Pulse August / September 2022 - Page 32

“ Creating a work-life balance that incorporates health , wellness and financial stability can lead to higher employee retention .”

“ Creating a work-life balance that incorporates health , wellness and financial stability can lead to higher employee retention .”

equality and inclusivity in the workplace . However , if an employee feels as though they do not receive equitable treatment and see any type of bias or judgement doled out in the workplace , it can cause unspoken resentment , low morale and dissatisfaction , resulting in high turnover .
In contrast , if the company culture embraces inclusivity , the result is mutual respect , greater satisfaction and employee retention . However , as awareness of the effects of a lack of inclusivity in the workplace continues to rise , leaders unable to commit to and practice equitable treatment of their teams may be opening the door to unspoken resentment , low morale and dissatisfaction , resulting in high turnover .
Wellness : An Unexpected Metric for Greater Employee Satisfaction Understanding employees and their needs and desires is an ongoing , evolving process . Both large and small companies have evaluated variable metrics to determine optimal employee satisfaction , thereby creating a culture of high retention .
Thinking about the current year and beyond , people naturally feel overwhelmed and uncertain about the economy , political landscape , possibility of more pandemics and virtually every facet of their personal , financial and professional lives . Therefore , the value of providing a comprehensive employee wellness program cannot be overestimated .
A Gartner 2020 survey of 52 HR executives found that :
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94 percent of companies made significant investments in their well-being programs 85 percent increased support for mental health benefits 50 percent increased support for physical well-being 38 percent increased support for financial well-being According to that same Gartner analysis , these programs
30 PULSE n AUGUST / SEPTEMBER 2022