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Employee Well-Being and Mental Health: Critical Role in Retention Strategies
Abstract
Due to increased work pressure and organizational performance expectations, employees struggle to maintain their mental health and peace, leading to decreased motivation and employee attrition. Adding to the work pressure, maintaining a work-life balance has become crucial for building a successful career for any employee. Today's Generation X and Generation Y (millennials) employees have varied preferences and priorities, and their expectations from the organization have changed a lot. The organization is responsible for creating strategies and policies tailor-made for heterogeneous work groups by identifying the critical concerns of employee well-being and mental health and developing mechanisms to address them effectively to retain the talented workforce.
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