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Gallop: Investing in Employee WellBeing Improves Company Performance

Gallop's most recent release of their "State of the American Workplace" finds that, on average, 70% of U.S. workers are not engaged in their work. They have "checked out" or are "actively disengaged". Gallop estimates that lack of engagement costs U.S. employers over $550 billion annually.

Gallop has found a strong link between employee engagement and company performance:

  • Work units in the top 25% of Gallop's engagement database have higher productivity, profitability, lower absenteeism, higher customer ratings, fewer safety incidents, and less turnover.
  • Having 9.3 actively engaged employees for every actively dis-engaged employee results in 147% higher earnings per share compared to the competition. 

The report identifies three ways to accelerate employee engagement, one of which is to enhance employee wellbeing. "By creating a culture of wellbeing in their workplaces, organizations not only help their employees become more engaged, they also help them thrive." 

Gallop's recommendations affirm that MBGH is moving in the right direction with our CEO Culture of Health initiative. Contact Cristie Upshaw Travis at ctravis@memphisbusinessgroup.org to learn how you can implement this effective program at your workplace. 

Specific recommendations concerning wellbeing include:

  • Make wellbeing an organizational strategy. "Healthy behaviors are contagious." Capitalize on the "powerful chain of influence" that team members have on each other and, remember that leadership that is thriving in their own wellbeing is likely to have more thriving employees. 
  • Communicate a commitment to wellbeing in all the organization's programs. Help employees know what they can do to make a personal commitment to their own wellbeing through company-sponsored benefits and programs such as health risk assessments, exercise machines, nutrition information, and EAPs.
  • Hold leaders accountable for wellbeing programs. Track results and measure effectiveness of wellbeing programs.
  • Consider embedding wellbeing goals into personal development golas. Create ways to encourage and support peer discussion on wellbeing topics.
  • Set positive defaults for making positive choices. Make the healthy choice the easy choice. Make it easy to participate in wellbeing programs. Make the healthy choices in the vending machines the most accessible choices. Create ways to build active living into the day-to-day work routine.

Read more about MBGH's CEO Culture of Health initiative.

Posted by Cristie Travis at 7:39 AM

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