Establishing Healthy Workplaces: A Case Study on the Employee Well-Being Initiatives in the IT Sector

Abstract

Purpose: Over the past year, the dynamics at work have undergone a significant change. Business leaders are starting to understand the value of employee wellbeing as HR teams and IT industries help the workforce navigate and adapt throughout these transformations. The capacity to approach well-being holistically and align it with the distinct culture of the business is essential. Employers have to find solutions to meet the growing demands for empathy toward their employees because they are distressed and worried about what is happening to them. Employee wellbeing is the term used to describe the staff's general mental, physical, emotional, and financial health. Employee well-being is influenced by every aspect of work-life, including an employee's performance, interactions with fellow colleagues, personal standards, and workplace environment. Many IT companies are embracing employee well-being as a measure of teachable and everyday behaviour to address these issues. The present paper attempts to study employee well-being initiatives in the IT sector. Methodology: To meet the objective of the paper, secondary sources of data like the IBEF report on the information technology sector, annual reports from selected IT companies, journal articles in Google Scholar, newspapers, and business websites are used. Findings: According to the findings, many companies in the IT sector are promoting employee well-being by offering various initiatives and resilience-building training, and many more are adopting a preventative strategy to manage stress by working to identify risks and causes. However financial well-being is still an area that gets little attention Originality/Value: This study will assist in comprehending the various employee well-being initiatives introduced by IT sector companies. To assist the companies in fostering a compassionate workplace culture and putting employees first, SWOC Analysis of those initiatives is carried out. Paper Type: Case Study.