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Why Employee Wellbeing is Essential for Productivity?

Published on: 1/08/2022

Why Employee Wellbeing is Essential for Productivity?

Holistic health has transcended mere buzzwords and feel-good messages; it has become essential for maintaining an inspired and engaged workforce. Since the onset of the COVID-19 pandemic, employee wellbeing has emerged as a top priority for organizations. Addressing both the direct and indirect effects of the pandemic on employees has highlighted the necessity of a comprehensive wellbeing package that effectively supports their diverse needs.

Now more than ever, there is a growing demand for holistic employee wellness programs that tackle mental health concerns and burnout. Providing real-time, personalized telehealth services is key to meeting these demands. Holistic wellness, which encompasses mental, physical, and spiritual health, has become a critical focus for employees around the world.

The changing nature of the workplace is leading employees to seek resources from their employers that extend beyond traditional benefit packages, especially in relation to health and wellness.

During the ‘Great Resignation’ triggered by the pandemic, the significance of health and health insurance emerged as a critical factor for employers aiming to retain their top talent. A survey from the US-based health insurance provider Oscar revealed that 47 percent of small business owners believed they would struggle to attract the best employees if they could not offer competitive benefits. Additionally, 60 percent reported having limited healthcare benefit options due to high costs.

If you're an employer having business in Lebanon, ensure you have adequate health cover for your employees with INSURIA Employee Benefits plans.

Importance of Customized Employee Wellbeing Solutions in Lebanon

It is essential for employers to stay informed about the healthcare and wellbeing benefits available to employees and to ensure that these solutions align with their actual needs.

Organizations should prioritize work-life balance by recognizing signs of overwork among teams, fostering open communication, and emphasizing results and value creation over mere hours worked. Additionally, companies must offer comprehensive support that includes increased flexibility, empathy, opportunities for career advancement, and upskilling initiatives to remain competitive. They should also select health insurance plans that effectively meet the organization’s requirements, incorporate telehealth access for employees, and implement tailored wellness programs to address the specific needs of their workforce.

Empathy is essential, and employers should implement mental health and resilience programs for both employees and managers to achieve optimal outcomes. Those employers who proactively embrace this change and provide important healthcare benefits will gain employee loyalty and foster a more cohesive and resilient workforce.

 

Posted in Healthcare Insurance, Insurance.