Due to the increasing competition in the job market and overall lifestyle changes resulting from the pandemic, employee turnover has become one of the biggest challenges for top management. Yet, health and wellness at work have also become a hot topic and something that employees increasingly value. This, coupled with the fact that the Great Resignation has led to thousands of people looking for new opportunities, has made it so that finding and offering creative benefits packages that include wellness perks is a top priority for many organizations.
Wellness programs increase employee retention by targeting their physical, emotional, mental, and social well-being. They supplement standard healthcare options, easing workplace stress, productivity gaps, and burnout. As such, having these programs sends a clear message that your organization cares about its employees, and this is something that will attract and retain talented and high-performing employees.
Many might think this is a costly initiative, but in reality, a wellness program does not necessarily mean huge projects. Even something as simple as an employee health challenge or a survey to encourage a better work environment can have great results. Keep in mind that when you implement wellness programs, you are investing in your company and team. If you start working with this mindset, you will definitely achieve great results.
• First, you need to assess the risks your employees are usually exposed to on a daily basis. This includes mental health as well as physical health risks. For example, if your employees have to work under pressure, then mental health risks may include anxiety and depression.
• Then, it’s important to determine key reasons for employee turnover. Conduct interviews and surveys with employees who are planning to leave or have already quit.
• Compare the data and brainstorm programs that will actively help your employees. Develop clear goals for your wellness programs and set KPIs. Remember that well-being is a general topic, and it is not easy to measure.
• Finally, decide what types of programs you want to have. Common examples include stress reduction programs and health screening, but you can also come up with specific activities in other areas. Once again, you can survey your employees to see which programs seem most interesting and necessary to them.
Corporate wellness can include a wide variety of programs and perks that benefit employees as well as your company. Here area few examples you can consider:
• Stress reduction programs (with activities such as group-guided meditation or yoga)
• Assistance programs that offer personal support for issues such as substance abuse, stress, anxiety, and depression
• On-site fitness centers
• Smoking cessation programs
• Lunch and healthy snacks
• Nutrition courses
Employee retention comes from job satisfaction and a trusting relationship between employees and their employer. If your employees see that you care about their wellness and personal needs at a holistic level, they will develop loyalty, trust, and commitment to your company. Ultimately, this also helps your company achieve its productivity goals.
Finally, if you’re currently trying to retain and attract top talent, having the right software to make life easier for your HR teams is also fundamental. At Talcura, we have the most comprehensive services and tools for HR professionals, designed to help attract, hire, and onboard new talent. Schedule a free demo and learn more about our customizable solutions!