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The value of Wellbeing at work

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What is the value of wellbeing at work and how do you support the wellbeing of your employees?

The World Health Organisation states that wellbeing is “a state of complete physical, mental, and social wellbeing, and not merely the absence of disease or infirmity.”

Going to work is generally good for us, but only if our health, safety and welfare are protected. Preventing ill health because of work-related stress is part of creating a good working environment for your employees.

And wellbeing isn’t just a ‘nice to have’ – it should be a core part of your employee strategy. There are strong links between employee engagement and workplace wellbeing. Establishing a culture of wellbeing that is long lasting and effective needs to come from the top down.

The cost of Stress to an Organisation

When it comes to stress, prevention is much better than cure: every £1 spent on workplace wellbeing can yield between £3 and £6 in gained productivity and efficiency, according to the chair of Britain’s Healthiest Company advisory group, Dame Carol Black.

The Health and Safety Executive (HSE) estimates the costs to society of work-related stress to be around £4 billion each year. Stress, depression or anxiety and musculoskeletal disorders accounted for the majority of days lost due to work-related ill health in 2022/23, 17.1 million and 6.6 million respectively. Read the full breakdown on the HSE website here.

Employers are required by law to assess the risk of stress-related ill health arising from work activities and take action to control that risk.

View our Stress Management Course

the value of wellbeing at work

The effect of a supportive policy on Wellbeing

Wellbeing is strongly linked to happiness and life satisfaction. In short, wellbeing could be described as how you feel about yourself and your life. Happier staff work harder, more effectively and are more engaged and motivated. Organisations with high levels of employee wellbeing can see reduced sickness absence figures and reduced turnover. They may be seen as an employer of choice and find it relatively easy to attract high calibre staff.

Wellbeing Training from MPI Learning

Every aspect of our lives influences our wellbeing – having a positive outlook, getting sufficient sleep, participating in regular physical activity, a balanced diet, a satisfactory work-life balance, hobbies, and a strong social support network.

Click Here to book a private (up to 12 person) full-day workshop on Supporting the Wellbing of your Colleagues

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