Nowadays, organizations are emphasizing the importance of promoting employee well-being. When companies construct an environment that encourages well-being, it betters the employee’s quality of life while enhancing employee performance, improving the company culture, and impacting the company’s bottom line [1].
To better understand how to promote well-being in the workplace, companies can refer to theories of employee motivation. One of the most well-known theories is Maslow’s Hierarchy of Needs, which posits [2] that individual needs can be laid out in a pyramid, ranging from basic physiological needs like shelter and food to self-actualization. Maslow defined self-actualization as the state in which people realize their full potential and fulfill their personal goals and aspirations; in other words, at self-actualization, a person realizes their full potential.
Organizations looking to improve their team member’s well-being can use this theory as a guide for cultivating a healthy work environment. Basic needs can be met by ensuring that all employees have a secure and comfortable work environment, while psychological needs can be fulfilled by establishing a supportive company culture. The need for belonging can be satisfied by creating inclusive and well-rounded [3] teams. Companies can implement performance evaluation systems to acknowledge achievements that can meet the esteem needs. Lastly, encouraging employees to tackle new challenges and grow within the company can allow them to reach self-actualization.
Promoting well-being cannot simply be a one-off [4] measure, rather organizations must commit to providing employees with an environment where they feel appreciated, motivated, and respected. This allows for a win-win situation where the team members and the company can succeed.