For decades, employers have been using strategies to attract, retain and engage talent; the construction industry is no different. The ability to have the right resources at the right time for employees has become a common strategy many organizations have developed. The real reason these strategies have started to become more common practice is the need to have a personalized, holistic, well-rounded workplace experience for employees.
Gallup research revealed there are five areas of wellbeing that differentiates a thriving life from one spent merely existing; career, social, community, financial and physical.
Gallup’s research has determined that thriving employees is defined by ultimately having the understanding that each element intersects with each other. It is incredibly hard to thrive in one area alone; when one area of wellbeing is imbalanced it can affect another area. As an example, if a person is struggling with finances, many times that person is also dealing with stress, which impacts emotional health and wellbeing.
According to the American Psychiatric Association, “resilience is a key strategy that helps employees tackle stress, a competitive job market, workplace conflicts and address challenges on the job.” According to Gallup, employees with high wellbeing are more resilient during widespread or personal tough times. While in the past it might have been easy to dismiss wellbeing as a personal matter, that is no longer the case and businesses are seeing the returns. For example, employees whose wellbeing is properly maintained are 36% more likely to report a full recovery after an illness, injury or hardship.
Wellbeing at work is influenced by personal factors experienced by employees outside the workplace. Creating a culture of wellbeing where employees can thrive in the workplace or on the jobsite is where thriving begins. There are five steps employers can take to help create a wellbeing culture where employees can thrive at work.
Organizations in every industry are exploring ways to maintain culture, drive engagement and empower employees, all while aiming to improve their bottom line. The pandemic has physically, mentally and emotionally challenged employers to think differently about how they care for employees. Taking a critical look at company culture and the resources provided to employees is an important first step to developing thriving employees.
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