Technological change, consumer expectations, increased workloads and tighter margins have made the workplace more complex, demanding and stressful. Combined with personal factors such as lifestyle, financial worries and family issues, poor employee health is something, sooner or later, all companies face.
Put this in the context of the new workplace reality where the lines between work and personal life are increasingly blurred and employers can no longer think that providing health benefits are a nice-to-have optional extra. Far from it. There’s a growing mountain of evidence, which business leaders can no longer ignore, that links good employee well-being to improved employee engagement and business performance.
Traditionally, employees are seen as a company’s biggest cost. They are in fact their biggest asset and profit centre. A business cannot be competitive if its employees are not fit for work, engaged, focused or productive. According to Gallup, companies with highly engaged workforces outperform their peers by 147% in earnings per share. Properly supporting employee well-being is an investment in human capital.
Excerpt from Director of Finance Online, read the full article here