Finding the right employees seems the most difficult part of creating a successful business. The reality, however, is that it’s more difficult to retain your best employees than it is to hire them. And if you’re thinking this is just about competition from your fellow employers, that’s not it. Of course, dissatisfied employees will seek employment elsewhere, but the issue you’re supposed to address here is the cause of dissatisfaction.
You may not think that workplace well-being is all that important, but it’s the leading factor in employee satisfaction or the lack of it. So, then, what signs should you look out for to determine if you need to enhance your workplace well-being initiatives?
1. High Turnover Rates
If it seems like your workers are always leaving just months after onboarding, you will want to make sure it’s not related to a problem in workplace well-being. That’s in consideration that such an issue can easily cripple your company regardless of how invincible it may be. In most cases, a high rate of turnover is typically indicative of larger issues like dissatisfaction and a lack of fulfilment, mostly in connection with financial well-being.
However, it could also be connected to other types of well-being, which is why it’s a good idea to engage Plus One Workplace Well-being experts for solutions that ensure workplace comfort. The solutions that such a provider would offer are customisable to ensure maximum effectiveness and organisational fit.
2. Increased Negative Feedback
Another clear indication you need better well-being initiatives is that you are getting an increasing rate of negative feedback, either internally, externally, or even from clients. If your employees keep reporting feelings of lack of appreciation, that means their well-being is already affected, thus it could only be a matter of time before they start thinking about leaving.
Again, this is something you can handle with the help of experts since they will study your company as a whole and point out exactly what the issue is. That way, you can collaborate to create the perfect solution.
3. Lacklustre Performance
Employees who are happy at work always go the extra mile to deliver the best results. So if you’ve started to note a unanimous decline in performance across the entire organisation, chances are your employees’ well-being has taken a hit.
You should prioritise fixing that as soon as you can, and the best solution is to team up with experts since it’s likely they have dealt with a similar case.
4. Increased Absenteeism and Presenteeism Rates
Sick days aren’t always an indication of poor employee well-being, but if their frequency has been increasing inexplicably, you most likely are dealing with under-motivated employees. In most cases, higher occurrence of absenteeism, especially where good reasons aren’t provided could point to low morale or it could be your employees are using their time out of work to look for new jobs or attend interviews.
Presenteeism is a little bit different since it means your employees are coming to work but can’t deliver the expected results. Often, this affects employees who suffer from workplace stress, have burnout, or are working in an organisation that doesn’t have a sick days policy.
5. Poor Buy-in to Existing Employee Well-being Initiatives
If your well-being package isn’t seeing the kind of uptake you’d expect, it could be a sign you need to implement better initiatives. Here, you will need to work with your HR team to establish how often your employees are using your initiatives and how accessible the initiatives are. Remember that no employee will utilise a wellness package they aren’t even aware of, in the first place.
Also, bear in mind that at times it’s not that your well-being package isn’t good enough. Instead, it could be you’re not promoting and encouraging its use enough. That’s why it’s always a good idea to lead by example if you want to see the buy-in grow.
Build Happy, Healthier Teams With Plus One
Is your goal to enhance the productivity of your business with healthier, happier teams? If your answer to this question is yes, then you need an effective workplace well-being solution, which is exactly what you get at Plus One.
Thanks to a team of experts that is dedicated to offering the best well-being solutions which is everything from life coaching to outdoor activities and a lot more, you will no longer have to worry about handling unhappy employees. That way, you can focus more on the core operation of your business.
