SOURCE: Limeade

Limeade

SOURCE: Quantum Workplace

Quantum Workplace

January 21, 2015 09:05 ET

New Research Finds U.S. Employees Are More Engaged When Employer Cares About Well-Being

BELLEVUE, WA--(Marketwired - January 21, 2015) - Employee engagement is higher when workforces are satisfied with the health and well-being benefits their employer provides, according to new research from Quantum Workplace, a leading workplace survey and employee feedback technology company and Limeade, a technology company that helps companies build high-performing workforces. The study also highlights a wide-ranging discrepancy between the benefits that employees want and the benefits they actually receive. 

"Understanding what motivates your people is the key to improving workforce excellence. This study exposes the need for employers to reevaluate and clearly communicate how and why they offer the benefits they do," said Henry Albrecht, Limeade CEO. "Many of the benefits employees are craving, like flexibility and stress management breaks, can make a tremendous impact with little investment."

The report, "Workplace Well-Being: Provide Meaningful Benefits to Energize Employee Health, Engagement, and Performance" analyzes nearly 2,000 survey responses from participants in Quantum Workplace's nationally-recognized Best Places to Work program. Past research has shown that the category of benefits presents an opportunity for employers.

"Twelve years of conducting workplace research has shown that employee perceptions of benefits is the single lowest scoring survey category across virtually all companies," said Greg Harris, President and CEO of Quantum Workplace. "But the needle can be moved. When employers use employee feedback to help drive the decisions they make, including the health and well-being benefits they provide, they can improve employee health, engagement, and performance."

Specifically, the study categorized "health and well-being benefits" as the total reward package provided by an employer - from health insurance and paid time off, to stress-relief breaks and financial planning services. Here are its key findings:

Overall engagement drivers (and detractors)

  • Satisfaction: Engagement is lower when employees are less satisfied with their benefits. More than three-fourths of engaged employees said they were satisfied with the health and well-being benefits their organization provides, compared to fewer than half of "hostile" (lowest possible engagement score) employees.
  • Communication and clarity: Employees who are unsure if they have benefits are twice as likely to be disengaged compared to those who understand the benefits offered to them.

What employees want vs. what employees get

  • Stress Management: Only 28 percent of employers provide stress-relief breaks, such as meditation, massages, or required breaks, yet more than 71 percent of employees desire it.
  • Nutrition: More than 73 percent of employees want healthy cafeteria or vending options at work, but fewer than half of employers provide it.
  • Physical fitness: Regular exercise -three times a week or more - has little to no direct impact on employee engagement. Yet half of employees want an onsite fitness center and time for healthy activities at work.
  • Financial wellness: Employees 25 years old and younger are nearly twice as likely to prefer financial planning services, compared to employees 56 years old and older.
  • Work-life balance: Nearly three-fourths of employees want flexible work hours, and those who do are nearly 20 percent more engaged. However, fewer than half of employers provide flexible work hours.

The full report, including resources for building a successful employee engagement program, can be downloaded here. Short Link: http://www.quantumworkplace.com/workplace-well-being/

About the survey
The Quantum Workplace research panel of nearly 21,000 employees, who were also surveyed through the Best Places to Work program, were invited to participate in a survey about health and well-being benefit preferences. Nearly 2,000 employees completed the survey, representing men and women from a wide range of ages, education levels, and company sizes. Employees responded to an engagement survey using a 6-point Likert scale. Based on the average of their answers, without factoring in skipped questions, they placed in one of four groups: Engaged, Contributing, Disengaged, and Hostile. Results in this report overlay new survey questions with respondents' previously completed Best Places to Work engagement profiles.

About Limeade
Limeade is a technology company that delivers an employee engagement platform to Fortune 1000 companies. We inspire people and companies to improve their health, well-being and performance, bring company culture to life and deliver the fresh insights and innovations critical to business success. Headquartered in Bellevue, Wash., Limeade serves over 100 employers and top global brands. Learn more on www.limeade.com, LinkedIn, Twitter and Facebook.

About Quantum Workplace
Quantum Workplace delivers smart tools for achieving and recognizing workplace awesomeness. When work is awesome, employees are engaged, clients are loyal, and business is good. Quantum Workplace serves more than 5,000 organizations annually through employee engagement surveys, action-planning tools, exit surveys, peer-to-peer recognition, performance evaluations, goal tracking, and leadership assessment. For more information, visit www.quantumworkplace.com or email info@quantumworkplace.com.

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