Jul 07, 2020 in Viewpoint
3 drivers behind the rise of workplace well-being
The role of the office is changing, and people are changing along with it. Employees no longer choose a careerlong relationship with a company, they often choose severable ones. The result? Businesses are feeling the effects of employees feeling free to leave. This makes competition a reason to focus on employee well-being. But there are more drivers behind this change. What lies behind the rise of workplace well-being?
Top-performing employees burn out
One of the more disturbing trends of the past two decades is the way productivity has flatlined even as work hours skyrocketed. Employers are frequently seeing top-performing employees burn out. Luckily, consensus shifted to acknowledge that when dedicated employees stop functioning at a top-level, it may not be an employee failure but a company one. So, what should companies do to prevent burnouts? Yes, shift their focus to well-being, especially after COVID-19.
Well-being in the war for talent
But it’s not only the increase of burnouts that make well-being more important. It’s also about the needs of employees. Employees –and especially millennials– are looking for more than just a job. They want to make an impact. They want organizations and offices to fulfill their wants and needs.
Besides the needs of employees, the increasing globalization and specialization of skill sets have also created an environment in which businesses compete fiercely to fill roles that previously had good candidates fighting for them. Both of these topics come down to the war for talent. As an employer, you should focus on what you have to offer as a company. Think about the physical workplace, but also more abstract needs as autonomy and companionship, now employees are more frequently working from home.
American Psychological Association
“89% of workers at companies that support well-being efforts are more likely to recommend their company as a good place to work.”
The shift in skill sets of employees
As we already mentioned, the specialization of skill sets of employees is changing. We need complex problem-solving as the number one skill, according to the World Economic Forum. And as the digital and automation processes take over more of our responsibilities, we also need employees who are creative and innovative – things a robot can’t be. But those skills come more easily to healthy and happy employees in companies where well-being is a priority.
Mapiq’s pyramid of workplace well-being
So, burnouts, the war for talent, and the shift in skill sets of employees lie behind the rise of workplace well-being. But what can companies do to make sure employees can reach their full potential? The Mapiq pyramid of workplace well-being is created to address these questions. We started with Maslow’s hierarchy of needs and expanded his ideas to the complex system that we call a well-performing organization. But most importantly, we looked at how smart technology can play a part.
Curious to learn about Mapiq’s pyramid of workplace well-being? Download our research paper. Are you interested in finding out how you can support workplace well-being now and after Corona? Download our handout here.