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Employee engagement is critically low globally, with engagement levels averaging around 23%. This has significant financial implications, costing companies 15% to 20% of their total payroll due to voluntary turnover. Addressing this issue, Jennifer Kraszewski, the Chief HR Officer at Paycom, underscores the necessity of a holistic approach to employee well-being to counteract the risks of stress, burnout, and attrition. One effective strategy is to designate well-being champions within HR. These individuals focus on understanding the unique motivations and needs of employees across different departments, ensuring that well-being initiatives are tailored and effective. Another crucial aspect is providing comprehensive physical health benefits that go beyond the basics like health, vision, and dental insurance. This includes offering programs like nutrition coaching, fertility benefits, group fitness activities, and preventative exams without cost to employees. Mental health support is equally important, with a significant portion of U.S. employees experiencing mental health issues. Companies should cover mental health care costs and promote an environment where these issues can be openly discussed. This can be facilitated by having onsite well-being advisors and regular communications about available mental health resources. Lastly, fostering a workplace culture that encourages transparency and open dialogue is vital. This involves creating spaces where employees can be authentic and feel heard, which is essential for a thriving workplace community. Employee resource groups and monthly facilitated conversations on diverse topics can help enhance this environment. By integrating these strategies, businesses can significantly improve their employees’ holistic well-being, leading to a more engaged and productive workforce. READ more at: https://lnkd.in/gFhTH3tS #EmployeeEngagement #HolisticWellbeing #HRStrategies #MentalHealthSupport #PhysicalHealthBenefits #WorkplaceCulture

Council Post: 4 Strategies To Enhance Employees’ Holistic Well-Being

Council Post: 4 Strategies To Enhance Employees’ Holistic Well-Being

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