Benefits Of A Happy & Well Workforce
Research shows a clear link between being happy and well at work and reduced absenteeism. Being happy and well at work promotes positive outlooks in the workforce, and in employees’ personal life as well. Too often people find themselves in work situations that make them unhappy, increasing the chance of becoming ill.
Creating safe, healthy workplaces is a ‘win a win’ situation for everyone. Employers, employees and customers alike. Allowing a greater work life balance increases morale with a positive impact on employee productivity.
It makes sense. People spend much of their lives at work to support themselves and their dreams. Working in a happy, well-adjusted environment increases morale across the company.
Absenteeism on the rise:
The 2015 Royal Australasian College of Physicians (RACP) Realising the health benefits of work report, found Australia’s workforce structure is changing. With the Internet came easy access to workforce globalisation and changes to the way we work and what we work on; recently Australia has become a more knowledge based economy with an increase in sedentary work. This has seen a rise in absenteeism and presenteeism - presenteeism being the loss of productivity when staff come to work unwell.
Through its research, the RACP initiated the Health Benefits of Work initiative in 2011. This recently changed to the Health Benefits of Good Work based on its most recent research. This reinforces its earlier findings that good work boosts the health and wellbeing of workers.
What is good work?
When people love going to work, it affects their performance. They are happy and engaged with what they are doing so nothing is too much trouble. A great workplace gives workers an increased sense of self-worth and stability. This decreases the risk of absenteeism and work-related illnesses.
According to the RACP, good work is “balancing the interests of individuals, employers and society in order to deliver performance, engagement and fairness”. It shows how important it is people engage in good work. This benefits everyone's health and wellbeing. Alternatively, the RACP research highlights the negative impact of poor quality work. Being unhappy at work results in long-term absences, work disabilities and poor work performance.
Benefits of a healthy workforce - Focusing on creating a healthy workforce reduces employee turnover and the cost of recruitment.
Other benefits include:
An increase in productivity
Better employee engagement and ownership
Positive customer engagement and increased customer service
Positive staff morale and organisational culture
A reduction in workplace accidents and illness
Reduced sick leave and insurance costs
Reducing the added pressure on employees covering for absent workers
Better business performance.
Investing in workplace health:
What is poor employee health costing your organisation? Personal choices like poor eating habits, smoking, drinking and a lack of physical activity have a negative impact. A poor workplace culture increases stress and morale drops throughout the organisation. Creating an environment people want to avoid. This costs a company’s bottom line.
The solution is workplace health programs. Investing in employee health has long-term benefits. WorkplaceWA says studies show that for every dollar invested in employee health, the return-on-investment is up to $4.70 over 3 years.
Improving workplace health is a priority in today’s modern world. It is important organisations spend more on workplace health initiatives to ensure the health of their employees.