What leaders could be doing about wellbeing in a recession
Are you scratching your head and losing sleep over all the bad news and circles that have to be squared at the moment? You’re not alone. Wellbeing is one of those circles which became a focus during the pandemic and is not going away, especially given all the current economic causes of anxiety. A looming recession is not going to help either, as all that ushers in, tighter budgets and possible unemployment appears to be on a collision course with prioritising wellbeing in a company. Or is it?
So, the first way to build a wellbeing culture in a company is to consult the workforce and build in what contributes to productivity, allowing flexibility for employees to choose how, where and when they work.
None of this is any good for the stress levels of senior executives whose instincts may be to invest in monitoring tools as a way of dealing with their anxieties and insecurities. The second way to build a culture of wellbeing: leaders need to invest in their own wellbeing needs, addressing their own understandable anxiety.
The third of way of building a wellbeing culture is to consult them about their wellbeing needs. We can offer a survey which will give you this information and then it’s up to you to decide where you want to invest. We know budgets are tight and this will ensure the investment goes where it’s most needed and can have the greatest impact.
For more information contact Hilary Rowland