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Business Management Review | Tuesday, January 25, 2022
Employee wellness programs are earning grounds and aim to enhance employees’ well-being, ultimately improving their engagement levels and productivity.
FREMONT, CA: Employee wellness programs are getting recognition mainly because they allow organizations with the infrastructure to individually concentrate on the individuals, thereby motivating and engaging the employees. Several trends are emerging intending to ensure that the employees’ health and well-being continue to progress from an individual as well as from an organizational point of view.
Following are the emerging trends that will shape the employee wellness programs in the future:
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Privacy Concerns
Data security is not only confined to the IT department. As per a report, the amount of employee wellness data collected via surveys, wellness portals, gym records, wearable devices, and lab tests in increasing exponentially. Companies are predicted to be transparent with their employees about who has access to their health records. Employers are also tasked with assuring that their wellness vendors keep the best security, data privacy, and compliance standards.
Prioritizing Self-Care
Apple filed self-care as the trend of the year in 2018. The trend is expected to proceed in the future, as well as people view self-care as an essential ingredient and not just as an indulgence. A feature of self-care that has been on the rise in the workplace is heedfulness practices. Some major firms are offering it to reduce workplace stress and increase productivity.
As more employers emphasize holistic wellness, self-care practices will continue to evolve in the corporate world. As per the Harvard Business Review, wellness programs don’t work unless an acceptable culture encourages prioritizing self-care.
Addressing Burnout
With modern life’s hectic pace, employees are under more pressure than before. As per a recent survey from Gallop, 44 percent of employees reported burnout at work. Employee burnout impacts every industry, resulting in a loss by reason of productivity, errors, and poor engagement.
Each manager should be mindful of the signs of employee burnout to take appropriate steps to help employees. Burnout can be prevented by supporting employees to recharge and relax via mid-day breaks, suggesting better sleep habits, and offering flexible schedules.
Personalization
Every individual is unique and faces a fantastic set of challenges. However, everyone needs different solutions. Artificial intelligence (AI) impacts the corporate wellness industry by offering a more personalized experience to employees. Transformative technology enables employees to access information that is timely and relevant to them. Wellness programs will also allow for creating a better user experience by leveraging data based on employees’ preferences and wellness goals.
Digital platforms are still growing without any signs of slowing down. If the budget is not enough to invest in technology, personalization can also be achieved by asking for employee feedback.
Financial Fitness
Entry to financial wellness programs is growing. According to the Employee Financial Wellness Survey, 2018, 14 % of employees could access resources or programs their employer offers to improve their financial well-being. The survey also stated that 63 % of workers who had access to financial wellness resources used them, and 53 % of the employees without any access to financial wellness plans said they expected their employer to offer one.
Financial worries are not only confined to the individual. Instead, it spreads into the workplace too. Employers with economic issues can also result in a considerable loss in work errors and productivity. An effective wellness program should encourage emergency savings, budgeting, debt elimination, and retirement planning.
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