In the final week of his blog, Carl summarises wellbeing and the 6 pillars.
We have now reached week 16 of my intended 15 week blog series and therefore have come to the end of this exciting, and I hope interesting, series on wellbeing. I hope that the information over the past 15 weeks has been informative and if nothing else I have been able to show a different way of looking at wellbeing and the different aspects that contribute towards it.
As I have said many times throughout the past 15 weeks, wellbeing is unique to all of us and if we are to increase wellbeing across a workforce we need to understand what the risks are within that specific workforce, we need to engage with our employees to understand what they perceive their risks to be and we need to ensure that where there are areas of concern we have a well thought out strategy focused around prevention and intervention.
With a targeted wellbeing strategy in place companies will see significant improvement in their performance in areas such as productivity, absence, attraction and retention and insurance premiums to name but a few so is it not in every companies best interests to understand how wellbeing impacts them? Once a strategy is in place it is really important to have a good governance framework, completing an initial analysis, building a strategy and then leaving it for a few years will soon mean that the strategy becomes out of date and loses focus. Wellbeing is ever-evolving and therefore it deserves the same ongoing governance that we give to our pension schemes and our health and safety strategies. If you stick to the principle of Analysis, Build and Governance in an ongoing cycle you won’t go far wrong.
Christmas is just around the corner, which is a time for us all to relax and enjoy time with family and friends and return invigorated for the new year and what lies ahead. Many of us will make new year’s resolutions and many of us (me included) will probably fail within a few weeks or months.
Why not this year make a professional new year’s resolution that is easier to keep: a promise to invest more in your greatest asset; your employees. Like any asset you want to get the best performance possible out of it and you want to see a return from it. Wellbeing is the key to opening this door and to creating a workforce that will ensure 2016 is an even better year than those before.
All that is left for me to say is that I wish you all a very merry Christmas and a happy New Year.
Read all of Carl's blogs, and Reward's accompanying articles, in our WELLBEING HUB