We often hear the welfare of the place and the welfare of the service provided. MOST compete on the basis of the provision of welfare.
Well being for individual differs from person to person as their can not be only one line of well being . The main end of well being is to have the full satisfaction of our action of our life . This may be of our working environment or even for our family . With this to have continuity of well beings we have to make our life happy & joyful with our successive result & if their is a negative performance for any reason in our working environment we have to find out the solution with a calm & quite without disturbing our phase of well beings.
To have the continuity of our mission of life any form we must keep our mind calm & quite if necessary by undertaking an impartial mode to carry out our own introspection & in this way , we can certainly accept the challenge of our destiny .
This is my personal opinion
Well being is nothing but self satisfaction. The concept of well being may change from person to person. It is probably personal and individual.
From an economic standpoint the US has used GDP as a way to quantitatively measure well being on a whole. Recent generations have seen GDP distributed unevenly so that most of the GDP growth has gone to the top 1% while lower SES groups have either stagnated or loss income. There is a new measurement called the GINI (named after Italian economist Corrado Gini) which takes a more holistic view of well being of a country. GINI coefficient takes into account income inequality and has gained some traction in recent times as the populist movements in England and US has taken place.
Well-being is the balance among a person's physical, mental, emotional, social, psychological, and spiritual dimensions. It includes the person's sense of purpose and meaning, as well as his or her connectedness to nature and other living beings.
Well being is a balance of the two pathways of evolution: survival and diversity. Maslow has security (survival=~profits) pretty high up in his list of needs, but more does not equal better. Diversity is the best measure for the health of a system, and diversity is found in community, safety, and the ability to play with the elements in your environment to produce novelty.
According to Alexander the Great it is a proper education, for he appears to have claimed that, if I owe my being (existence,life) to my father, I owe my well being to my teacher (Aristotle).
Well, this is just a way to add up to other definitions.
Indicators of well-being (for that matter well-being) differ from person to person and from one society to another. That is why we say that these indicators are subjective in nature.
The concept goes beyond economic boundaries and include social cultural and environment aspects as well. In general term, wellbeing means to satisfactory economic conditions of a person/ group. But in more broader meaning it should cover the level of health conditions, educations etc as well. However, the self satisfactory/ happiness is more important here.
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