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8/8/2019 aditi hr
http://slidepdf.com/reader/full/aditi-hr 2/11
Amity Business School
Increasing Competition in Hospitality Industry
Measures to Decrease Stress Among Employees
Importance of Employee Wellness
Benefits of Employee Wellness Programs
Programs focus on physical and psychological health of the employees
Affect on performance and productivity of theemployee of an organization.
8/8/2019 aditi hr
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Amity Business School
Primary Objective
T o find out the effective employee wellness in hospitality sector.
Secondary Objective T o know various kinds of wellness programs in theindustry.
What is the change in the productivity of employees due to participation in these programs?
T he kinds of benefits drawn by employees and organization by these wellness programs.
How these programs could be made more effectiveand beneficial.
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Amity Business School
R ESEA R CH DESIGN: -
Use of both exploratory and descriptive research design was done.
TY PES OF DA T A: -
Both primary and secondary data were used.
DA T A COLLEC T ION P R OCESS: -
T he primary data was collected through questionnaire comprising of 12questions filled by employees of company X and Y of Hospitality sector and the secondary information was taken from various sources like journals,articles and internet. T he sample size of company X was 50 and of company Y was 50 due to which the total sample size is 100.
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Amity Business School
TANGIBLE BENEFITS
Health Insurance
Disability Plans
Productivity
Absenteeism
Member Turnover Cost
= FINANCIAL RETURNS
INTANGIBLE BENEFITS
Member Morale
Member Loyalty
Attract new employees
Retain existing employees
Positive work environment
= GOODWILL RETURN
EMPLOYEE
WELLNESS
HealthierWorkforce
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Amity Business School
For both the Company¶s, majority of the respondents consider wellness as
psychological satisfaction and physical fitness.
In both companies, more than half of the respondents are participating in 3 ± 5
wellness programs which are mainly related to stress management. Respondents
participating in 1 or 2 programs are either new or are those who haven¶t made use
of any wellness program till date.
Majority of employees believe that other factors are more crucial towards
increasing the employee commitment towards the organization.
Only about 44% respondents believe that these programs do contribute towards
increasing their commitment towards their organization.
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Amity Business School
Wellness Programs were mainly started to reduce the amount of stress that the
employees were experiencing. So they do reduce stress levels to a great extent.People who do not agree with wellness programs are the ones who believe that
stress is due to work and personal problems.
Fitness programs like gyms, meditation, reiki etc. are helpful in attaining physical
fitness which is agreed upon by 55% of the respondents. Whereas there were
respondents who believed that to get benefitted from such programs even the
employee need to be interested and committed.
About 80% of the respondents believe that wellness programs support the fact
that there has been an increase in their productivity.
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Amity Business School
Improvement in performance of the participants is seen due to their
participation in wellness programs. Almost 85% of the population is in favor of
this statement.
Around 60% to 80% improvement in performance is seen in almost half of the
employees in both the companies.
Out of the total workforce 40% to 60% agrees to the fact that wellness
programs has improved employee¶s engagement and loyalty.
It was also seen that wellness programs have reduced absenteeism and sick
leaves to a remarkable extent.
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R esearch has broadened my view for the
industry, it clearly shows that if the workforce is
benefited (i.e. relieved from stress), it leads to
downfall of attrition rate, increasing employeeloyalty and better work output.
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R esearch for this report has given me a broadened view of theindustry, it clearly shows that if theworkforce is benefited it leads to better work output.
As far as this report is concerned ,
the uniqueness or the learning we
got from this is that the motive of
the organization should not only in
maximizing profits but should be
betterment of the workforce, and that will automatically lead to
maximization.
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Amity Business School
Well being strategies need to be evaluated and built every year in response to the
changing business needs.
Organizations need to have an open environment for discussions and sharing of experiences and a mechanism for periodic work evaluation and feedback
mechanisms.
The workplace processes are to be assessed and steps to promote health need to be
planned with special focus on specific healthy workplace program (long term
objectives for workplace health).
Participation of the employees developing the framework and programs.
Monitor and evaluate the programs (with defined time frames) at regular intervals.
The programs should have built in feedback mechanisms reducing the stress levels
employee loyalty.