Organizational strategies and human resource management practices to support the improvement of employee well-being
Year: 2024
Type: article
Study design: Observational Study
Abstract: The importance of employee well-being has gained attention in ensuring employees' bio-psycho-social well-being and organizational success. The current study aimed to explore strategies and methods of employee well-being in for-profit organizations. Research has been conducted on a sample of 62 human resource management leaders and experts of Hungarian and international organizations. A self-developed online measurement tool has been applied to explore organizational strategies and human resource management practices of training and development, rewards management, and social activities. Data analysis has been conducted on 60 validated feedback, representing organizations employing 80.000 employees in the Hungarian economy. Results concluded that strategic approaches and expectations were contradicted regarding the improvement of employee well-being. Results show that monetary benefits and social events support organizational expectations of positive employee affection, health, and retention, with occasional employee participation in shaping employee well-being. The explored wellbeing-enhancing strategies and practices might expand existing knowledge of how organizations approach employee well-being.
Authors: Csilla Molnár, Imola Csehné Papp
Institution: Eötvös Loránd University
Language: English
Subfield: Human Factors and Ergonomics
Field: Social Sciences
Domain: Social Sciences
Open Access status: gold
Estimated APC paid: $750
OpenAlex ID: W4404627323
