What’s EVP? How Safety, Health, and Wellbeing Influence Jobseekers

In this competitive job market, companies are increasingly recognising the importance of Employee Value Proposition (EVP) in attracting and retaining top talent. Encompassing a unique set of benefits and offerings that a business can provide to its employees, EVP extends beyond traditional salary packages and includes benefits such as career progression, flexible hours and culture.

One important aspect of a compelling EVP is a company’s focus on safety, health, and wellbeing. While in the past this has been viewed as a ‘tick box’, interestingly today employee wellbeing has become a top factor for job seekers looking for an employer. 

According to the Workplace Wellbeing Index – 2023 Workforce Trends Report Series by Gallagher, younger employees aged 18 – 24 prioritise safety, health, and wellbeing over all other aspects of EVP.  With remuneration taking the fourth spot behind career growth and meaningful work for this demographic.

So, what does it mean to have a business focused on safety, health and wellbeing?

Safety First

Workplace safety is a fundamental consideration for job seekers. Beyond meeting legal requirements, companies that go the extra mile to ensure the safety of their workforce demonstrate a genuine commitment to employee welfare. This commitment can be reflected in various ways, such as regular safety training, well-maintained facilities, and a proactive approach to addressing potential hazards.

When employees feel secure in their workplace, they are more likely to be productive and engaged. Moreover, a strong emphasis on safety contributes to a positive company culture, promoting trust between employees and management.

Health and Wellbeing Initiatives

As the awareness of mental health and overall wellbeing increases, job seekers are placing a higher value on employers who prioritise these aspects. Organisations that offer health benefits, mental health support programs, and wellness initiatives create an environment where employees feel cared for and supported.

Wellbeing initiatives can range from flexible work schedules and remote work options to on-site fitness facilities and wellness programs. By addressing both physical and mental health, companies not only attract top talent but also contribute to a more productive and satisfied workforce.

Work-Life Balance

In today’s fast-paced world, achieving a healthy work-life balance is a key consideration for potential employees. Businesses that understand the importance of balance and actively promote it through policies like flexible work hours, generous annual leave and family-friendly initiatives are more likely to appeal to a diverse range of candidates.

When employees perceive that their employer values their personal lives and understands the need for balance, they are more likely to be loyal and committed. This not only improves retention rates but also enhances the overall satisfaction and morale.

Building a Positive Company Culture

An EVP that places a strong emphasis on safety, health, and wellbeing contributes to the development of a positive company culture, attracting like-minded individuals who share similar values, creating a cohesive and collaborative work environment. This, in turn, enhances employee engagement and performance.

Okay, so you know focus on safety, health and wellbeing is a top consideration when attracting and retaining valuable employees. What’s next? 

That’s where WFR can help – our comprehensive programs cover all aspects employee wellbeing including Boosting Employee Health, Preventing Worker Injuries and Enhancing Mental Wellbeing, giving our clients a strategic and holistic workplace wellbeing solution that supports their business and people to thrive. 

Initiatives and programs such as; manual handling training, workfit conditioning, health assessments and coaching, psychosocial risk review and mental health training are only some of the services to ensure employees and workplaces are safe, healthy and well.

To find out more about what WFR can do for your business contact us.