Natasha Tiwary

Prioritizing Workplace Wellbeing: A Strategic Imperative for Organizational Excellence | Natasha Tiwary | Country HR Head | Abbvie India

Natasha TiwaryIn this ever-evolving digital era, the world today is moving at a rapid pace with business and professionals working to solve never ending corporate challenges. As the complexity of the workplace rises and work-life boundaries blurring, fostering a work environment that enables employees to build a holistic well-being has become increasingly imperative.

A Holistic Approach to Wellbeing
With the world getting into the hustle culture, it has become important for us to not only focus on our physical health but also our mental health. Therefore, it has become important for workplaces to cultivate a culture where employees feel valued and appreciated. This can be done through creating policies and culture that promotes work-life balance and fosters recognition and inclusivity. As per a 2024 study by Forbes, organizations that prioritize employee wellbeing are better equipped to attract and retain top talent, enhance engagement, and improve overall performance. This shows organizations establishing a workplace where employees feel secure and supported, drive positive business outcomes and build an engaged, efficient workforce.

Global Trends in Employee Wellbeing
People put their best efforts when they are at their best. That is why it is important for companies to support employees with their physical, mental, and financial well-being, especially in today’s fast-paced world. As per a report by McKinsey, organizations with robust wellbeing programs witness higher productivity and lower absenteeism among their employees. Therefore, by recognizing their employees and building a culture of appreciation, organizations can reduce turnover and improve retention rates. And with the world focusing on mental wellbeing and virtual wellness initiatives gaining momentum post the pandemic, organizations are leveraging digital tools to support their employees’ mental, physical, and social wellbeing. Additionally, the proliferation of smartphones and accessibility to internet as led to increase reliance on digital gadgets for both work and leisure has made virtual wellness initiatives an utmost important step for organizations.

Employee Wellbeing in India
The rising awareness around the importance of mental health, in India, has led to corporate sector to take initiatives and create policies that support the holistic wellbeing of its employees. With work hours increasing and technology pushing boundaries of time, has led to exhaustion among employees. As a result, it is imperative for organizations to implement a positive work culture to help their employees to achieve the most. This had led to companies recognizing this, increasingly addressing lifestyle disorders such as hypertension and diabetes—common among employees due to sedentary lifestyles and high-stress environments—by implementing innovative wellness programs.

Health and Wellness Programs
Organizations, across the globe, are integrated, tailor-made programs to meet the evolving workplace requirements. Some of these platforms are Employee Assistance Programs for mental health support, social connection initiatives, physical fitness sessions, and financial literacy workshops. Flexible work arrangements—such as hybrid models, part-time roles, remote work, job sharing, shift adjustments, and compressed workweeks—are also becoming commonplace. These offerings include both financial and non-financial benefits that boost individual and team performance while aligning with the organization’s goals and values.

Administration Support
For the successful implementation of wellness initiatives will require the collaboration of HR department finance leaders. The teams must work together to ensure budget allocation, health and safety personnel maintain a safe environment, and total rewards teams integrating wellbeing into compensation structures. This approach will help in building a robust framework that prioritizes employee wellness and engagement.

Organizations must allocate resources based on insights from internal and external surveys and regular employee feedback to optimize these initiatives. Leadership teams must conduct regular review and enhance benefit offerings to ensure they remain relevant and impactful.

Conclusion
As organizations navigate the complex post-pandemic work environment, a steadfast commitment to employee wellness is paramount. Therefore, investing in creating comprehensive benefit programs is not just a corporate responsibility, but it is a strategic obligation that maximizes business outcomes. Prioritizing wellbeing creates a win-win scenario for both employees and employers, fostering a thriving and resilient workplace.