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Workplace wellbeing: Stop focusing on individual ‘fixes’ and address the elephant in the room
HR Zone
Before employers throw their hands up in the air and cancel their subscriptions to digital wellbeing apps and mental health platforms, let’s be clear on one thing: wellbeing is a crucial investment in the workplace.
According to a recent study by the Wellbeing Research Centre, organisations with higher subjective wellbeing outperform the stock market. And not just by a small margin. They saw an 11% greater return than the S&P 500 in the first half of 2024.
Given that investing in wellbeing is a business and people imperative, that still leaves us with the question of how to make workplace wellbeing work for your organisation. Earlier this year, a new study by Oxford University’s William Fleming examined the impact of various wellbeing interventions such as mindfulness classes and wellbeing apps. It found that almost none of these solutions had any statistically significant impact on employee wellbeing.