Is your Organization Mapping Wellness?
By Antarmanh Insights
Summary: The before and after of the pandemic has taken a big toll on the employees and hence on organisation. As the famous proverb states, “Where necessity speaks, it demands.” Hence the employers have had to take a deeper dive into the corporate wellness. But, does your organization map wellness?
One of the greatest ongoing discussions with our clients globally is how to integrate wellness into business outcomes, not just productivity, low attrition, low shrinkage, better quality, but sense of belongingness, social connectedness and bigger outcome driven mind-sets.
The post pandemic challenges have spilled the beans on how 70% of employees have reported that the COVID-19 pandemic has been the most stressful time of their career. Similarly, 88% of employees reported moderate to extreme stress in the early months of the pandemic.
As disheartening the statistics are, there have been many organisations and companies wanting to get their employee wellness checked to the extent that the corporate wellness market is expected to grow at a CAGR of 5.8% in the forecast period of 2020 to 2027. An article from Statista read, “The retail value of the health and wellness market in India amounted to approximately 8.4 billion U.S. dollars in 2018.” This was forecast to reach nearly 16 billion dollars by 2023. The CAGR for this sector of the retail market was 14 % between 2019 and 2023.
To satisfactorily address the developing issue of workplace stress and anxiety, both during and after the COVID-19 pandemic and the physical and psychological well-being ramifications related with it, a multi-pronged approach is required. The employers or managers should go back to the drawing board and choose an approach that focusses on extra mental/emotional wellbeing as a form of corporate or organizational wellness and, therefore, mapping wellness is a key challenge for front leaders.
To measure wellness, it is important to define what wellness is to you. Similarly, when measuring wellness in a corporate setting, it is important to know the ‘whys’ and the ‘hows’ of the employee’s wellbeing. And this can only be done by examining how the employees are already maintaining their sanity by Mapping Wellness.
- Determine Yardstick
One can start with setting a benchmark or number of factors that your organization may consider. It could be the activity levels of employee before the program started, the performance of the employee, stress levels, absenteeism, retention rates, economic/ finances, relationship, sleep hours, diet and nutrition, physical exercise time and duration, and history of mental health.
- Evaluating Wellness Programme
When introducing a wellness intervention programme it is vital for the organisation to determine certain parameters. Firstly, whether the wellness programme touches upon the weak areas of the employees and delivers what it claims to deliver. Secondly, if it’s a short or a long term programme. Another point of consideration is whether the programme ensures confidentiality and ethics and lastly, understands the organization’s definition of wellness and sets achievable goals.
- Measuring the effectiveness of wellness programme
Implementing all-inclusive wellness program is only half the battle won. For any program to fully succeed, you also need a way to consistently evaluate its performance. However, many organizations struggle to identify and track the appropriate metrics. Some of the metrics may include participation rates, adherence levels (if a long-term program), participant satisfaction, perceived value and management commitment.
There are many wellbeing challenges to deal with during the corona virus pandemic and beyond, but investing in employee wellness in the workplace is beneficial for both, employees and employers alike and can help with the transition to life after the pandemic.
your company measure the success of its wellness programs?
Is it important to your decision makers?
Are you measuring ROI of wellness programme?
Leave us your comments!
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Antarmanh is a Management Consultancy. We are strategic wellness partners with our client to help organizations in planning, implementing, measuring and auditing organization wellness strategy and ultimately aligning it to business outcomes.
Seema Rekha, Founder & Director of Antarmanh
Seema loves designing wellbeing centric people solutions for Corporates, PSUs and Institutions. She launched Psychological Safety at workplace in India in 2018. And has taken it to South-East Asia. She is known for soft yet impactful leadership across the globe. She can be reached at –firstname.lastname@example.org
Harshita Pandya, Project Manager Psychological Safety at Workplace at Antarmanh. She is a Counselling Psychologist & Mindfulness Practitioner. She loves coaching individuals to scale up their lives. She can be reached at –email@example.com
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