A famous quote was once said by a one Richard Branson, the founder of the Virgin Group. It was simple, “take care of your employees and they’ll take care of your business”. He understands the importance of staff wellbeing in order to run a business that’s successful because, without them, your business won’t function. The same should apply to you as a leader of business and here are the reasons why.
Helps You To Keep Top Talent
You want your business to be the best in your industry so hiring and keeping the top talent is essential. High turnover in an organisation can reflect badly on the outside and shows an inability to keep staff. This can then affect the overall reputation of the brand is words gets out through websites similar to CareerBliss. If you keep your talent, it becomes less costly from a training perspective and allows the members in your team to grow and develop for the future. If you want your team to see you as being a good CEO, then reputation is everything. CEO reputation management is a great way to make sure that yours is the best it can be.
Improvement In Morale
Motivated staff are likely to perform better in their role and bring up better results. This is because they feel wanted and valued, so they wish to return the favour knowing they’ll get the effort back from their employers. The overall atmosphere of the business can also increase which can prove essential in building sales and providing better service for customers/clients.
Reduces The Chances Of Staff Being Sick
According to Statista, around 58% of US workers aged 18-30 took up to 5 sick days off in 2017. This is a rather large figure sick days off can lead to costly implications including staff turnover and a decrease in productivity. On the other hand, those who take less sick days off are likely to work harder and it can help to improve the overall productivity of teams considering fewer people are absent in the office. To help decrease the chance of sick days being taken by your staff, take steps such as gathering feedback on their work environment, adding greenery to your office and checking up on your ventilation systems regularly.
As mentioned before, increasing the wellbeing of your staff not only reduces the number of days they take off sick, but it can also help to increase their productivity due to how good they feel. A positive working culture can mean relationships between teams can increase which leads to higher levels of cooperation and better effectiveness. This can create better financial results for the overall business.
Is It Time For You To Consider Your Employees More?
Are you seeing signs of your employees becoming demotivated and regularly taking sick days? Maybe it’s time you took a stance to make sure your employees are working to the best of their abilities by checking on their wellbeing. In doing so, there can be great benefits not only for them but for the whole business. Taking the correct steps will help build a better future and keep your staff around longer.