Why India’s Corporate Sector Urgently Requires Holistic Wellbeing At The Workplace?

India’s corporate sector has experienced substantial growth over the years, positioning itself as one of the most significant contributors to the country’s economy. However, this growth has come at a cost – the wellbeing of the workforce. Stress, burnout, and mental health issues are on the rise in the Indian corporate lifestyle. This calls for a paradigm shift towards a holistic approach to employee well-being, where not only physical but also mental, and emotional health is given due attention.

In this blog, we will delve into the valuable reasons why corporate well-being at the workplace is a must.

1. The Productivity Puzzle
While India’s corporate sector has shown remarkable growth, it has also witnessed a paradox – a dip in productivity. Despite long working hours, many employees struggle to meet their targets, primarily due to stress and burnout. An all-round approach to employee wellness can help counter this trend by enhancing employee productivity.

Food for thought: A happier, healthier workforce is a more productive one.

You can start by enrolling for corporate group physical programs like regular exercise and nutrition seminars. This will not only boost energy levels on the corporate floors but also reduce fatigue and encourage productivity. Additionally, mental health support can help employees manage stress, anxiety, and depression, indirectly improving their focus and problem-solving abilities.

2. Employee Retention and Attraction
In the corporate world, retaining top talent is as crucial as attracting it. A well-rounded well-being approach can be a game-changer in this regard. Organizations that prioritize their employees’ well-being are more likely to attract and retain the best talent. On the other hand, employees value being associated with organisations that genuinely demonstrate care for their employee’s happiness and health.

Food for thought: Wouldn’t you want your great workplace environment to be viral?

Companies that offer flexible working arrangements, mental health support, and opportunities for skill development are more appealing to potential hires. A reputation for a positive workplace culture can be a powerful recruiting tool.

3. Cost Savings
Investing in employee wellbeing isn’t just about unselfish concern; it’s also a smart financial decision. High levels of stress and poor mental health can lead to increased absenteeism and diminishing productivity. Mental health issues cost businesses significantly in terms of healthcare, reduced performance, and high employee turnover.

Food for thought: The best workplace environment is where people want to join and current employees don’t want to leave.

A holistic approach to well-being can reduce these costs. By providing employees with mental health resources, stress-reduction initiatives, and a supportive environment, companies can save money in the long run.

4. Legal and Ethical Responsibilities
India’s labour laws are evolving, and employers are increasingly held accountable for their employees’ well-being initiatives. Neglecting this aspect could lead to legal issues, damaging the reputation of the company. Moreover, there’s an ethical responsibility to ensure that employees are not only safe at work but are also flourishing.

Food for thought: Corporate ethics and corporate wellness are now important prerequisites evaluated by most job applicants.

A holistic well-being approach is not only a legal requirement but also the right thing to do. It reflects positively on the company’s image and demonstrates its commitment to ethical practices.

5. Innovation and Creativity
In a rapidly changing business landscape, innovation and creativity are invaluable. Stressed and unhappy employees are unlikely to be at their highest performance peak. To foster innovation, companies must create an environment where employees can think freely, experiment, and collaborate effectively towards one organisational goal.

Food for thought: The best organisations in the world house the best talent making them globally renowned for their products and services.

Holistic well-being programs can facilitate this by reducing stress and fostering a culture of support and positivity. Employees who are satisfied and healthy are more likely to come up with innovative ideas and solutions, driving the company’s success. Additionally, word of mouth works wonders if your organisation follows great employee ethics.

6. Social Responsibility
Companies are increasingly being evaluated based on their social responsibility practices. A holistic approach to wellbeing aligns with these principles, as it involves caring for the physical, mental, and emotional health of employees.

Food for thought: It is important to give back to society by showing your gratitude.

Organizations that actively promote their social responsibility are more attractive to socially conscious consumers and investors. Demonstrating a commitment to employee well-being can be a significant factor in building a positive public image.

7. Work-Life Balance
The traditional Indian work culture has often leaned towards long working hours and high pressure. While this may have been the norm, it’s not sustainable in the long run. Employees need a balance between work and personal life to remain healthy and happy.

Food for thought: The key to achieving serenity at the workplace is to master the art of balance.

A holistic approach to wellbeing emphasizes the importance of work-life balance. Flexible work hours, remote work options, and wellness programs can help employees manage their personal and professional lives more effectively, leading to greater job satisfaction.

Think over this

In today’s fast-paced corporate world, India’s corporate sector urgently requires a holistic approach to wellbeing at the workplace. Employee well-being is not just a moral obligation but a strategic move that leads to enhanced productivity, diminished expenses, and the attraction and retention of cream talent. Companies that embrace this approach will not only benefit financially but also ethically, socially, and culturally. As the Indian corporate sector continues to evolve, the well-being of employees must be a top priority to ensure a brighter, healthier, and more prosperous workplace future.

Shifakhana, a renowned healing centre in Pune aims at making this world a more than wonderful place to live in through its infinity healing formula: Herbal medicine, yoga and meditation and cupping therapy. The cherry on the cake is corporate wellness, which can be very well achieved with customised professional corporate interventions.