As the world of work continues to evolve, Indian employers are becoming increasingly aware of the importance of prioritizing employee well-being. A recent survey conducted by global advisory, broking, and solutions company WTW reveals that diversity, equity, and inclusion (DEI) programs are emerging as the top driver for benefits strategies in India.
The survey found that DEI programs, which include inclusion and diversity training, accessible office spaces, gender-neutral company communications, and inclusive benefits options, are the top social well-being initiative provided by Indian organizations.
This article will explore the survey findings and discuss how Indian employers prioritize employee well-being and focus on diversity, equity and inclusion.
The Four Pillars of Well-Being in the Workplace
To ensure employee well-being, Indian organizations are prioritizing efforts across the four pillars of wellness in the workplace. These pillars include physical, emotional, financial, and social well-being.
- Physical Wellbeing: Companies are offering wellness programs and health risk assessments to encourage healthier living.
- Emotional well-being: Employers are developing mental health strategies and employee assistance programs to support the mental health of their employees.
- Financial well-being: Companies are addressing this through financial education programs and benefits that cover financial planning and insurance.
- Social well-being: Employers are implementing DEI programs to foster inclusive workplace cultures and support team building.
As Indian organizations prioritize employee well-being across these four pillars, they are recognizing the importance of taking a comprehensive approach to workplace wellness.
In order to foster a more engaged, happier, and healthier work environment, companies provide resources and support across all four pillars.
Prioritizing Inclusivity and Belonging
In Indian organizations, diversity, equity, and inclusion (DEI) programs are emerging as the top driver for social well-being. These programs include inclusion and diversity training, accessible office spaces, gender-neutral company communications, and inclusive benefits options.
The WTW survey found that 71% of Indian organizations provide inclusion and diversity training, 71% have accessible office spaces, and 62% offer inclusive benefits options.
The survey also found that some companies have gender-neutral restrooms (33%) and diversity scholarships (20%). By prioritizing DEI programs, organizations are taking a crucial step toward creating an inclusive workplace culture where all employees feel valued and respected.
DEI programs play a crucial role in promoting social well-being, and Indian organizations are recognizing the importance of creating a diverse and inclusive work environment.
These programs foster a culture of acceptance, tolerance, and understanding in organizations, which improves employees' well-being in the long run. By focusing on DEI initiatives, organizations create an environment where employees feel valued and supported and build a strong foundation for employee well-being.
Expanding Coverage Beyond Employees
Expanding coverage beyond employees is critical to achieving holistic well-being in the workplace. The survey reveals that companies are already making progress in this area, with 50% of companies including coverage for spouses and 39% covering parents for emotional well-being programs.
However, more needs to be done to ensure that families are included in financial well-being programs to address the gender wealth gap in India. Covering families under these programs can also help improve financial literacy and promote better decision-making.
By involving families in well-being programs, companies can improve the overall health and happiness of their employees and contribute to a more inclusive and supportive workplace culture.
A Personalized Path to Wellness
According to the survey, companies are now addressing specific conditions and lifestyle risks in order to boost workplace well-being. Indian organizations are increasingly focusing on weight management, healthy sleep, cardiovascular disease management, diabetes management, and cancer management.
In addition to targeting specific conditions, companies are also providing lifestyle risk management programs that focus on healthy habits. These include programs for weight management, healthy sleep, and healthy eating. By targeting specific conditions and lifestyle risks, employers are taking a proactive approach to employee well-being and promoting a healthier workplace.
Moreover, the survey found that many companies are also offering support for family planning, including maternity management and fertility support. These programs are designed to support employees and their families, promoting well-being not just at work but in their personal lives as well.
The Post-Pandemic Reality Check
The COVID-19 pandemic has had a significant impact on the workplace, with many employees facing increased stress, anxiety, and uncertainty. In response to the pandemic, Indian organizations have had to adapt their benefits strategies to prioritize employee well-being.
One way that companies have adapted is by implementing new programs to support remote work and virtual collaboration. The majority of companies allow employees to work from home, so they can remain connected to colleagues while also remaining productive. In order to cope with the stress of remote work, companies also offer mental health programs.
Furthermore, the pandemic has highlighted the importance of prioritizing family well-being in the workplace. Many companies have introduced new programs to support family planning, including flexible work arrangements and parental leave policies. By supporting employees in their personal lives, companies can create a healthier and more productive workforce.
Putting Employee Well-Being First
The pandemic has been a reality check for Indian organizations, highlighting the importance of prioritizing employee well-being in the workplace. Companies have had to adapt their benefits strategies to support remote work, family planning, and financial well-being.
The pandemic has been a challenging time for all, but by prioritizing employee well-being, Indian organizations can emerge stronger and more successful in the post-pandemic world.
At The Wellness Tribe, we understand the importance of prioritizing employee well-being in the workplace. If your company is looking for assistance in creating a corporate wellness program that prioritizes the well-being of your employees across the four pillars of wellness, physical, emotional, financial, and social, we are here to help.