CSR for employees

     Business Journal recently published a Gallup and Healthways study which reported on the combined factors of employee well-being and engagement.  These two factors contribute to the others' strength and increase not only employee performance, but also turnover rates and safety. 
    
     Gallup and Healthways used their research to define employee well-being in terms of five components: Purpose, Community, Financial, Social and Physical.  The more employees feel satisfied in each of these categories, the more likely they are to feel engaged in their work, and therefore perform better. 

     The statistics of highly engaged employees who felt a high sense of well-being were quite impressive:  they were 42% more likely to rate their lives highly, 27% more likely to rate "excellent" both their own performance and that of their company, and 37% more likely to report a full recovery after illness or injury.

     Given this data, the other aim of the research was to help employers figure out ways to increase employee well-being.  It was concluded that employers could encourage participation in well-being activities, recognize employees for well-being achievements, include employee ideas on workplace well-being initiatives, and explicitly connect well-being initiatives to one of the above mentioned five components.

     This study is a great representation of how internal CSR benefits everyone.  The more satisfied employees are, the more efficient business can be, which leads to more satisfied customers.