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Why wellbeing works for business

The wellbeing of your people is one of your organisation’s most important assets and like all assets it must be recognised, maintained and developed in order to provide long-term value and returns.

Nearly half of all New Zealanders (47%) will experience some form of mental distress or illness such as depression, anxiety or an alcohol or drug related problem at some time and unfortunately, just like physical illness, poor mental health can be costly for people and organisations.

Ignoring mental distress and illness costs in terms of negative impacts on:

  • individual health
  • team and customer relationships
  • work quality
  • absenteeism
  • productivity
  • injuries
  • overall workplace culture
  • profitability

Strategically investing in wellbeing

By investing in a mentally healthy workplace, organisations can expect to receive an average return on investment of 230% resulting from immediate and long-term wellbeing changes such as:

  • increased engagement
  • greater motivation
  • improved focus
  • improved work quality
  • improved safety awareness
  • increased productivity
  • overall positive influences stemming from a healthier workplace culture

For more evidence on the benefits of strategic wellness investment view these links:

Why change can only be achieved with a workforce-wide commitment

Research shows that the single most critical success factor in wellbeing programme returns lies in active employee participation toward creating cultural change.

For larger organisations, this means that actions such as training and workshops are best implemented by breaking the organisation into smaller groups where individuals are directly exposed to new concepts, information and expectations and experience the transparency and inter-connected of a professional workplace wellbeing approach.

Contact us now to find out how to achieve WellBeing@Work benefits to your organisation.

See also:

The delivery of this programme at the workplace was an important factor, as was its capacity to identify Champions and Connectors to continue to raise awareness and deliver ongoing support at our workplace.

The biggest change in our annual Workplace Survey this year was a 17.9% increase in those who either agreed or strongly agreed with the statement, This organisation cares about the wellbeing of its people. While Council has rolled out a number of initiatives, which we believe have supported this outcome, the single biggest intervention was the WellBeing@Work programme.

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