{"id":448,"date":"2023-06-29T09:25:24","date_gmt":"2023-06-29T09:25:24","guid":{"rendered":"https:\/\/iqeq.com\/ie\/insights\/why-wellbeing-in-the-workplace-matters\/"},"modified":"2024-08-16T12:59:53","modified_gmt":"2024-08-16T12:59:53","slug":"why-wellbeing-in-the-workplace-matters","status":"publish","type":"post","link":"https:\/\/iqeq.com\/ie\/insights\/why-wellbeing-in-the-workplace-matters\/","title":{"rendered":"Why wellbeing in the workplace matters"},"content":{"rendered":"
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Wellbeing doesn\u2019t just include physical health \u2013 it also includes mental health, emotional health, social wellbeing, and our relationship with finances and the environment. Looking after our overall wellbeing means measuring how we\u2019re coping with each facet on the spectrum and addressing concerns to improve our lives.<\/strong><\/p>\n

Intuitively, it makes sense that if a person\u2019s overall wellbeing is positive, they are going to be happier and more engaged at work, performing well and developing positive relationships with colleagues and clients. And vice versa \u2013 if a person is unhappy at work, it will negatively impact their overall wellbeing.<\/p>\n

Employers play an influential role in the wellbeing of their employees<\/h2>\n

At IQ-EQ, we want everyone to feel cared for and happy. We have identified four areas of employee wellbeing that we can positively impact:<\/p>\n

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  1. Psychological and emotional<\/strong> (mental health)<\/li>\n
  2. Social<\/strong> (connectedness\/belonging)<\/li>\n
  3. Financial <\/strong>(minimising financial strain)<\/li>\n
  4. Physical <\/strong>(staying active)<\/li>\n<\/ol>\n

    As a company where EQ is central to our brand<\/a>, our people\u2019s overall wellbeing is a critical part of our employee value proposition, now and into the future.<\/p>\n

    Backed by research<\/h2>\n

    Of course, there is a lot of research driving the support of wellbeing in the workplace; Gallup<\/a> is a leader in this space. Their research shows employee wellbeing is critical to employee engagement, which in turn impacts business performance.<\/p>\n

    Gallup addresses wellbeing under five key areas: career, social, financial, physical and community. In their research, in response to the question, \u2018Do you like what you do each day?,\u2019 only 20% of respondents answered \u2018yes\u2019. Similarly, Deloitte<\/a> estimates that poor mental health costs UK employers up to \u00a345 billion per year.<\/p>\n

    Worryingly, \u2018burnout\u2019 has increased<\/a> over recent years as changes in how we work can negatively impact our wellbeing. Research<\/a> in this area shows how employees can feel let down by their place of work. They may feel:<\/p>\n