The Importance of Employee Wellbeing in South African Workplaces
Employee wellbeing plays a crucial role in the success of any organisation. Poor engagement and impaired wellbeing don’t just impact company culture; they can significantly erode profits due to higher turnover, absenteeism, increased healthcare costs, and reduced customer service. These issues affect relationships with clients and, ultimately, the company’s bottom line.
As businesses in South Africa and globally have come to realise, wellbeing is a key factor in long-term success. Research shows that a vast majority of employees believe that their wellbeing is important to their organisations, yet many feel their needs are not adequately addressed.
Red Flags to Watch For
Employee wellbeing can sometimes feel like a vague concept, but practically, employers should evaluate how their teams are doing across five key dimensions:
Emotional – Attitudes and reactions to daily life;
Physical – Energy levels and the ability to make healthy choices;
Work Life – Positive work experiences that instil pride, satisfaction, and a sense of value;
Social – Meaningful connections and strong relationships;
Financial – Confidence in managing finances today while preparing for future needs.
Globally, stress, burnout, and anxiety are three of the biggest causes of poor wellbeing in the workplace.
What Can Employers Do to Improve Wellbeing?
If your employees are stressed, burned out, or anxious, what can you do? The first step is to acknowledge the issue. Showing that you care and are committed to addressing the problem goes a long way.
One effective and immediate way to support your employees is by subscribing to an Employee Assistance Programme (EAP). These programmes offer 24/7 access to skilled counsellors who help employees identify and manage their stressors. They can provide psycho-social support, trauma counselling, legal and financial guidance, and referrals for in-person assistance when needed. These programmes also help employers gain insight into the causes of stress within their teams.
The Financial Health Factor in South Africa
Financial stress is a significant problem for many South African employees. High levels of debt and an inability to meet monthly financial obligations can lead to chronic stress. To support employees, employers should ensure that they have access to debt counselling and debt review services when needed.
Funeral expenses are also a heavy burden for many South African households. Employers can assist their staff in accessing more affordable funeral cover, freeing up cash that would otherwise contribute to financial stress. This can be achieved through group policies or by working with a broker to consolidate individual policies into better-value options.
The Role of POGIR’s Employee Benefits Division
At POGIR, we understand the challenges South African businesses face when it comes to employee wellbeing. we provide specialist services such as Group Risk Benefits, Retirement Funds (including Pension and Provident Funds), and Financial Planning for members of these funds. By working with us, you’ll gain access to expert advice, detailed analysis, regular board or trustee meetings to review legislative updates, investment options, administration matters, and costs. By educating your employees through presentations and one-on-one consultations, we ensure they understand and maximise their benefits, ensuring your employees feel valued and secure.
The Value of Brokers
Employers and employees alike often need assistance navigating the complexities of financial wellbeing. Brokers can help by offering low-cost products to both individuals and companies, combining expert advice with digital solutions that make financial management more straightforward.
Conclusion
Investing in employee wellbeing isn’t just about creating a positive work environment—it’s an investment in your company’s future. Every rand spent on wellbeing initiatives is repaid through increased productivity, better attendance, and higher customer satisfaction. Contact Pogir today to learn how we can help you design an employee benefits package that boosts wellbeing and contributes to long-term success.