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TRANSCRIPT
THE FUTURE OF
Workplace Wellness
AFTER COVID-19
MINDSH IFTME .COM
COVID-19 has fundamentally changed the way companies
function. Across the globe businesses are having to figure out how
to adapt to the new ‘new normal’ workplace.
Employee wellbeing is predicted to be the most important of these
new strategies, with workplace wellness initiatives at the
forefront.
Before the pandemic, corporate wellness programs were proven to
be a valuable addition to companies, with effective wellness
initiatives producing, on average, a 26% reduction in health costs
and 28% reduction in sick days.
INTRODUCTION
Millennials, now the largest generation in the workforce, will
represent 75% of the global workforce by 2025.
This generation of employees are health-conscious, choosing to
work at companies that care about their wellbeing. The COVID-19
crisis will only intensify this sentiment.
Workplace wellness strategies amid this crisis can be an
advantageous investment for businesses looking to increase
employee retention, ensure smooth business operations and peak
performance.
WELLNESS IS A MUST-HAVE
After dealing with social distancing, stress and anxiety over the
pandemic, employers will need to put more focus on a holistic
wellness approach, including mental wellbeing and financial
security. A discounted gym membership and standard health
coverage will not be enough.
According to a 2019 MetLife survey, more than 50% of
respondents said they would be more interested in working for a
company, stay loyal to that company and be more successful in
their role if that company offered holistic benefits.
The term employee experience has stemmed from this holistic need
for wellbeing and a meaningful workplace environment. Talent
will be won or lost based on a company’s employee experience,
and McKinsey research indicates that employee experience is
essential for businesses to compete effectively, ranking it as one of
the top people initiatives for companies.
Employee experience requires a health-orientated workplace
culture to support the needs and desires of staff with personalized
experiences that motivate and encourage employee’s quality of life.
HOLISTIC WILL WIN OUT
COVID-19 has accelerated the focus of holistic wellness with
wellbeing emerging as the top-ranked trend in the 2020 Deloitte
Global Human Capital Trends report.
Whether employees continue to work from home or transition back
to the office, employers must look to provide a consistent well-
rounded wellness experience.
HOLISTIC WILL WIN OUT
A holistic wellness program requires a team of people who can
strategize, initiate, drive and review the program.
Although this role usually falls to HR, for real success, you may
want to bring in a corporate wellness expert for whom wellness is
the only priority.
For internal HR or Marketing teams, even with the best intentions,
competing priorities or constrained resources in their day-to-day
operations may risk wellness initiatives falling by the wayside.
Having a dedicated consultant expert that drives the wellness
strategy is a key step to effective engagement and beneficial
results.
DON'T LEAVE IT ALL TO HR
The new normal will include a bigger focus on digital health
offerings such as telemedicine, webinar seminars, and virtual
fitness classes. By incorporating virtual and on-site wellness
benefits into a program, employers can offer a program to staff
no matter where they are.
Focusing on the five pillars of health, including physical health,
mental wellbeing, social connection, financial security and
environmental safety, will provide a holistic approach to your
workplace wellness program.
Physical Health
Health experts predict that COVID-19 will increase healthcare
costs by 7% this year, on top of the 5% increase that was already
expected.
A weaker immune system can leave employees more susceptible
to contracting the virus, higher absenteeism, lower productivity and
higher healthcare costs. Plus, conditions such as type 2 diabetes
or hypertension may be made more difficult to manage through
limited exercise during lockdown, and chronic back pain may be
worsened by poor ergonomics in work-from-home settings.
PIVOTING POST-COVID
Thus, encouraging employees to manage their health via
convenient no-contact telemedicine consultations with relevant
healthcare providers will deliver a valuable service.
Online consultations may provide a flexible benefit for companies,
who may find remote working re-instated until a vaccine
treatment for COVID-19 is developed. Those who utilized
telemedicine and online consultations during the pandemic may
also appreciate the convenience of virtual care offered by their
employees.
