Workshops

Building the Business Case for Investing in a Well-Being Strategy

Written by YMCA WorkWell Team | Sep 11, 2024 5:51:02 PM
 
There are so many demands on our resources, and we already have a wellness program; why should we invest further in employee well-being? What is the return on impact? How can we build a business case to advocate for greater investment in our organization?
 
In this session, we will delve deeply into these questions and more. We will explore the distinction between wellness and well-being, highlighting how well-being encompasses a broader, more holistic approach to employee health, including mental, emotional, and social aspects, beyond just physical health.
 
We will discuss why well-being is so crucial to your organization, not just for improving employee satisfaction and retention, but also for enhancing productivity, reducing absenteeism, and fostering a more positive workplace culture.
 
Additionally, we will provide actionable insights on how you can transition from merely understanding these concepts to implementing effective strategies that lead to tangible impacts.
 
Through a well-being strategy, you can transform insights into action and ultimately achieve significant, measurable improvements in both employee well-being and organizational performance.
 
Learning Outcomes
  • Distinguish between wellness and well-being, and discuss the implications for your organization
  • Apply the components of a strategic business case to a potential well-being initiative for your organization
  • Identify common pitfalls and how to avoid or mitigate them in building a business case