Fast Five: 02
We are hearing the term ‘wellbeing’ spoken of more and more frequently, particularly in an organisational context. But what does it actually mean and how will investing in it save businesses money?
In this edition of Fast Five, Interchange presents 5 key articles explaining what employee wellbeing specifically entails and how it can be used to advance your organisation. Whether it be presenteeism, millennial anxiety or avoiding burnout, these articles cover it all.
1. Understanding the Importance of Workplace Wellbeing
By Deakin University | @Deakin
With an overwhelming number of hours spent at work over our lifetime (80,000 in fact), it is so important to recognise how our job may affect our mental health and wellbeing. By creating a workplace where employees thrive and feel connected, businesses will reap many rewards including increased performance, a happier workforce and innovation.
2. Workplace Wellness Programs: What are they really good for?
By Linda Moon | @LindaMoonWriter
An increasing number of Australian organisations are starting to take a vested interest in the health and wellbeing of their employees. Nowadays, it’s not uncommon to see a variety of wellbeing initiatives in the workplace including complimentary flu vaccines, fruit boxes or subsidised gym memberships. Although these initiatives are good, they don’t address every angle of employee wellbeing. The biggest hazards in our workplaces are often psychological rather than physical, yet most wellbeing programs ignore the structural and organisational factors that contribute to the psychological hazards.
3. How business leaders can tackle anxiety in the workplace especially among the young
By Srini Pillay | @srinipillay
Generations Y and Z are quickly becoming known as the most anxious generations yet. In fact, recent studies have shown that these generations are experiencing double the rate of anxiety in the workplace compared to previous generations. With so much competition to enter the workforce, young people tend to strive for perfection which contributes to elevated levels of anxiety. As these generations are the future of our workforce, it is crucial that we understand and implement strategies to alleviate workplace anxiety.
4. Australians know working sick is bad for them, but they do it anyway
By Mathew Elmas | @mjelmas
Employees coming to work whilst unwell (also known as presenteeism), is a $34 billion problem for the Australian economy each year. Presenteeism not only lowers levels of productivity and output, but it prolongs and spreads illness to others. With so many reasons to pointing to bed rest as the correct choice, why are people still going into work? The answer is workplace culture.
5. Set boundaries to avoid burnout
By Aubrie Fennecken | @AubrieFennecken
Lacking a suite of healthy boundaries in the workplace can be extremely detrimental, not only to the employee, but the organisation as well. Research shows that employees who work more than 50 hours a week are actually less productive than those who work less. All too often, employees fail to establish boundaries, working themselves to the bone, eventually resulting in burn out. At that point, no one at all has benefitted from all of the blood, sweat and tears put into the company. When we establish and communicate our boundaries to preserve our own wellbeing, we start a greater conversation, one that will benefit coworkers too.