Workplace wellbeing has transformed over the last few years, shifting from a less recognised element of the workplace to something far more critical. 

As momentum continues, there is no doubt that wellbeing has become a priority, and the focus is on how quickly and efficiently businesses can create decisive and impactful change.

The need for change

Recent studies, like the Deloitte 2024 Wellbeing at Work Survey, highlight the need for action. According to the report, nearly 60% of employees and 71% of senior executives are considering leaving their roles if wellbeing isn't a priority to an organisation. Furthermore, 80% of business leaders believe that burnout has had a profound impact on their teams, with a similar figure recognising the implications of mental health issues, the lack of connection and isolation on employees. The data clearly shows the need for action, and the opportunity for transformation, the chance to adapt and rethink our workplace wellbeing approach. To make an impact, businesses must change their perception of wellbeing from rewards and incentives to a core part of their culture and strategy. 

Company Culture is the defining element of building wellbeing

Recently, company culture has become a critical factor in talent attraction and retention. Earlier this year, a study by Kendrick Rose discovered that over 50% of professionals now view company culture as a priority when seeking new employment, exceeding expectations of flexible working, pay and other benefits. This data highlights the shift in priorities from the previous year when flexible working and pay were considered more important.

Employees seek meaningful work in businesses that meet their values, especially those associated with the environment and inclusion. This trend is likely to continue with the new wave of working professionals.

Creating a culture of wellbeing

Building a culture of wellbeing is a shared responsibility for all employees and takes time. Business leaders, executives and managers must recognise that their actions and working practices are critical in establishing an environment where wellbeing can progress. Wellbeing must integrate into the core business values, with employees recognising how much their leaders care.

The critical role of leadership

Leaders must promote wellbeing plans and represent the model behaviours promoting a healthy work environment. Leaders who prioritise their wellbeing are in a strong position to support themselves and others.

Tackling the core issues

To manage workplace stress and encourage employee wellbeing, it’s vital to recognise and address the root causes that result in employee burnout and declining wellbeing. Business leaders must focus on tackling workloads, strict deadlines, imbalances in work-life and lack of leadership. By addressing these issues, leaders can create an environment that reduces stress and promotes wellbeing.

Research indicates that factors like autonomy, inclusivity, skills development, connections, recognition and a sense of purpose significantly improve wellbeing. People have clear needs and meeting those is critical to enhancing wellbeing. 

Genuine workplace wellbeing starts with genuine leadership, building trust and a respectful culture with clear communication and objectives. With these factors in place, individuals feel heard, valued and appreciated. 

Sustainable wellbeing in the workplace requires ongoing measuring and adapting. Using metrics and conducting continuous reviews ensures plans are working and align with the overall goals and needs of the employees. Being able to adapt and respond to changes is critical. 

The data is quite clear - workplace wellbeing has become a necessity. The challenge is converting this recognition into decisive action. This process requires a significant movement in how businesses recognise and prioritise wellbeing and looking proactive solutions. By integrating a structured approach aligned with the needs of individuals and businesses, leaders can create a workplace where wellbeing is a shared responsibility. Business leaders must embed wellbeing into the core part of their strategies, promoting employee health alongside overall success.

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