Health & Benefits | Workplace & Happiness
There should be no doubt that if good benefits were being provided to the workplace’s team, in addition to a safe and happy environment, productivity will be elevated and subsequently fabricate more constructive financial and non-financial outcomes to the organization. Resulting from these inputs may be exampling the following, such as the top line and bottom line of the financial statements (more sales, lower cost, higher profit margin as well as dividends to shareholders). Of course, besides monetary rewards, companies shall also put good priorities to other indexes as using a range of benchmarks including reputation to get world attention or nationwide in each country to attract talents to join your workforce. Research has shown that a happy working environment is leading as the top reason most of the applicants chose to work in that company and they did a lot of surveys before engaging their employers to make sure this too. Definitely, we are not saying salaries, allowances, distance to home, working hours, job description and more of other factors will not be the top, but just that the vague combination could happen too as in “happy” can be end results from other privileges.
We take multiple measures as guidelines to create a happy workplace, but first of all, let us focus on its key element, the health & benefits. Healthiness can be meant to be the culture of the working environment, such as open and transparent. These are also huge topics to discuss, as most of the start-ups will have this type of element. They have less tendency to have decades of built-up political issues due to open type working space, industry (which is new, most likely), team size and entrepreneurship mindsets. A co-working area is the popular office rental model that most new enterprises will go to, it can reduce the stress from managing micro administration kinds of stuff such as electricity, water supply, cleaning, security, dispatch, receptions and also one of the essential one, the feeling of loneliness. Since co-working place will have other entrepreneurs or MSME (micro, small and medium enterprises) as well as multinational companies (MNCs) sharing the common working arena.
Healthiness can also further develop into the meaning of “healthy personnel”, they will be healthier if no over-time (OT) culture is placed into that company and many startups discourage overtime unless necessary to complete certain projects within a limited time frame. Most likely the out of working hours type of jobs will exist on the production floor, professional services such as law firms, accounting or audit firms or FMCG (fast-moving consumer goods) industries. However, it can also be changed through flexible working time as well as the venue. Since right after the pandemic (COVID-19 in 2019), many corporations have allowed their teams to have alternate days to work in an office, work from home (WFH) and also even the working vacation types from different countries or cities remotely. With the advances in technology developments, it no longer is compulsory for everyone to be in the physical office (same venue) but virtually connected through communication and working tools online. Providing a healthy and safe culture, environment and working modes can grant more talents to find happiness, higher retention rates and lower down costs due to inefficiency too.
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