The Importance of Holistic Wellbeing for Employee Retention and Productivity

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As employees increasingly seek workplaces that prioritise their holistic wellbeing, companies that invest in these initiatives will likely see improved recruitment, retention and overall performance.

  • Wellbeing Beyond the Basics: Employees today have a broader, more holistic view of wellbeing that includes not just physical and mental health, but also emotional, financial, social, intellectual, spiritual and environmental aspects.
  • Employee Expectations: 83% of employees would consider leaving their current employer due to insufficient focus on wellbeing. Additionally, 89% would only consider working for companies that prioritise employee wellbeing.
  • Comprehensive Wellbeing Programmes: Organisations that offer a variety of wellbeing resources across all dimensions, with flexibility to use them when it suits employees, see significant benefits. These programmes lead to improved employee productivity and lower healthcare costs.
  • Opportunity for HR Leaders: Despite these demands, over half of employees feel their employers are not providing enough focus on wellbeing. This gap presents an opportunity for HR teams to create robust wellbeing programmes that can boost attraction and retention.
  • ROI From Wellbeing Programmes: Companies that invest in wellbeing initiatives see a strong return on investment, with 95% of leaders tracking ROI reporting positive outcomes. Over half of them report returns of more than 100%, meaning their investment yields at least double the initial cost.
  • Wellbeing as a Must-Have: Wellbeing programmes are no longer just seen as perks. In fact, they are essential for reducing stress, improving productivity and maintaining a competitive edge in attracting top talent.

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