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Why employee wellbeing is important for employment

16 July 2024

Employee wellbeing has transitioned from being a nice-to-have perk to a vital benefit for attracting top employees. Prioritising the health and happiness of employees is both an ethical responsibility and a key to achieving sustainable success. Are you doing enough to attract top talent?

1. Enhanced Productivity and Performance

Wellbeing programmes can significantly boost employee productivity. When employees feel good physically, mentally, and emotionally, they are more engaged, motivated, and capable of performing at their best. According to a study by the University of Oxford, workers are 13% more productive when happy. This productivity boost can translate into substantial business gains.

2. Reduced Absenteeism and Presenteeism

Investing in employee wellbeing can lead to reduced absenteeism and presenteeism. Absenteeism refers to frequent, often unplanned absences from work, which can disrupt workflow and decrease productivity. Presenteeism, on the other hand, occurs when employees are physically present but not fully engaged or productive due to health issues. By fostering a healthy work environment, employers can minimise these issues, ensuring a more reliable and effective workforce.

3. Improved Employee Retention

High turnover rates can be costly and disruptive. Employees who feel valued and cared for are more likely to stay with an organisation. Wellbeing programmes that address work-life balance, stress management, and personal development can create a loyal workforce, reducing the costs associated with recruiting, hiring, and training new employees.

4. Attraction of Top Talent

In today’s job market, top talent looks for employers who prioritise their employees' health and wellbeing. Offering robust wellbeing programmes can make a company more attractive to potential hires. This not only helps in www.amrl.co.uk but also enhances the company's reputation as a great place to work.

5. Enhanced Company Culture

A focus on wellbeing fosters a positive company culture. When employees feel their employer genuinely cares about their wellbeing, it creates a sense of community and mutual respect. This positive culture can improve teamwork, communication, and overall job satisfaction, making the workplace more harmonious and productive.

6. Financial Savings

Though implementing wellbeing programmes requires an initial investment, the long-term financial savings are significant. The reduction in absenteeism, presenteeism, and turnover rates contributes to considerable cost savings.

7. Legal and Ethical Responsibilities

Employers have a legal and ethical responsibility to ensure a safe and healthy work environment. Neglecting employee wellbeing can lead to legal repercussions, especially if workplace conditions contribute to health issues. By proactively addressing wellbeing, employers can avoid legal troubles and foster a more responsible and ethical business environment.

8. Innovation and Creativity

A healthy, happy workforce is more likely to be innovative and creative. When employees are not bogged down by stress or health issues, they can think more clearly and contribute more effectively. This creative edge can be a significant competitive advantage in any industry.

At Anna Maher Recruitment, we see first-hand how prioritising employee wellbeing is a win-win for both employees and employers. It enhances productivity, reduces costs, improves retention, and creates a positive company culture.

For more information on how Anna Maher Recruitment can help you find the right person for your company, contact us today at 07715454545 or visit our website at www.amrl.co.uk.

 

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