The majority of UK workers, 59 per cent, are more likely to stay at an organisation that measures wellbeing and tracks progress over time to easily identify areas of improvement, according to YuLife.
According to a report by YuLife based on YouGov survey data, the percentage varies by age group; 71 per cent of Gen Z (18–24) and 45 per cent of those over 55 agree. According to YuLife’s research businesses strive to lower employee turnover by developing a caring culture for the younger workforce in order to keep top talent. Improved employee experience depends on having access to actionable data.
The research found that organisations have recently placed a higher priority on employee wellness for improved financial, mental, and physical health, which has an effect on employee happiness. But 7 out of 10 working people don’t feel that present wellbeing programmes are there for them. Only 53 per cent of respondents claim that their company gathers data annually, which limits the perceived impact of these programmes.
The research also found that only 9 per cent of respondents have provided feedback on well-being programmes and 52 per cent think leadership won’t take it into account. Employer demands are taken into account when designing effective wellness initiatives by HR decision-makers. But only 37 per cent of HR experts use data to guide their decisions.
Engagement and productivity are impacted when employees frequently feel ignored according to YuLife. The data suggests that knowing how to use feedback motivates 72 per cent to contribute more, and 67 per cent to be more honest. Data operationalisation encourages trust and helps strategic decision-making, resulting in good change among employees.
YuLife CEO and founder Sammy Rubin says: “Today, more than ever, it is crucial for employers to meaningfully look after their people. Employers are now able to harness data and technology to drive scalable, purposeful changes to the wellbeing of their employees and organisation. This survey demonstrates the need for employers to embrace a culture of improvement and make a lasting impact with a data-driven wellness programme.
“Employees are looking for personalised experiences and by continuously monitoring the impact of employee wellbeing, employers can ensure benefits offered are aligned with what the workforce wants. With this in mind, organisations can continue building and strengthening their employee value propositions, as well as adapting to changing wants and needs.”