One of the biggest opportunities will be on-site health screenings,
with more employees seeking preventative medicine measures
after COVID-19.
Hosting flu shots and biometric screenings offer cost-effective
ways to provide health benefits, helping employees to feel looked
after and employers to avoid losses in productivity through
sickness and absenteeism.
PIVOTING POST-COVID
Post the pandemic, everyone is going to need to move more again,
and businesses that offer fitness training will be appreciated by
employees. Offering a discounted gym membership may no longer
be enough though.
Instead providing a variety of exercise options, both in-person or
onsite and virtually through webinars and streaming video classes
may be preferred by both parties owing to the easy adaption and
flexibility.
According to a recent CDC study, 75% of healthcare spending goes
on treating chronic diseases such as diabetes and cardiovascular
illness, most of which can be resolved or improved through a
healthy diet.
Offering nutrition-based education, consultations or programs is a
simple and cost-effective way to target employee health post
COVID-19.
Nutrition can be addressed on-site or off-site with webinars,
nutrition newsletters and lunch n’ learns, to meatless Monday
recipes, healthy cooking competitions and providing healthy
snacks in the office.
PIVOTING POST-COVID
Mental Wellbeing
Mental health will become an even bigger focus after COVID-19.
The pandemic experience has caused high levels of stress and
anxiety around the uncertainty of this health scare and how our
healthcare system has been ill-equipped to deal with it.
The viral pandemic has brought into sharp focus what is important
to most people: physical and mental health and social connection
with family and friends. This will accelerate the need for a holistic
wellness approach.
If companies want to thrive post-COVID, mental wellbeing will
need to be a fundamental pillar of their workplace wellness
initiative to foster a healthy work culture. Gone will be the days of
overwork until burnout to measure productivity. Mental health
offerings may include stress-management consultations and
webinars, meditation classes, and flexible working hours.
Whether employees continue to work from home or return to the
office, providing a consistent holistic wellness experience that
empowers employees to balance their personal and professional
lives is a must.
PIVOTING POST-COVID
Social Connection
Social distancing and isolation during the pandemic have left
many people depressed and in need of social connection.
Lockdown has brought the importance of connecting with others to
the forefront, and employees will value a company’s efforts in this
regard.
Feeling part of a community is critical to long-term health, and
can bring immense satisfaction, helping to lower stress levels and
enhance immunity.
Health challenges and competitions are a great way to intertwine
a health initiative and social connection into one, offering
employees the opportunity to work towards common health goals
in a supportive community setting.
These can be as simple as recording water intake every day,
healthy cooking competitions or a 5k walkathon group.
PIVOTING POST-COVID
Be sure to publicly acknowledge participants and winners via
internal landing pages or newsletters and drum up excitement
and anticipation across departments for upcoming challenges or
competitions.
Leveraging video technology for meetings, instead of just phone
calls, as well as social ‘water cooler’ chat time with colleagues
will help foster social connections, reducing stress and relieving
the considerable toll we have all had to bear during our remote
working from home situation.
Remind your teams that they can feel connected to the workplace
and their colleagues for support with regular and consistent
communication.
PIVOTING POST-COVID
Financial Security
According to a recent survey by SHRM, two out of three workers
are anxious to return to work and 38% of service-based staff
report feeling tired, depressed and stressed.
The PwC 2020 Employee Financial Wellness Survey found that
almost 40% of employees are unprepared financially for the
economic downturn provoked by COVID-19, with more than half
stressed about their finances.
Financial stress is insidious and can lead to long-term health issues
if left unmanaged.
Career counseling and personal financial advisory consultations or
budgeting tools and webinars will serve employees well during
these uncertain times as part of a workplace wellness program.
PIVOTING POST-COVID
Environmental Safety
The easiest way to change an unhealthy habit is to change the
environment surrounding that habit. This is called nudge theory in
behavioral economics, whereby making subtle changes to the
environment can effortlessly influence behavior.
