Corporate Well-being: SFS 2023 Awards Analysis and Insights

2023-11-29 10:13:48
Well-being is not yet consolidated as a corporate practice sustained over time. This is clear from the analysis carried out within the framework of the SFS 2023 Awards around the five pillars that are evaluated in the candidate companies: emotional health, physical health, flexibility-management, corporate culture and sustainability. The general score obtained by the projects presented in the three categories of large, medium and small companies falls a few tenths compared to last year, being 6.31 in 2023 and 6.41 in 2022. But the most obvious decline is It depends on the evaluation given by employees to these projects: from 5.34 in 2022 it has gone to 4.93 in 2023.

The SFS Awards apply its own evaluation methodology that allows the data to be broken down by the evaluation given to the projects presented and that given by the employees to said projects, and is complemented by conducting a personal interview with the finalist companies. In the webinar “SFS 2023 Report: Are well-being, flexibility and sustainability consolidated as strategic policies?”, the co-organizers of the International Healthy, Flexible and Sustainable Company Awards, Marisa Cruzado and Maite Sáenz, have argued how the conclusions of the The aforementioned study constitutes another indicator of the “internal dismissal” or that “silent resignation” that characterizes the labor market in our country today.

In this year’s edition, 65 registered companies, 44 candidate companies and 14 finalist companies participated, and from the general analysis it can be inferred that:

The companies in the sample approve: 6.31 (6.41 in 2022). Employees suspend companies: 4.93 (5.34 in 2022). By category, large companies obtain a higher average score, but it is the employees of small companies that rate their organizations’ policies the best.

Zooming in on the data, in global terms and for all categories of companies and items analyzed, the theory of the candidates presented reaches acceptable scores although employees question the measures they contain with scores that do not reach the approved one:

Source: SFS Awards, 2023.

However, this data, placed in the context of the evaluation provided for the “corporate culture” item, reveals an asynchrony that invites reflection, given that employees are mostly proud of the environment in which they work:

Employees: assessment of “corporate culture”

Source: SFS Awards, 2023.

Companies: Assessment of “corporate culture”

Source: SFS Awards, 2023.

In the rest of the items, the map of evaluations obtained by the companies and that given by the employees provides new data for reflection:

Physical well-being: Companies approve (5.50 points) and employees agree (5.49).
Emotional well-being: The companies’ score increases (from 5.88 to 6.14) but does not obtain the approval of the staff, who grant them an average of 4.17 points (4.71).
Flexibility-management: The companies do not reach the grade (5.76) and the employees do not give them a pass (4.32).
Sustainability: Companies obtain 6.31 points but employees give the lowest score (3.77).
Culture: It is the item most valued by both companies and employees.

Photo by Benjamin Sow on Unsplash.

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