The Impact of Prioritizing Employee Well-being on Organizational Success
Source: https://www.linkedin.com/pulse/prioritizing-employee-wellbeing-mental-health-hrs-vital-potdar In today's competitive work environment, prioritizing employee well-being drives organizational success. The HR department has a responsibility to foster the workplace by prioritizing employee well-being, creating a positive workplace environment, enhancing engagement and retention, and ultimately achieving greater success and sustainability in the long run. Factors that can contribute to improving employee well-being in the workplace: The Banking Standards Board (BSB) United Kingdom (2019) has identified eight situational factors to promote employee resilience and well-being (shown in Figure 1). Figure 1: 8 Factors that affect employee well-being in the workplace. Source: https://financialservicescultureboard.org.uk/wp-content/uploads/2019/03/BSB-wellbeing paper.pdf Organizations prioritize employee well-being by...