Workaholics day: the importance of wellbeing in the workplace
The 5th July marked national Workaholics Day, which serves as a reminder to strike a healthy balance between our home and our work life. It is essential to prioritise your wellbeing by taking regular breaks to rest and refocus, engage in team activities and efficiently manage personal and professional schedules.
The Health and Safety Executive (HSE) has estimated as many as 17 million working days were lost due to work-related stress, depression or anxiety in 2021/22 and the London School of Economics and Political Science (LSE) a cost of £117.9 billion to the UK economy due to mental health problems annually. What’s more, poor mental health could account for an incredible 61% of staff turnover, according to Deloitte.
Supported teams are proven to yield the best results, with over half of all organisations (51%) taking a strategic approach to employee wellbeing. The CIPD found that “These organisations are far more likely to report a number of positive achievements from their activity, at both the individual and organisational level.”
A workplace that prioritises employee wellbeing is more likely to foster a sense of loyalty and commitment among its staff. When employees feel valued and supported, they are more likely to stay with the company for the long term. Engaged employees are also more willing to go the extra mile for their organisation, leading to higher customer satisfaction and overall business success.
Investing in staff wellbeing can bring numerous benefits to both the employee and employer. By creating a supportive work environment and implementing practical wellbeing programmes, businesses can cultivate a thriving workplace culture while achieving long-term commercial success.
Taking a holistic approach to both physical and mental employee health and wellbeing not only supports the people that run your company, but it also serves to boost team satisfaction and workplace engagement. It is a strategic investment in the overall success of your business. One that cannot solely be defined by financial ROI but also employee happiness and trust in their employer.
Don't forget to see your Doctors Clinic Group GP or Occupational Health specialist to help alleviate burnout or mental health challenges you are experiencing.