Organizations can use environmental cues to support employee
health by helping to build new habits.
PIVOTING POST-COVID
This can be done by making stairwells more inviting or slowing
down the elevator, offering virtual personalized coaching, having
regular team meditation meetings, establishing fitness sessions
with flexibility to exercise during the workday, and having physical
distance markers and easily accessible hand sanitizing dispensers.
One company creating innovative solutions is Social Bands, who
have developed different colored rubber wrist bands to help
people feel more comfortable to silently express their social
distancing preferences.
This affordable strategy can be used for returning-to-work
employees to easily communicate and respect distancing
inclinations of colleagues, so that employees can work their way
from red (no physical contact), to amber (elbows only) to green
(high fives, hugs and handshakes) at their own pace.
PIVOTING POST-COVID
One of the biggest failures with workplace wellness programs
is not employing a data-driven approach to employee wellness.
A study published by the Corporate Research Forum found that
only 26% of organizations leverage data to guide their wellness
strategy.
Without consistent data, wellness programs may fail to deliver
engagement and a return on investment.
There are multiple ways to collect data from online surveys,
focus groups, webinar forums or digital dashboards. The key is to
understand what wellness elements are most important to
employees and determine their current needs based on their
collective demographic and health status.
For example; if the majority of your staff are between 35-55
years, with families, managing parenting and work may be a
major concern, in which case a meal kit service, discounted
childcare and webinars on the challenges of COVID-19 as a
working parent may be most relevant.
A DATA-DRIVEN APPROACH
While the economy and work environment we operated in last
year is now very different for the foreseeable future, companies
will still want to compete for top talent.
Offering a holistic and appropriate workplace wellness offering
will have an advantage in these uncertain times.
A DATA-DRIVEN APPROACH
Engaging employees in a corporate wellness program will be the
biggest hurdle, especially as our work-lives pivot into unchartered
virtual territory post-COVID.
While a new strategy may take some effort initially, it may serve
companies well for remote staff, as well as on-site business
across multiple locations for years to come.
Incentives will continue to motivate employees to participate in
wellness programs, but certain incentives may need to be re-
imagined, such as tickets to movies or local sports events, if
staffers are unable to use these immediately or feel
uncomfortable to be in these spaces due to the pandemic. Gift
cards for home meal-kits, streaming services or online shopping
may become more sought after instead.
The tone of the wellness program is vital to ensure successful
engagement and repeated success. Expressing genuine care and
concern for staff through compassionate communication,
especially during these trying times, will set an empathetic voice
for the wellness program.
ENGAGING EMPLOYEES
Consistent messaging showcasing the benefits of the wellness
program for individual staff members and well-publicized
campaigns and newsletters across various mediums such as
intranet sites, slack channels, email, webinars, and on-site posters
will subtly encourage participation while reminding employees
that the organization is invested in their wellness.
Creating wellness champions is another way to disseminate
workplace wellness benefits and increase engagement. Using both
in-person and digital champions will be key to drive enthusiasm
amongst employees.
Providing these champions with a digital toolkit for engaging
teams will help them effortlessly promote the program across
various in-person and online platforms.
ENGAGING EMPLOYEES
Although some companies will have a knee-jerk reaction and
make budget cuts to their workplace wellness program, in
response to the pandemic. This will be a mistake.
COVID-19 has changed what employees need and expect from a
corporation in terms of their wellness. A robust corporate wellness
program can actually help control costs, including healthcare,
productivity, absenteeism, and retention, by helping employees
manage their health and wellbeing.
Now is the time to give your company an advantage over the
competition by pivoting your workplace wellness strategy and
provide relevant sought-after value for your employees, now and
in the future.
IN SUMMARY
MINDSH IFTME .COM
Taryn Stein is a wellness consultant supporting brands to
develop creative content, wellness strategies and health
offerings to customers and employees. If you would like to find
out more about working with Taryn, please get in touch:
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