At BolsterUp, when we talk about organizational well-being we define it in two parts:
- Well-being at work is that which meets the inner needs (emotional, psychological, social, and physical) of every person in the organization
- Well-being at work initiatives improve business outcomes
The reason for the two-part definition? There has to be a solid business case, or efforts will fail as other priorities, ones that do have a solid business case, take precedence.
Over the last few years, there have been a steady drumbeat of studies that show that there is indeed a solid business case for initiatives that support well-being at work. Done right, organizational well-being will improve performance, engagement, attraction, retention, customer service, loyalty, and profitability.
We compiled several key data points from recent studies into an infographic. Wondering about the business case for well-being at work? Now you can see it at a glance.
Please click here or on the infographic below to download. Sources are available at the bottom of this post.
Want to learn more about how to get started with building your organizations’ well-being? Connect with one of our experts, and we’ll schedule a brief meeting to answer questions and help you move forward in building both your company’s well-being and your competitive edge.
If you would like more in-depth information, please check out our two-part series on redesigning work for well-being published in Brainz Magazine:
- Gain A Competitive Edge: Redesign Your Business to Prioritize Well-Being
- 7 Key Building Blocks To Create Well-Being At Work
Without further ado… here’s the BolsterUp infographic, The Business Case for Well-being At Work. If you’d like to download it, click on the infographic!
- Reece, Andrew; Kellerman, Gabriella; Robichaux, Alexi, Meaning and Purpose at Work, BetterUp, 2018
- Workplace Well-being Linked to Senior Leadership Support, New Survey Finds, American Psychological Association, June 1, 2016
- Dhingra, Naina; Emmett, Jonathan; Samo, Andrew; Schaninger, Bill, Igniting Individual Purpose in Times of Crisis, McKinsey and Company, August 18, 2020
- McFeely, Shane; Wigert, Ben, This Fixable Problem Costs U.S. Businesses $1 Trillion, Gallup, March 13, 2019
- Umland, Beth, The Surprisingly Strong Connection Between Well-being and Turnover, Mercer, April 10, 2018
- Harter, Jim, Thriving Employees Create a Thriving Business, Gallup, April 14, 2021
About the author
Bruce heads BolsterUp, a coaching and consulting firm. Along with his colleagues, he guides clients in improving employee experience, creating high-performing teams, and increasing well-being and joy at work. BolsterUp helps forward-thinking leaders make their organization the place everyone wants to work.
Bruce specializes in helping teams work better together and managers to lead more effectively through better partnering, communication, and understanding. He coaches internationally, focusing on strengths-based development, professional capability-building, peak performance, resilience, and well-being.