12th July 2018

Employee wellbeing and the shift in workplace culture

With recent reports in the press from recruiters highlighting low candidate availability and staff shortages in certain industries, workplaces are increasingly having to invest in alternative methods to recruit and retain their workforce.

Research has shown that as businesses continue to embrace the digital age, traditional businesses must transform or else risk vanishing into an online world, and the resulting mental and physical impact on business leaders and employees within their organisations is huge.  Because of increasing workloads (and often workplace stress), there is a growing need for businesses to create structures and systems to support their employees’ mental wellbeing.

Three in five employers say that the area of employee wellbeing they are most concerned about is mental health.  According to the ONS,  stress depression and anxiety are now the biggest reason for workplace absence. Unsurprisingly, an employee is far more likely to be up front with their employer about a physical injury or illness as a reason for workplace absence; unfortunately, mental health is still one of those issues which is stigmatised and rarely addressed.  Talking openly about mental health and promoting the positive mental wellbeing of employees is a factor which is shaping new workplace cultures.

In today’s economy, it is becoming clear that organisations who understand the value of and importance of employee wellbeing are far more likely to succeed in retaining talented employees to ensure their businesses are sustainable. Many workplaces are now offering flexible working, resilience coaching, mental health programmes and support, cycle to work schemes, fitness programmes and gym subsidies as practical initiatives for their employees. Businesses investing in these benefits ensure that the mental, physical and financial wellbeing of their workers are looked after which in turn ensures that their businesses are sustainable in the long term. It’s interesting to see the PRCA has now introduced mental wellbeing sessions to its training offer.

Here at CubanEight, recognising how hard everybody works as part of the team, we offer various initiatives to attract new people, retain our best employees and ensure that staff are happy on a day-to-day basis.  Our team benefits from flexible working initiatives, an annual wellbeing allowance, regular team building events, outings and monthly team lunches on top of a defined career development programme. Our career development plan focuses on the employees’ needs for growth and development as well as the assistance we as an organisation can provide to make sure they have the opportunity to grow their careers in a happy and healthy working environment.