According to a recent survey from Gallup, “Companies that increase their number of talented managers and double the rate of engaged employees achieve, on average, 147% higher earnings per share than their competition.” This means that employee engagement and happiness are important for reducing turnover and saving money for your company. Many companies look to perks as a means of increasing employee happiness, but oftentimes those initiatives are not what employees are looking for. A study from SHRM showed that the number one area that employees found satisfaction and engagement was being respected.
Mindfulness Helps Managers Create an Environment of Respect
Cultivating an environment of respect through mindfulness will help to make your workplace a safer and happier place for teamwork and improve employee happiness. When managers learn mindfulness and are able to develop emotional intelligence, their relationships with their direct reports will improve. Mindfulness can also help to make meetings more efficient. By focusing meetings on inclusion, encouraging the sharing of ideas, and being more succinct and productive, your team will feel more empowered to succeed at work.
Mindfulness-Based Wellness Programs Reduce Employee Healthcare Costs
Beyond managerial skills to use mindfulness to improve relationships, be more respectful, and become more aware of team dynamics, your workplace can offer mindfulness meditation opportunities to reduce stress across the organization. Many companies have started offering yoga classes or meditation groups to help employees relieve anxiety and de-stress in the office. Aetna was able to reduce employee healthcare costs by 7% by offering yoga and meditation through their wellness program. The benefits of on-location meditation and yoga have proven to increase employee happiness, decrease stress, and reduce stress-related medical bills.
Does your company have a mindfulness-based wellness program or are you looking to start one? Leave a comment below and let us know how it’s going.