Access Corporate Success and Gain Edge over Competition in 2019

by Jody Ordioni

Employee wellness programs no longer remain a luxurious exploration but rather have become a necessary measure that allows a company to gain a competitive edge over competitors on various levels. The steps to gauge critical success in the below-mentioned criterion can be condensed to four primary trends. The comparative areas are:

A sure-shot way to make your organization high-functioning is to look after the well-being of your employees. The engagement, energy, and vitality of your employees form the foundation of the organization. The attention to corporate wellness has increased exponentially in recent years.

Business leaders are now aware of the fact that employee wellness is not only limited to physical health. Wellness programs have developed into forming the cornerstones of the company, in contrast to being a routine to-do task for the HR. Here are four trends that encapsulate exactly that, which is necessary to edge out other competitors out of the competing board.

Well-Being that is Wholesome

Organizations that take on the task of employee wellness as just another box to cross in the to-do list will not take a holistic approach on the issue. They will try to get the affair over with by completing token gestures such as gym memberships or annual health fests. However, companies who are seriously concerned with the well-being of their employees take on a more comprehensive approach.

The need for recognition by the employer of a wholesome wellness of the employee is required rather than an approach that is focused on just physical health and nutrition. A smart leader understands that employees, who are happy and healthy, will lead to better business, concerning engagement and productivity. It also provides job satisfaction and a greater sense of purpose to the employees.

Tailor Made, Not Cookie Cutter

The formula for one-size fits all needs to go flying out the window. The time calls for bespoke programs, as the mission, vision, and demographics of each organization are different. Different locations within the same company can be drastically different from each other. Since the parameters of wellness are different, a program that is tailor-made can be the only answer to fulfilling the needs of the company.

A wellness program is bound to fail unless it meets the unique needs of the particular organization. For example, an oil extraction company emphasizes physical fitness, whereas an IT company lays emphasis on emotional health and teamwork.

Managing Stress and Building Resilience

Two-thirds of the workforce undergoes the feeling of being burned out while on the job, as per a research study conducted by Gallup. Despite stress being the worst kept secret of unhappiness at work, it still continues to bog down the performance in the organization. The development of technology and the wide reach of the mobile devices imply that work can pervade all spheres of an employee’s life.

Thus, even when they wish to engage their exhaustion can prove to be a hindrance. Everyday stress, therefore, snowballs into chronic stress which can deeply affect physical health and mental well-being of an employee.

Stress is a parasitic symptom that drains out energy and performing capacity of the organization, over time. A recent study has found that the employees being present but underperforming due to stress or illness can cause twice the financial damage to a company than absenteeism and medical expenses combined.

Leaders with Emotional Intelligence

A high Emotional Quotient or EQ is increasingly recognized as a contributing factor to the success of both the leadership and the company. An efficient leader is adept at managing their own emotions and keeping the emotions of their employees in check. To become more socially aware, any leader should increase their EQ (or EI). EI makes the leader more knowledgeable about their self, as well as helping them understand and connect with the team. Prioritizing EI has the following benefits for the leaders:

In a nutshell, employee engagement and wellness translate directly into the performance of the organization. Companies that out-perform their competition understand the relation of causality between wellness and performance. Therefore, they do not take lightly, the power of corporate wellness programs and integrate them into their company framework.

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