Have you ever stopped to think about how you are feeling today? This is the first step to understanding what well-being is. The general definition of the term is: "The totality of emotional experiences and subjective evaluations regarding a person's work and life circumstances.
Workplace well-being relates to many aspects, from the quality and safety of the physical environment to how each individual feels about their own roles.
Work is a fundamental aspect of life, where people spend much of their time, and it plays a significant role in overall well-being and satisfaction, fostering positive or negative experiences over the course of one's life.
The concern of an organization with the well-being of its employees is fundamental and results in personal and financial gains; after all, happy people are more productive;
According to a study published by Forbes, corporate wellness is becoming one of the top priorities for leaders in people management. In the US, this market is estimated to be worth $20.4 billion by 2021 and projected to grow to $87.4 billion by 2026.
When we talk about the balance between the physical, the mental, and the psychological, we are evaluating the individual's perception of several themes in his life. Themes that expand in different directions with different priorities as the years go by.
Here, we follow the themes of the physical, mental, and psychological balance
Physical: It is related to the employees' lifestyle. For example, how they eat, sleep and practice physical exercises. In the physical structure of the work, it involves the quality of the air, lighting, ventilation, temperature, acoustics and power options.
Career: It is related to the balance between personal life and work, such as the opportunities employees receive, whether they can develop, grow and determine long-term goals from their current position.
Financial: Directly related to employees' financial health. According to the 2021 PwC Employee Financial Well-Being Survey 2021, auditing firm PwC's annual survey of financial health, financial problems are the biggest cause of stress at work, health and relationship problems among employees.
Social: Related to the social health of employees. Having good friendships, not only at work, but in personal life is crucial to long-term happiness. Creating communities at work or personal interest groups , is a way to increase feelings of belonging.
According to Jen Fisher, co-author of the book “Work Better Together”, at the professional level this pillar relates to levels of absenteeism, presenteeism, quality of work and commitment to the organization.
Community: Related to how employees are engaged with their local communities. Investing in programs and opportunities to engage with these communities is a great way to engage professionals and decrease turnover within the company, while demonstrating a social concern and providing opportunities for community support.
Emotional: Related to the emotional health of employees, it is a very important pillar, considering that it has great effects on individual performance and consequently on the organization as a whole. The survey of “Stress in America 2021” from the American Psychological Association (APA), was released in October of this year and indicated that people are experiencing the highest level of stress since the beginning of the pandemic, together with a large increase in anxiety levels. employees' emotional health even more important.
Purpose: Finally, this pillar is related to the alignment of purpose between the individual and the organization. According to “2021 Global Human Capital Trends”, research on the ”Global Human Capital Trends of 2021”, it was found that 44% of Millennials and 49% of Gen Z youth choose and are willing to work in companies that have a fit with their own values. In the organization, this translates into engagement in general.