Wellbeing IndexTM

Contact us to discuss Wellbeing centricity, the key to building an Inclusive, Responsible, and Purposeful Organisation,

Addressing Wellbeing in the workplace increases productivity by as much as 12%.

Source: Canadian Centre for Occupational Health and Safety

The onset of the COVID-19 outbreak, lowered emotional well-being by 74%

Source: Johns Hopkins University

Depression is one of the leading causes of disability. The global economy loses about US$1 trillion per year in productivity due to depression and anxiety

Source: World Health Organisation

“The projected cumulative cost of lost productivity associated with mental ill-health and suicide over five years is estimated to be $114 billion.”

Associate Professor Jo-An Atkinson

Source: The University of Sydney: The impact of COVID-19 on the mental wealth of Australia

Increased diversity, remote and hybrid workforce models, technological progression and increased uncertainty will continue to tax our Wellbeing

Kerryn Kohl - Life Online

The question we need to be asking is…

Can we afford not to invest in our organisations Mental Wealth?

The term Mental Wealth coined by Professor, John Beddington refers to the collective cognitive and emotional resources of a nation – or organisation

Prioritising Wellbeing is a strategic investment into your organisations Mental Wealth.

"Wellbeing shapes our experience, sways our resilience, influences the quality of our relationships and our capacity to engage and perform”

Our perceptions determine our experience of the world and drive our behavior

Prioritising Wellbeing is the key to building an Inclusive, Responsible, and Purposeful Organisation.


Life Online Wellbeing Index ™

The Life Online Wellbeing Index measures employee emotional wellbeing – an essential component for sustainability, inclusivity, and building mental wealth.

Life Online Wellbeing Index ™

Prioritising Wellbeing is the key to building a Socially Responsible, Purposeful and Inclusive Organisation.



So, what exactly do we measure?


MOTIVATION

Motivated, resilient and development-oriented people are engaged, committed to achieving personal and organisational goals and experience high levels of satisfaction.

SOCIAL LICENSE TO OPERATE (SLO)

Social contracts will drive the workforce of the future. How people perceive the social contracts between the organisation and the community including themselves directly impacts their level of trust.

PSYCHOLOGICAL SAFETY

The degree to which people feel 'safe' impacts organisational health, the health and wellbeing of the individual and ultimately the bottom line - improving performance by 12%

Motivation

Motivated, resilient and development-oriented people are engaged, committed to achieving personal and organisational goals and experience high levels of satisfaction.

They can manage their emotional wellbeing and experience a sense of vitality that fuels performance.

Opportunities for development offered to them have a direct impact on their wellbeing further enhancing their performance.


Source:

(1) Canadian Centre for Occupational Health and Safety

(2) Gallup Survey 2017



Psychological Safety

Psychological Safety impacts the way work is carried out and refers to the context in which work occurs.

The degree to which people feel 'safe' impacts organisational health, the health and wellbeing of the individual and ultimately the bottom line - improving performance by 12%

An environment that fosters a sense of psychological safety enables high performance, engagement, collaboration, innovation, creativity and diversity.


Source:

(1) Canadian Centre for Occupational Health and Safety

(2) Gallup Survey 2017



Social License to Operate (SLO)

Social contracts will drive the workforce of the future. How people perceive the social contracts between the organisation and the community including themselves directly impacts their level of trust.


Trust is the cornerstone to performance, collaboration and innovation. Critical factors impacting performance in hybrid workplace models.


Organisations that are perceived to be purpose driven, socially responsible and inclusive have higher levels of desirability, ultimately determining performance and sustainability.


Source:

(1) Science Direct – Resources Policy Volume 39: The paths to social license to operate

(2) Bice, Sara. (2014). What Gives You a Social Licence



Combination of questions:

Self Rating

Objective

Scenario Based

Combination of inputs:

Scorecard

Engagement

Policies

“The only man I know who behaves sensibly is my tailor;

he takes my measurements a new each time he sees me.

The rest go on with their old measurements and expect me to fit them”

GEORGE BERNARD SHAW

It's about who we are...

... as much as what we do



Our Services

Wellbeing Index:

The Life Online Wellbeing Index measures employee emotional wellbeing.


Insight Report:

Your insight report facilitates a deep understanding of the causal factors leading to lower productivity, ineffective collaboration, decreased trust and unsustainable practices.


Wellbeing Advisory:

We use these data-driven insights to shape and craft a unique, high impact, and sustainable Wellbeing strategy, helping you build a socially responsible and inclusive organisation.



Contact us for more information


Discover how you can cultivate Wellbeing, the key to building an Inclusive, Responsible, and Purposeful Organisation.


kerryn@life-online.com.au

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