The rise in corporate wellbeing activities has been seen to improve employee productivity and satisfaction. In addition, many companies see it as an opportunity to create a positive culture and foster employee loyalty. However, not all corporate wellbeing activities are created equal; some may have more harmful consequences than others. The following are eight points to consider when implementing corporate wellbeing initiatives:
- Ensure the initiative is relevant to the company’s mission and values.
- Consider the potential benefits and harms of the initiative before proceeding.
- Be transparent about what is being done and why it is being done.
- Evaluate the initiative’s success regularly, and make changes as needed.
- Be aware of possible legal implications when implementing or using corporate wellbeing activities.
There are a number of reasons for this increase in corporate wellbeing initiatives. One reason is that businesses understand the importance of employee satisfaction and productivity. Improving worker morale leads to increased efficiency and creativity within the workplace, ultimately resulting in greater profits. Additionally, some companies believe that improving worker well-being will make their employees more engaged and loyal. This is especially important in an era where workers are increasingly mobile and able to find new employment opportunities quickly.