Approximately 70% of people report that their employer has a responsibility to ensure their employees are mentally, physically, and financially well, according to The 2021 Workplace Wellness Survey by the Employee Benefit Research Institute (EBRI) and Greenwald Research. The same study found that three in four people trust their employer to help them improve their overall well-being through quality benefits and offerings. How can organizations take these findings to improve their employee experience? The answer might be in your benefits packages.
Employee Wellbeing and Experience
The Workplace Wellness Survey stated that work-life balance is important to employees, but satisfaction with it has declined. Providing mental health-related benefits, such as programming, an established work-life balance with boundaries, and an inclusive, open work environment all improve the employee experience. Although there is no cookie-cutter mental health solution, these benefits offerings can help your team members know they are valued as more than just an employee.
Improved Performance with Less Burnout
A superior work environment, both tangible and nontangible, often leads to higher quality performance on the job. Similarly, when employees have the resources they need to work through their personal challenges, they are empowered to take control of their well-being, leading to improved job performance. These tools can also lead to fewer sick days, less presenteeism, and less burnout overall.
Company Culture and Reputation
Now more than ever, employees want to be a part of organizations that have values, flexibility and show support. Job seekers long for a sense of belonging and community, meaning mental health-related benefits could improve the company culture and therefore boost reputation. These company culture factors are critical to reflect on when looking at retention best practices.
Mental health benefits and programming can have a great impact on individual employees and your business at large. And at the end of the day, offering meaningful benefits could help you recruit and retain your top talent. Contact our team to learn more about the services we provide regarding benefits administration, as well as our all-encompassing human resource solutions.