With the advent of the highly educated millennial generation that joins a workplace with high expectations from their employers, a trend of employers trying to please their employees instead of the traditional opposite is at large in many workplaces. Job perks, promotions, benefits, well qualified and approachable supervisors, and the best tech equipment and tools are just some of the things leading companies are investing in to engage and retain employees, since if their needs are not met, employees tend to leave. It is important to provide financial security, and ensure job satisfaction, good mental and physical health and social connectedness since these are the key drivers of employee wellbeing.
There are many ways to ensure employee wellbeing, including but not limited to a comfortable but professional work environment, perks such as health insurance, a good work/life balance that prevents burnout, and leaders who they can trust to make decisions for mutual benefit. Some companies even go as far as offering in-house yoga and pilates classes, free massages and daily servings of fresh fruit at the workplace. Forbes magazine further states that initiatives such as flexible working arrangements, mindfulness training, new/working parent career coaching, financial education, emotional intelligence developmental training, improv training, retirement coaching, access to healthy food, snooze-friendly policies, on-the-hour flash walks, a gratitude practice, deep sense of purpose and contribution, and incentive-based trips are all effective in boosting productivity and engagement of employees, ensuring their wellbeing through increasing job satisfaction.
Such perks, benefits or gestures can yield a positive working attitude from employees and make them more driven to stay loyal to the company, making their best efforts to help achieve goals and increasing productivity. Simply put, it is human nature to feel positive when you are cared for, and when employees are given benefits or useful initiatives, it gives an impression that the company actually cares about their wellbeing. As a payback, they can give their best shot at what they have been assigned with. Looking at this situation from a larger scale, a business can thrive through such well-engaged, retained employees over time.