What effect can well-being initiatives have on staff turnover?

Well-being initiatives are designed to enhance the overall health and satisfaction of employees in a workplace. When implemented effectively, these initiatives can significantly contribute to a positive work environment, increasing employee morale and job satisfaction. This, in turn, leads to greater employee engagement and commitment to the organization, which helps to lower turnover rates.

Employees who feel valued and supported in their well-being are more likely to stay with the company, as they experience a greater sense of belonging and loyalty. Programs focused on mental health, work-life balance, career development, and physical health can foster a culture that prioritizes employee well-being, making the workplace more attractive. Consequently, the likelihood of employees seeking other employment opportunities diminishes, thereby reducing overall turnover rates.

The other response options do not align with the evidence that shows well-being initiatives positively impact employee retention. Higher turnover rates, no effect on turnover, or limited effects only on new hires do not reflect the proven outcomes associated with investment in employee well-being programs.