There has been a lot of discussion on the benefits of employee wellbeing in an organization. But is this something that is only confined to the boardrooms of big companies with massive HR teams, or can it also be implemented inside a small business?
The reality is that employee wellbeing is not something that is only limited to big companies and their fancy HR teams. Small businesses can benefit from these programs as much as big companies can.
Here we discuss some reasons why small businesses should focus on employee well-being in their workplace:
Performance at Work
Research has proven that higher rates of employee wellbeing directly correlate with a stronger and much-improved performance at work in many ways. Improving job satisfaction is a crucialpart of all employee wellbeing programs, and there is plenty of evidence to suggest that improved job satisfaction leads to quality work and higher productivity rates.
This point is often not discussed much, but employees that are part of a wellbeing program at work tend to be less sick and have lower absenteeism rates. This is because these employees are unlikely to fall ill and their recovery time is much better. Additionally, a wellbeing program takes out the chances of work-related stress and ensures that the employees are able to give their cent percent at work without feeling stressed out. These are all signs of good performance and better efficiency in the workplace.
Recruitment and Retention
Small businesses that aim to go big are always keen on retaining employees in the long run. They recognize the importance of having experienced pros in the place throughout the growth stage so that they can guide people forward.
Such wellbeing programs help promote the concept of retention because employees are less likely to leave an organization that is giving them such exemplary benefits. Additionally, focusing on employee wellbeing also influences more interest from candidates during the recruitment process. Word regarding company practices spreads like wildfire, and if you really do value employee wellbeing, you’ll have a big queue of fresh talent waiting to be hired. This would broaden the horizon for you in the recruitment process and make it better.
Disputes and Concerns
Staff and teams that are treated to an employee wellbeing program are less likely to be raising conflicts and disputes. There are lesser disputes in the workplace now, and people work together in better synergy. This is exactly what a small business requires while starting up.
Get in touch with JS Benefits Group to know more about an employee wellbeing program. You can set an appointment with us anytime by visiting our website.