THE IMPACT OF WELLBEING PROGRAMS ON PRODUCTIVITY AND STAFF LOYALTY

Authors

DOI:

https://doi.org/10.31732/2663-2209-2022-69-162-170

Keywords:

well-being, components of well-being, productivity, staff loyalty, health

Abstract

This article looks at what employee wellbeing is, why it is so important and how to ensure employee wellbeing in their work environment. The purpose of the article is to study the theoretical and practical aspects of the impact of corporate welfare programs on the productivity and loyalty of personnel. The methodological basis of the research is the results of the conducted survey, the main tasks of which were: to determine what well-being means to employees today; to identify the dependence of job and life satisfaction on the labor values of the company's employees; establish what constitutes value to respondents. The questionnaire was conducted anonymously and included 12 questions, 9 of which were in a closed form and 3 in an open form. The total number of respondents was 350, of which 46.4% were male and 53.6% were female. According to the results of the survey, there are many solutions today that do not cost a lot of money, but can be very useful in maintaining employee productivity and increasing their engagement at work. Analyzing the results of sociological research, it can be stated that all types of well-being are closely interrelated, and the improvement of one of them will affect the well-being of a person as a whole. The search for universal means of increasing well-being is the final result of the successful study of this phenomenon. Means of improving the well-being of employees is one of the most important elements of the company's successful operation. According to the results of the survey of employees of the joint-stock company, a well-being program was implemented. Means of improving the well-being of employees is one of the most important elements of the company's successful operation. The implementation of corporate welfare programs increases the satisfaction and productivity of employees, and increases the effectiveness of the management team in conditions of uncertainty. An increase in employee loyalty and engagement due to better quality work with them is noted.

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Author Biographies

Kyrylo Zlobin, KROK University

Postgraduate student, Management technology Department, KROK University, Kyiv, Ukraine

Natalia Litvin, KROK University

First Vice-Rector, PhD (Economics), Professor, Professor of Management technology Department, KROK University, Kyiv, Ukraine

Iryna Burlakova, Dnipropetrovsk State University of Internal Affairs

Doctor of Sciences (Psychology), Professor, Professor of psychology and pedagogy department, Dnipropetrovsk state university of internal affairs, Dnipro, Ukraine

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Published

2023-03-30

How to Cite

Zlobin, K., Litvin, N., & Burlakova, I. (2023). THE IMPACT OF WELLBEING PROGRAMS ON PRODUCTIVITY AND STAFF LOYALTY. Science Notes of KROK University, (1(69), 162–170. https://doi.org/10.31732/2663-2209-2022-69-162-170

Issue

Section

Chapter 2. Management and administration