Career well-being: What is it and why is it important for your business

BlogHR Advice Posted: Tuesday 27th March 2018 by

The Investors in People employee sentiment poll (otherwise known as the ‘employee happiness’ survey) measures major trends across the UK workforce. The Job Exodus Trends 2016 report revealed that nearly ⅓ of UK employees are unhappy in their jobs.

– 43% stated that unhappiness at work stems from poor management

– 39% said they are not valued at work

– 38% feel they are underpaid

– 29% said they have no clear plans for career progression

– 23% are unhappy with the hours they work

– 22% feel a lack of training plays a part in their unhappiness

– 15% do not get along with their colleagues or managers

These figures reveal that there are many reasons that your employees could be looking to leave your business. Although pay is a factor, it is not the only part to play in the career well-being of your staff.

Last week we blogged about non-financial ways to show how much you appreciate your employees without financial incentives. However, career well-being of your employees is more just incentivising. It’s about helping them to feel good about the work they do and ensuring they are happy, healthy and successful in the workplace.

Happy employees are likely to work harder, stay with your business for longer, and be more productive.

Three tips to boost career well-being for your employees

A well-rounded career includes more than just paid work: offer your employees opportunities to volunteer with local charities and community groups that they care about.

Non-profit organisations such Employee Volunteering CIC supports employers to implement volunteering programmes into their business strategy. Research has suggested that more than 75% of employees who are given time off from their paid job to volunteer view their employer in a more positive light.

Add social elements to inspire collaboration: social interaction is of critical importance to career well-being. As well as a fundamental human need, socialisation significantly uplifts employee satisfaction and sense of inclusion.

Organising social events such as team-building days and lunch gatherings will go a long way towards fulfilling the social needs of your staff. Social events will also help your employees to get to know each other on a personal level, which plays a vital role building relationships and trust.

Provide a healthy work environment: the environment in which your employees work is crucial to their career well-being. Employees who feel that their physical and mental health is important to the business will have a natural inclination to stay put.  

A healthy workplace doesn’t have to include fresh fruit on every desk and an in-house masseuse (unless you have the budget, in which case your employees will love you for it!). Simple things such as encouraging interdepartmental step count competitions. Or, providing free tea, coffee, water, and juice.

Stress management, mental health awareness training, flexible working hours and discounted gym memberships, are all part of healthy workplace planning.

Many companies use these health and wellness benefits as part of their recruitment and retention strategies. After all, a healthy employee is a happy employee.

 

Career well-being is no longer the sole responsibility of your employees. The most responsible employers will dedicate considerable time and resource to ensure the careers of their staff are well catered for.

To learn more about how to retain your best employees, read our blog post that touches on this topic, or call our expert HR team in confidence.

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