(Solution) CIPD Explain the concept of wellbeing in the workplace and why it is important. (AC3.2)

Employees wellbeing is defined as emotions, psychology and physical state of health or contentment of the employees. It entail a feel of high-level engagement, energy, value and support in their roles (CIPD, 2023).

Importance

Work-life balance is essential for employees and employers. With appropriate work-life balance, stress and fatigue management is possible which reduce how people are struggling in balancing their workplace expectations and individual lives (Wedgwood, 2022). The staff with appropriate balance are happier, less likelihood of going to burn outs and engagement increased.

In an event the work-life balance is not a priority,  staff could be experiencing an increase in stress levels, being anxious and a feel of overwork and overwhelmed (AMFM, 2023). In Clean Quarter for example, this can lead to reduced motivation, engagement, and satisfaction. Further, physical health could be noted to have reduced when sufficient rest or self-care is not a priority. Considering employers, they are affected with poor working in terms of quality and productivity, increase in rates of being absent and turnover levels.

Benefits

Lower rates of Absenteeism– In an event the priority is on work-life balance, employees stress are reduced, burnout cases and fatigue. Hence, sickness days and mental health absenteeism is decreased.. Less absenteeism lead to costs savings in areas of reduced productivity (Folgers, 2021). The staff morale and consistent role implementation is also achieved.

Increased Performance– Employees provided with appropriate work-life balance benefit from an increase in engagement, motivation and ability of optimum performance. The reduced stress means that the employees energy/focus is not affected (Wedgwood, 2022).