I sometimes hear leaders say that wellbeing is great, but ultimately profits are what matters. Recent research shows, though, that wellbeing is what drives profit. Companies that prioritize wellbeing generate better profits, higher valuations, and outperform the stock market. Yet, only 29% of people thrive at work, and merely a third of managers have a wellbeing strategy. This wellbeing deficit affects millions of lives and causes significant economic losses.
Oxford’s Wellbeing Research Centre defines wellbeing by measuring happiness, work satisfaction, purpose, and stress levels. Factors like inclusion, support, growth, and belonging impact wellbeing. Embracing employee wellbeing is crucial for individuals–and companies–to thrive.
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