05 April, 2024

What are wellbeing benefits and why are they an essential part of a modern HR policy?


Thank god: we live in a time when both mental and physical health are valued. That is precisely why wellbeing benefits have become a crucial aspect of any HR policy. These benefits, ranging from health care to sports facilities, play a key role in supporting a healthy and happy workforce. Mens sana in corpore sano. Let's dive deeper into the world of wellbeing benefits and their impact on the workplace.

Definition of wellbeing benefits

Wellbeing benefits are fringe benefits aimed at improving employees' physical, mental and emotional health. These benefits often include group insurance, hospitalization insurance, sports vouchers, meditation apps, extra vacation days, childcare support, food boxes,...

Why are wellbeing benefits important?

  • Increased productivity: Healthy employees tend to be more productive and less likely to be absent.

  • Improved employee satisfaction: Offering wellbeing benefits shows that a company values the well-being of its employees.

  • Attract and retain talent: Organizations that invest in the health and well-being of their workforce are more attractive to potential and current employees.

  • Sustainable HR policies: Wellbeing benefits contribute to a sustainable and forward-looking HR policy.

Examples of wellbeing benefits

  • Health care and insurance: This can range from basic health care to comprehensive hospitalization insurance.

  • Sports and fitness: Many companies offer sports vouchers or facilities to encourage employees to stay active (e.g., collectively renting a padel court to play sports with co-workers for 6 months).

  • Mental health: Access to psychological support or subscriptions to meditation and mindfulness apps.

Implementing wellbeing benefits

Implementing wellbeing benefits requires a thoughtful approach. Employers must understand the specific needs of their workforce and offer benefits that address those needs. Regular surveys and feedback sessions can help measure and improve the effectiveness of these benefits.

Invest in people's humanity

Wellbeing benefits are more than just a fringe benefit; they are an investment in the health and happiness of your employees. By prioritizing employee well-being, organizations build a strong, resilient and committed workforce.

Want to learn more about how wellbeing benefits can transform your organization? Contact us right away and we'll explain how you can even contain the costs around this with a flexible compensation plan.

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