Why are businesses investing more in wellbeing following the pandemic?

Employee wellbeing is not a new buzzword, but it is being taken more seriously in the wake of the pandemic. It is proven staff stay with companies where they feel their physical, social, mental and emotional health is looked after – especially after Covid-19 and the move to homeworking brought these issues to the fore.

The Royal College of Psychiatrists says one in five adults suffer from depression, so it’s perhaps no surprise new job applicants look for positions which prioritise wellbeing along with benefits like remote and flexible working.

A 10-year motivation study of more than 200,000 people found when employers are good at ‘recognising’ their staff they have a lower turnover rate, see better business results and are seen as good communicators, trustworthy and accountable.

Employers recognise by improving how colleagues work together boosts wellbeing, and many are turning to team building to improve self-confidence and relationships. Indoor, outdoor and even virtual events – for those still unsure about meeting in person – are designed to help people bond and form long-standing relationships.

Other ways to boost morale and show appreciation to staff includes events like awards dinners, summer parties and annual Christmas get-togethers.

Joe Garland, director of team building and events business Eventurous said: “We’ve seen a rise in companies wanting bigger and better events after the pandemic to bring their teams together and show staff how much they are appreciated. Some events can last days and really boost staff wellbeing. We’ve heard how it translates into the working environment too and colleagues are working better together.”