How can you use your WFM budget to promote employee well-being?

2 Invest in flexible and remote work options

One of the most effective ways to use your WFM budget to promote employee well-being is to offer flexible and remote work options. Flexible and remote work can help your employees balance their work and personal lives, reduce stress and burnout, increase autonomy and satisfaction, and save time and money on commuting and office expenses. However, flexible and remote work also require proper planning, tools, and policies to ensure productivity, collaboration, and security. You can use your WFM budget to provide your employees with the necessary equipment, software, training, and support to work flexibly and remotely.

4 Encourage employee engagement and recognition

Employee engagement and recognition are also essential for employee well-being. Employee engagement and recognition can foster a sense of belonging, purpose, and appreciation among your employees. They can also improve your employee morale, loyalty, and retention. You can use your WFM budget to encourage employee engagement and recognition by creating a positive and supportive work environment, soliciting and acting on employee feedback, celebrating achievements and milestones, and rewarding outstanding performance and behavior.

5 Provide employee wellness programs and benefits

Finally, you can use your WFM budget to provide employee wellness programs and benefits. Employee wellness programs and benefits can help your employees improve their physical, mental, and emotional health. They can also reduce absenteeism, turnover, and health care costs. You can use your WFM budget to provide your employees with access to health insurance, wellness coaching, counseling, fitness classes, nutrition advice, meditation apps, and other wellness resources and incentives.