How to build a successful wellbeing strategy

As employee wellbeing rises up the strategic agenda, an effective strategy is a must-have. The challenge is to ensure your wellbeing strategy actually meets the needs of employees and delivers results for the business.

Brief

A European pharmaceutical business with a strong people-first ethos wanted to define what a great wellbeing strategy could look like for their business.

Our solution

We worked with our client to understand what information they had internally that could be viewed through a wellbeing lens.
We reviewed HR statistics on absence, Occupational Health, EAP, engagement surveys and existing wellbeing initiatives to understand strengths, weaknesses and opportunities.
We formed a view on where the client was above, below or on par with best practice and presented back to the Exco.
We identified priorities for the client to take forward and helped ensure a coherent fit with the wider corporate vision and objectives.
We helped the HRD and his team gain support, and budget, for a key programme of work to improve employee resilience.

Results

The client has a better understanding of what wellbeing strategy planning involves, what best practice could look like and where the organisation is on the journey.
They have momentum for this journey, and have been able to get Exco buy-in to support it.
They are able to take a data-driven approach to future planning rather than using guesswork.
They understand where there are gaps in information and have been able to supplement these, for example via resilience surveys.
They have been able to create a 12-month programme of work focused on closing the knowledge / capability gaps.