webinar recap: 3 fundamentals of successful employee wellbeing
By o.c. tanner in Insights and Webinars
How can leaders empower overall employee wellbeing in the workplace? What does truly holistic wellbeing look like? And how can initiatives drive wellbeing throughout an organization, so that a company can reap the benefits in store for employee satisfaction, productivity, and bottom-line results?
Our June webinar, led by Gary Beckstrand, the Vice President of the O.C. Tanner Institute, delivered answers to these questions and more through an informative review of recent industry research. The webinar focused on exploring insights from the O.C. Tanner Institute’s recent global study on employee wellbeing, what drives it, and its positive effects for employees, companies, and customers. The study’s findings highlighted the misconceptions current initiatives foster about wellbeing, and found that improved wellbeing does, in fact, have a large impact on the way employees work and the company’s bottom-line. With better wellbeing, teams become more productive, more collaborative, and better prepared to innovate—and those effects resonate from individuals throughout an entire organization.
In reviewing the research, Beckstrand explained that our current employee wellness programs often focus primarily on physical health as an attribute of wellness. And while physical wellness does play a role, true wellbeing is a trifecta: a combination of the social, mental, and physical wellness of a person. This is one of the reasons that current initiatives often struggle to empower true wellbeing. Understanding the three dimensions of wellness is the first step to building wellbeing initiatives that are truly effective. Physical wellness is made up of a combination of health habits, energy level, and physical fitness of employees. Social wellness is measured through employee work/life balance, relationships both outside and inside work, and the positivity employees feel. Mental wellness is a combination of fulfillment, low stress levels, and the rewards employees perceive go hand-in-hand with their work life.
In order to create a successful wellbeing program, leaders must understand and address each of these forms of wellness. But just addressing the three dimensions of wellbeing won’t ignite the ultimate results in a workforce. Culture change is also a key part of creating, sustaining, and retaining a wellbeing initiative that works. Beckstrand shared five steps you can take to improve your company culture in order to ignite positive changes in employee wellbeing—and being appreciative of great work, training managers and peers to express gratitude, and building a firm foundation for recognition are all great starting points.
A commitment to empowering wellbeing also pays dividends, the study found. Beckstrand shared many benefits of improved wellbeing, including longer tenured employees, more satisfied workers, better collaboration through teams, and employees reporting they are more prepared to innovate—all tremendous outcomes from a focused wellbeing initiative.
Companies that are willing to invest in all the components of employee wellbeing have a lot to look forward to. Benefits, genuine recognition, and a culture of appreciation will help your employees be holistically well and innovate, ideate, and drive value for your business and customers. To discover more insights, tune in to the full webinar recording.