Organizational ethic has progressed over the past few decades. We’ve moved away from more archaic systems of working to those which offer more room for the wellbeing of those doing the work – the employees!
Among organizational paradigms that have evolved, how we view employee health is one of them. Once source elaborates on employee health trends in 2019 which include financial care, prioritization of self-care, an effort to mitigate burnout and more medical privileges among others.
Despite all this, there are still many company owners, usually Boomers and sometimes Generation Xers, who feel that employee health benefits are a privilege that does not take precedent. The opposite is true.
Respectable Organizations and Employee Health Benefits
Our HR consulting firm in Pennsylvania offers clients outsourcing services for numerous HR functions. One of the areas we specialize in is employee health benefits. Given that this is one of our areas of expertise, we’re aware of what impact a lack of the right employee health benefit plans and policies can have on a company.
We’re going to elaborate on the correlation between organizational reputation or image, productivity and employee health benefits.
How You Come off to Potential Employees
Where twenty or thirty years ago, people would not think too much about working for long hours with little or no regard to personal wellbeing, times are different. Most of the working population comes from the millennial generation. These professionals are as particular about personal wellbeing as they are about organizational success.
If you don’t have attractive and useful employee health and wellness plans and benefits, you’re not going to attract the quality of employee that will help your business thrive. Most qualified and competent applicants will appy to companies where health benefits are more to their favor. Needless to say, the number of such companies is increasing by the minute.
In other words, cutting back when it comes to employee health benefits means you attract applicants that are not quite on the level that would benefit you.
Internal Organizational Dynamics
Given your employee health benefits are not up to par, the quality of the workforce you hire is not the only thing that will suffer.
A lack of employee health care on the part of the organization can lead to a seriously negative inner dynamic. If you don’t care for your employees, chances are they won’t care much for you. If your health and other employee benefits are lacking, chances are most of your workforce will simply do the bare minimum.
The work environment will be high stress and will often turn toxic. Finally, retention will be difficult as people will leave you for better employers. This means, even employees you have invested in and have grown with you will eventually move on leaving you at square one – the hiring phase.
Such internal organizational dynamics are detrimental to productivity. Further, ex-employees will likely talk about their experience preventing other skilled professionals from joining you.
How the Two Form Your Reputation and Standing
If you combine the fact that your employee quality is compromised from the get-go and that your internal organizational environment is non-efficient and non-conducive to growth, what does that say?
It says, your organization is not worth working for. In extreme cases, such a reputation may spread to a point where even your business partners won’t want to do business with you. Keeping all this in mind, it might help to rethink your stand on employee health benefits!
In Conclusion
Remember, if you look after your employees, create a healthy work environment and make sure that employee health is a priority, you’re not just making people happy – you’re raising productivity! Better health benefits mean better hires and a healthier work environment. Both these things increase organizational productivity exponentially. Further, they put you on the map as a company worth working for.
If you want to learn more about employee health benefits and how they may be implemented in an efficient manner, we’re here and at your service!
