What is happening on the inside? The business case for promoting employee wellbeing

Abstract

Purpose

Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

Businesses are starting to come to terms with the reality that employee engagement is not the same as employee satisfaction; satisfaction is the minimum required, engagement brings a person to life, unleashing their talents and delivering measurably improved performance. What once might have been considered “fluffy” or “out there” has become much more main stream. Research conducted by Towers Perrin‐ISR for Human Resources magazine of 50 financial services companies has put the cost for just these firms at $1 billion per year in lost productivity. It is an eye‐catching number, and one that can be multiplied many, many times if it was to be scaled up for the global economy.

Practical implications

Provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.

Citation

(2008), "What is happening on the inside? The business case for promoting employee wellbeing", Human Resource Management International Digest, Vol. 16 No. 3, pp. 19-21. https://doi.org/10.1108/09670730810869510