Compliance & Legal

Employee wellbeing

What Is Employee Wellbeing?

Employee wellbeing refers to the overall mental, physical, emotional, and financial health of workers within an organisation. It goes beyond traditional occupational health and safety (OHS) and encompasses how employees feel about their work, their sense of purpose, levels of stress, relationships at work, and their ability to maintain work-life balance.

Modern businesses recognise that promoting wellbeing isn’t just a perk, it’s a strategic priority. A thriving workforce leads to higher engagement, productivity, loyalty, and ultimately, improved business performance.

Core Dimensions of Employee Wellbeing

Employee wellbeing is multi-dimensional and typically includes:

  1. Physical Health
    • Encouraging regular movement, fitness programs, and ergonomically safe workspaces.
    • Supporting healthy eating and proactive health checks.
  2. Mental and Emotional Health
    • Offering Employee Assistance Programs (EAPs)
    • Creating a psychologically safe workplace
    • Promoting awareness around mental health issues like stress, anxiety, and burnout
  3. Social Connection
    • Building strong interpersonal relationships at work
    • Supporting teamwork, trust, and belonging
  4. Financial Wellbeing
    • Ensuring fair pay, superannuation contributions, and access to financial literacy tools
    • Providing salary packaging options or financial counselling
  5. Career and Personal Growth
    • Training, mentorship, and career progression opportunities
    • Supporting work aligned with individual purpose and values

Why Employee Wellbeing Matters

A healthy, supported employee is far more likely to be:

  • Engaged and motivated
  • Productive and proactive
  • Loyal to the company
  • Less likely to take sick leave
  • More resilient to workplace stressors

In contrast, poor employee wellbeing contributes to:

  • Increased absenteeism and presenteeism
  • High staff turnover
  • Workplace conflict
  • Reduced performance and morale
  • Increased risk of compensation claims and burnout

Safe Work Australia – Mental Health and Wellbeing

Best Practices for Supporting Employee Wellbeing

1. Create a Wellbeing Strategy

Develop a company-wide plan that outlines clear goals, initiatives, and success metrics for employee wellbeing.

2. Offer Flexibility

Support work-life balance with remote work options, flexible start/finish times, and generous leave policies.

3. Regular Check-Ins

Managers should foster open communication, regularly check in on team members, and act on wellbeing feedback.

4. Promote Psychological Safety

Encourage an environment where people feel safe to speak up without fear of punishment or embarrassment.

5. Provide Support Services

Invest in EAPs, mental health training, wellbeing workshops, and tools that enable self-care.

6. Encourage Movement

Support physical health by subsidising gym memberships, promoting walking meetings, or offering standing desks.

How Microkeeper Supports Employee Wellbeing

While Microkeeper is primarily a payroll and HR software provider, our tools support wellbeing in several indirect but important ways:

  • Streamlined onboarding reduces stress for new starters
  • Automated, accurate payroll minimises financial uncertainty
  • Leave management tools help ensure employees can take proper breaks
  • Rostering flexibility supports work-life balance
  • HR record management keeps documentation clear and accessible
  • Custom communication tools help maintain transparency and alignment

Discover Microkeeper’s HR solutions

Measuring Employee Wellbeing

To understand and improve wellbeing, businesses can:

  • Conduct regular employee engagement surveys
  • Measure absenteeism and staff turnover rates
  • Use anonymous suggestion boxes or digital feedback tools
  • Track EAP usage trends (without breaching confidentiality)

Final Thoughts

Employee wellbeing is no longer just a “nice to have”—it’s essential for sustaining a successful and responsible business. By investing in wellbeing, employers create a healthier, happier, and more productive workforce.

Microkeeper helps pave the way by giving businesses the tools to manage leave, rosters, and payroll with clarity and ease—supporting the systems that contribute to strong employee wellbeing.

Disclaimer: This entry is for general informational purposes only and does not constitute health or legal advice. Employers should consult wellbeing professionals or refer to official guidance from Safe Work Australia or relevant authorities.