In today’s fast-paced and demanding professional world, employee wellbeing is no longer just a buzzword; it’s an essential component of a thriving and sustainable workplace. Employers who recognise the significance of wellbeing among their teams not only contribute to a healthier, happier workforce but also reap numerous benefits for their organisation.

So why is workplace wellbeing of strategic importance and not just another nice to have?

Enhanced Productivity and Performance

One of the most compelling reasons to prioritise workplace wellbeing is its direct impact on productivity and performance. A healthy, well-rested, and mentally balanced employee is far more likely to be engaged and efficient in their tasks. When employees feel physically and mentally well, they’re better equipped to focus on their work, make informed decisions, and handle challenging situations effectively.

Studies consistently show a positive correlation between employee wellbeing and productivity. A recent study by a consortium of universities found that increased mental wellbeing led to a reduction in productivity losses. Bearing in mind that mental health problems cost the UK economy at least £118 billion a year findings like this have to be taken seriously. Here’s a link to the research and very interesting article 

Reduced Absenteeism and Turnover

Wellbeing initiatives can significantly reduce absenteeism and employee turnover. When employees feel supported in their physical and mental health, they’re less likely to call in sick due to stress-related illnesses or burnout. Moreover, a workplace that actively promotes wellbeing becomes a magnet for top talent, making it easier to attract and retain skilled professionals.

By addressing the root causes of workplace stress and providing resources for employees to manage it effectively, organizations create an environment where people want to stay and grow in their careers.

Improved Mental Health

Mental health is a critical component of overall wellbeing, and its importance cannot be overstated. Stress, anxiety, and depression are prevalent in today’s workplaces, leading to decreased job satisfaction and performance. Prioritising mental health support through employee assistance programs, access to therapists, or stress management workshops can make a significant difference.

By openly addressing mental health issues, employers can reduce the stigma associated with seeking help, creating a more compassionate and understanding workplace culture where employees feel comfortable discussing their challenges.

Enhanced Employee Engagement

Engaged employees are not just physically present; they are emotionally and mentally invested in their work. Wellbeing initiatives contribute to higher levels of engagement by showing employees that their employer cares about their holistic health. When employees feel valued and supported, they are more likely to go the extra mile and actively contribute to the success of the organization.

Increased Creativity and Innovation

A workplace that fosters wellbeing also tends to be more innovative. Well-rested, motivated employees are better equipped to think creatively and find innovative solutions to complex problems. By creating an environment that encourages experimentation and values diverse perspectives, organisations can tap into their employees’ creative potential.

Better Work-Life Balance

Maintaining a healthy work-life balance is vital for employee satisfaction and long-term commitment. Organisations that encourage employees to prioritise their personal lives alongside their professional responsibilities create a more sustainable and fulfilling work environment.

Wellbeing initiatives often include policies and practices that support work-life balance, such as flexible working hours, remote work options, and paid time off. These measures help employees manage their personal lives, reduce stress, and remain committed to their roles.

Cost Savings

While investing in employee wellbeing programs may require an initial financial commitment, the long-term cost savings are substantial. A healthier workforce means lower healthcare costs, reduced absenteeism, and decreased employee turnover. Moreover, a positive workplace culture can lead to increased customer satisfaction and loyalty, ultimately benefiting the bottom line.

Positive Employer Brand

In today’s competitive job market, a positive employer brand is a significant asset. Companies that prioritise employee wellbeing not only attract top talent but also create a reputation as a desirable place to work. This can lead to a more extensive pool of candidates when hiring and increased interest from potential clients and partners.

Legal and Ethical Responsibility

Lastly, there’s a legal and ethical obligation to consider. In England the mental health of employees is seen as being on a par with physical health and safety. Employers are legally required to provide a safe and healthy working environment. Neglecting employee wellbeing can result in legal issues and damage to a company’s reputation.

OK we get that workplace wellbeing is important but what does it actually mean?

Wellbeing initiatives are far ranging. Different initiatives might suit some workplaces more than others.  Most employers who buy in to workplace wellbeing offer some form of subsidised or free of charge talking therapy to employees.  In addition, they may provide workplace massages and possibly even workshops around health and wellbeing issues such as stopping smoking, healthy eating, and stress management. 

Employers need to be mindful that some health and wellbeing initiatives can have an income tax implication for employees – so be clear about what you are going to offer and what the implications may be.

To sum up

In conclusion, workplace wellbeing is not just a trendy concept; it’s a strategic imperative for modern organisations. By investing in the physical and mental health of employees, employers create a happier, more engaged, and productive workforce. This, in turn, leads to reduced absenteeism, lower turnover, and significant cost savings. Prioritising wellbeing is not just a responsibility; it’s a recipe for success in today’s competitive business landscape.

The last word

There is nothing as good as hearing a recommendation from a client so here is some feedback from Blacks LLP, who use the Phoenix Health and Wellbeing Employee Support Programme as part of their wellbeing offering to staff:

“Here at Blacks Solicitors LLP, we recognise the importance of supporting our team. We have a large, diverse team in our Leeds office and chose local social enterprise Phoenix Health and Wellbeing to provide employee assistance to our team. 

Phoenix Health and Wellbeing offer flexible support tailored to our needs. We have nothing but positive feedback about the role that Phoenix Health and Wellbeing plays in making sure our team members are able to deliver the excellent service that Blacks Solicitors have become known for.” Nikki Birks, HR Officer, Blacks Solicitors

To find out more about how Phoenix Health and Wellbeing can support your employees click here 

Phoenix Health & Wellbeing is a Charity and social enterprise based in West Yorkshire.  By using our workplace wellbeing services, counselling, acupuncture or massage services you are helping us to continue with our charitable work. We use the proceeds of these sessions to subsidise treatments for people who have chronic health issues and low incomes. Roughly £4 of every £10 spent with us will go to help others. Find out more about our charitable work here

Health insurance and treatments at Phoenix

If you have private health insurance, you may be able to claim for some or all of the cost of your counselling, acupuncture or massage therapy. Check your policy.

Opening times:

Monday to Thursday from 10:00 to 20:00

Friday and Saturday from 10:00 to 16:00