Checklist: What does our current strategy look like?
1. Does our approach to well-being align directly with the organization’s purpose, business objectives, and people strategy?
2. Are we using an evidence-driven approach to measure employee well-being?
3. Do we know how improved individual well-being links to better organizational outcomes?
Why initiatives fail
Many organizations rely on superficial well-being initiatives, such as yoga classes, well-being apps, and one-off events. These fail to tackle the root causes of ‘ill-being’: systemic challenges including job design, organizational culture, and leadership behaviors.
Three characteristics of effective programs
1. Strategic approach
- Link well-being to business objectives
- Define how well-being contributes to key outcomes such as productivity, retention, and customer satisfaction.
- Tailor initiatives to the needs of the workforce
- Use employee data (e.g., health assessments, surveys, and focus groups) to segment your workforce and address specific challenges.
- Join up the well-being, DE&I, and talent strategies
- Use the well-being strategy to support and enable other aspects of the people strategy.
2. Systemic approach
Being systemic means viewing well-being programs as a whole, recognizing that actions in one area will affect other parts of the system. The key pillars are:
- Mental health
- Access to therapy at work, resilience training, and awareness campaigns to destigmatize mental health conversations can help people develop the tools to manage their mental health.
- Physical health
- Health screenings, private GP access, and exercise programs to encourage healthier lifestyles can help avoid or delay the onset of chronic conditions and reduce the costs of absenteeism.
- Financial well-being
- This can take the form of education on budgeting, debt management, pensions, and crisis-support funds.
- Social well-being
- Social connections and other qualitative factors significantly impact well-being. Building belonging is particularly important in hybrid or remote environments.
3. Evidence-driven
Practical actions for an evidence-driven approach:
- Start with the business issue
- Ask yourself what issues – such as reduced productivity, increased health claims, or higher absence – you are seeing.
- Gather robust data across
- To understand what issues are presenting, who is affected, and the impact on the business, use multiple sources to identify the interventions most likely to lead to improvements.
- Set clear metrics
- Define success measures for your well-being initiatives, such as reduced absenteeism or improved employee engagement scores.
- Challenge vendors to justify the effectiveness of their offerings
- Avoid solutions without a clear evidence base. Interventions may not deliver measurable impact unless linked to broader systemic change.