Benchmarks & Trends, Employee Experience, Employee Well-being
By creating a climate of mental support, purpose, financial health, and meaningful connections, business leaders can provide a foundation for positive employee well-being that allows employees to flourish.
Office gyms and meditation breaks are nice, but employee well-being is much more complex than physical fitness and mindfulness.
What is employee well-being?
Employee well-being represents a person's physical, mental, and emotional health at work. It’s also one of the driving components of workplace productivity.
It takes into consideration factors such as employees’ resilience, stress levels, work-life balance, and job satisfaction.
Why is employee well-being important?
Employee well-being suffers when employees are not satisfied with their workplace. This can lead to serious consequences for the business, such as difficulty retaining top talent, decreased productivity, and a decline in overall company morale.
To keep employee well-being at a high level, it’s important to:
- Provide mental and emotional support
- Foster a sense of purpose
- Create a trusting and respectful environment
- Have fair compensation policies
- Encourage meaningful connections and psychological safety
5 elements of employee well-being
Great Place To Work® partnered with researchers at Johns Hopkins University in a special study to determine the true sources of employee well-being.
We surveyed over 14,000 people from 37 countries to better understand trends in the average worker’s day-to-day experiences of well-being and their workplace. Employee experience is influenced by many factors, but five elements are key to creating the climate necessary for positive employee well-being:
1. Mental & emotional support
This relates to the feelings and experiences that build and sustain positive mental energy. When employees have good mental and emotional support, they are more likely to have what psychologists call “positive attribution” or “optimistic attribution” style.
Positive attribution can build optimism, energy, hope, and confidence in people, which creates what is known as psychological capital.
Positive mental energy can greatly influence an individual’s outlook and perception of their surroundings or workplace. An individual who experiences strong mental and emotional support can better manage workplace stress and anxiety.
2. Sense of purpose
A sense of purpose comes from experiencing three things at work:
- Fulfillment
- Meaning
- Progress
Having a strong sense of purpose has been linked to higher resilience and more favorable views of employers.
Aligning an individual’s role with the organization’s mission, or identifying tasks as critical, can foster a higher sense of purpose or fulfillment.
3. Personal support
Working with others—especially managers—who create a safe, trusting, and respectful atmosphere can be an important predictor of employee well-being.
Employees with high levels of workplace flexibility and job control, as well as the resources to accomplish their goals, have evidence of personal support.
Managers can also demonstrate support through employee development and career growth opportunities.
4. Financial health
When employees lack adequate financial resources, anxiety and fear can affect their outlook.
While some might argue that people are never satisfied with their compensation, it is important that companies prioritize financial wellness for their employees so they can earn enough to feel financially stable and capable of living freely.
Financial dissatisfaction can also arise when there is inequity in a workplace’s compensation practices. This highlights the importance of equal pay and promotion practices.
5. Meaningful connections
Supportive social relationships can be associated with lower stress levels. Having meaningful and caring relationships with co-workers and leaders is an integral part of the work experience, especially when they support personal needs.
An environment of equity and inclusion is also necessary to create psychological safety and teamwork, which can foster a sense of belonging.
There is a growing urgency to address employee well-being because of how it will impact the future workplace. By focusing on one or more of these areas, your company can build toward a healthier workplace and better employee retention.
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