Corporate brochure 1 Jan 2014 | Page 6

6 | Employee Wellbeing Employee Wellbeing | 7 Creating a Measurable Indicator 1. Evaluation The best way to know what’s challenging your employees is to ask them. A comprehensive evaluation is unlike a typical employee opinion survey in that it is investigating, “How are you, our employee, doing?” rather than, “How are we, as your employer, doing?” The evaluation should take into account leadership initiatives and goals as well as concerns brought up in employee focus groups, and it should consider every area affecting overall wellbeing including resilience, personal life, health, financial wellness, and job satisfaction. The results will be informative and unique to your population, identifying where your employees are doing well and where they need help. 2. Indicator Such an evaluation also offers employers the ability to derive important long-term information. Tallied together, the results enabled Horizons Workforce Consulting to create a comprehensive Wellbeing Indicator customised to the Bright Horizons workforce, a clear roadmap that illustrated where Bright Horizons was succeeding in its wellbeing initiatives and where there was room for improvement. 3. Implementation Down the road, the Indicator will provide a benchmark for comparative reassessments, enabling a clear view of how response programmes are impacting employees, and to understand precisely which supports are — or aren’t — working. Once a response programme has been created to address Bright Horizons’ employees’ budget issues, for example, the Indicator can be used to determine the impact of the solution and whether it has moved the needle on the wellbeing gauge in the right direction. The Bottom Line The previous example is one story — one individual Wellbeing Indicator. To be effective, it’s critical for such studies to be representative of each individual workforce. To create your optimal response strategies, your Indicator will have to represent your organisation and your employee population. But assessing and acting on these personal elements is well worth an employer’s time — and in fact, ignoring them is done at an employer’s peril. A customised analysis and response strategy will not only illuminate what’s challenging your workforce, but will provide the opportunity for relevant responses that allow your organisation to succeed and thrive for the long haul. Those employers who purposefully investigate precisely what drives and challenges the wellbeing of their individual employee populations, and who respond in pertinent and effective ways, will benefit from high-performing workforces that deliver sustainable results and a measurable competitive advantage. Horizons Workforce Consulting can conduct a customised wellbeing study to arrive at a Wellbeing Indicator for your workforce. Visit us at www.brighthorizons.co.uk/ employersolutions to learn more about how supporting wellbeing can work for your organisation. To talk to a member of our team, please contact us on Tel; 08432898579 or contact us via email at [email protected] Follow us on Twitter @BHFamatWork & @BHatWork 4. High Performing Workforce! In order to better understand th