolution in the workplace and find the best way to execute tasks without reducing productivity.

5️⃣ Organize the workload so that the employees can carry it out both in person or remotely.

To incorporate these wellbeing strategies, specialists suggest progressively incorporating them into the workplace dynamic on three levels:

🔎 Employee: the employee sets their own boundaries and asks for things that they consider can contribute to their wellbeing.

🔎 Team: conceived as the sum of individuals and from a place of respect for the needs of the group.

🔎 Organization: responsible for implementing strategies to take care of its collaborators.

5 Corporate Wellbeing Trends

The visibility of mental illness and emotional disorders in the last few years has deeply impacted culture and emerging trends. One of the most important topics is wellbeing in the workplace.

There is a growing interest in offering wellbeing benefits as part of companies' recruiting and staff retention strategy, as well as to mitigate the impact of the alarming data about work-related stress and burnout. These are the 5 corporate wellbeing trends that are popular today:

🖇️ Creation of Health and Wellbeing Divisions:

Many businesses have created new divisions in the area of Human Resources and the trend will continue. Positions such as "Leading Manager in Health and Wellbeing", that aim at creating policies that allow the development of strategies centered on the health and wellbeing of employees already exist.

🖇️ Digital Health Technology Oriented Towards Prevention

According to the “Wellbeing at work survey”, 66% of businesses see their wellbeing programs as a way to improve the engagement of their employees. However, there is a low participation level and little use of the benefits offered to employees. Only 24% of companies state a participation level of over 50%.

🖇️ Big Data to Encourage Employee Wellbeing

Big Data allows predictions to be made and, in the workplace, the different data generated by the employees themselves can answer questions such as the invoice volume of each employee, the loss that rotation generates, or the probability that an employee will quit in the next year.

These statistics have allowed new action plans and decision-making concerning measures to reduce absenteeism or to improve the culture and the sense of belonging of the employees.

The big challenge for HR departments is to have the capacity to incorporate a structured data recollection that serves to manage the experience of employees on a greater scale and in a more personalized way than has been done in previous years.

🖇️ Document and Trace a Strategic Health and Wellbeing Plan

Human Resources areas should become more familiar with the fact that the trends in their departments in the next year will revolve around incorporating new documentation and traceability processes about their health and wellbeing strategies.

🖇️ Integrative Wellbeing: The End of Short-term Fixes

Up to now, companies have incorporated benefits that covered urgent needs and risks by "sectors", without considering that wellbeing has an integral element to it, that is to say, that it is made up of different aspects: emotional, physical, financial, professional, social, of the community, and of the environment.

Trends point towards the implementation of systems that order the data about benefits and resources that are allocated to employees annually. This is very useful to weigh if the proposal that is offered to employees is aligned with their needs.

If you would like to find more information about wellbeing and techniques to achieve it, download the Hakuna App for free and take a break.