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Neglecting employee’s well-being in the workplace: Consequences & how to cope!

Jul 15, 2023 | Leadership

Why should workplaces prioritize employees’ well-being as their central challenge?

It’s natural to face difficult phases at work, but it becomes problematic when these difficulties linger. This can have a negative impact on collaboration, communication, motivation, efficiency, and team participation.

The factors that typically come to mind when we talk about well-being at work, are the environment we work in, the team we work with, the tasks we are assigned, and our financial compensation. These are all important considerations when choosing a company to work for. However, what happens when employees embark on their job and come across unforeseen obstacles?
How is their efficiency and productivity affected? This is where the term “efficiency” is crucial: how can one perform at their best? What factors influence efficiency? Are efficiency and productivity the same?
Studies show that efficiency fosters positive environments for teams and companies.

Looking at the definition in the dictionary, efficiency allows one to perform or function in the best possible manner with the least waste of time and effort; having and using requisite knowledge, skill, and industry; competent; capable. While, the definition of production remains in the quality, state, or fact of being able to generate, create, enhance, or bring forth goods and services. Companies often prioritize productivity over efficiency, leading to resource waste in some cases.

What about the invisible issues that management may not have the time or resources to address?

It’s worth noting that even if a company offers competitive compensation, exciting projects, and a great team, hidden issues can still negatively impact employee efficiency, happiness, well-being, and motivation.

Therefore, it’s vital for companies to not only address the visible factors but also the hidden ones to ensure a positive and productive work environment.

It is important to mention there are certain unseen factors that can impact a company’s efficiency, productivity, image, and revenues. If these underlying problems are not dealt with, they can negatively affect both employees and employers. Hence, it’s crucial for both parties to take the necessary steps to tackle these issues.

For employees, leaving their current job is never an easy decision. They understand the risks and consequences of moving to another company. However, they would still prefer to take the leap of faith rather than remain in a company where something is amiss. This can potentially harm the company’s reputation and image.

On the employer’s side, finding a suitable replacement for a departing employee can be a costly and time-consuming process. When someone leaves, it can affect various departments and clients, leading to breakdowns in internal and external communication. Therefore, it’s essential to address any root causes to prevent employees from leaving the organization and ensure the company’s continued success.

It is often overlooked by companies how detrimental it can be to lose crucial members of their team. While it may be a common belief that anyone can be replaced, the truth is that the loss of a valuable employee can come with a significant cost.

What actions are you taking within your organization to improve the mental well-being of your employees?

Ceicia offers effective solutions to foster continuous improvement and minimize the risk of losing valuable talent.

Stay tuned. Ceicia publishes one article per month, related to different subjects.
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