Experts urge businesses to prioritise holistic employee wellbeing and recognition strategies to enhance productivity and combat burnout.
In Short
Kylie Green, Managing Director – APAC of Reward Gateway highlights the federal budget’s impact on workplace productivity and employee burnout, emphasising the need for holistic wellbeing and effective recognition strategies. She urges business leaders to prioritise personalised experiences and meaningful recognition to improve morale and performance.
She stresses the importance of prioritising holistic employee wellbeing in businesses.
This includes effective reward and recognition strategies alongside competitive compensation packages.
Green points out that fostering psychological safety and creating personalised employee experiences are vital components in reducing burnout and improving productivity.
She provides examples of businesses that are successfully implementing these strategies, illustrating the benefits of recognising employee contributions.
Green calls on business leaders to engage in meaningful recognition practices, highlighting how this can enhance workplace morale and performance.
Additionally, she offers resources for leaders who wish to engage in further discussions on this topic and learn more about effective employee wellbeing strategies.
