Happiness, well-being, and life-satisfaction are the current health buzz-words, but what is really being done? How many companies measure employee wellness? Which industries are interested in Employee well-being, and which industries give it lip-service? Aside from Bhutan, which nations are focused on doing something about focusing on common good as a profit in itself? Which metrics can reliably measure well-being?
OECD, European Union, France, UK to name but a few. UN General Assembly also urged member states to measure wellbeing. Generally seen as a complementary measure (or even better) than GDP. However, there is a tendency to individualise wellbeing and see people as responsible for managing it.
Thank you Pamela- I ask this question because I attended a Well-being and business conference at the OECD in November, and I was shocked at the lack of corporate attendance. There were panelists who were involved in the well-being business, but there were not huge numbers of attendees, and there were very few corporations or industry leaders in attendance. There were many exciting presentations, such as the using cooperation and the common good in economics rather than competition and profits. It was exciting to hear more about the work and movement towards B-corps. I left the conference eager to learn more about what industries and corporations were doing to measure well-being.
Emily
I think that firms have been aware of the importance of wellbeing for sometime - employee satisfaction surveys , for example. Also the recognition that factors other than pay are important, flexible working for example. However, at the end of the day most employers are interested in the bottom line - profit. So the economic rational takes precedence - make employees happy because they work harder and are more productive.
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