- What do you picture when you hear the term?
- Perhaps it’s Pharrell Williams’ version of Happy
Well-being could be a game-changer in workers’ productivity.
More so than the impact of chronic disease.
That was the conclusion of a study published in the Journal of Occupational and Environmental Medicine.
The study, Comparing the Contributions of Well-Being and Disease Status to Employee Productivity, moves beyond the typical focus on physical health to a broader scope of employee well-being.
The Gallup-Healthways Well-Being Index includes the following five elements into its well-being definition.
Researchers for the study tracked employees from three U.S. companies.
- A national insurance company
- A large health care vendor
- An international manufacturing company
Over 2,600 participants who took part in a Well-Being Assessment qualified for the study. The researchers developed two study groups.
- Nondiseased – those who self-reported no chronic disease
- Diabetes – individuals with self-reported diabetes
The study reviewed presenteeism (the level of productivity) and the effect of well-being-related barriers.
Conclusions from the study included the following.
- Well-being was the most significant predictor of productivity
- Changes in well-being produced changes in productivity
- Above and beyond chronic disease or other fixed characteristics
What impact does this have on employers?
Employers sponsoring wellness programs should design programs that address total well-being, not just physical health.
A 2013 MetLife global study on financial wellness alone produced the following.
- 90% of consumers want to become better at managing finances
- 58% of U.S. employees wish employers provided access to financial planners
- 245% growth in retirement plans of individuals who engaged in financial planning (compared to those who did not)
Another 2013 survey by PricewaterhouseCooper (PwC) revealed nearly one-quarter (23%) of survey participants admitted their personal finances issues were a distraction at work.
Health and productivity professionals cite these studies and others as proof of the significant contribution well-being has on workplace productivity.
Activities, such as the following, promote total well-being.
- Financial planning workshops
- Sponsored community events
- Support for volunteer activities
In the words of Pharrell Williams ~
“Clap along if you feel like happiness is the truth”
Helping you Keep it simple, clear & uniquely yours – contact me for help with your business writing needs. Visit my business blog, Simply stated business.
Notice of Disclaimer –Cathy Miller is not an attorney or health care provider and cannot provide legal or health care advice. The information provided is for your general background only, and is not intended to constitute legal or health care advice as to your specific circumstances. We recommend you review legislation with legal counsel and visit your physician for health care issues.