3 Ways To Boost Your Employee Wellbeing & Retention 

By Octopus Electric Vehicles

August is National Wellbeing Month, so what better time to take a look at your employee benefits package? It’s all about making sure you’re really looking out for your team.

We all do things in our day-to-day life to help our wellbeing, whether that’s going for a walk, eating healthily or taking sustainable transport. But in the modern workplace, employees are looking to their employers for solid support. 

Why employees quit (and how to stop them)

Rising living costs and the quest for better work-life balance are part of the picture, but there’s another, often underestimated driver behind this “Great Resignation”.

More than ever, people want to work for organisations that reflect their values. In fact, 20% of UK office workers would turn down a job if environmental, social, and governance (ESG) factors were lacking.

This trend, often called “climate quitting”, presents a huge opportunity for employers. Offering benefits that support a more purposeful, sustainable lifestyle can help you attract and retain the kind of talent that’s committed, engaged, and value-driven. Gone are the days of scattering bean bags around your office or offering free snacks (although we wouldn’t say no). It’s about creating a deep connection with your people, so they feel like they belong.

Here are three ways to achieve this.

1. Share your mission and values

If your team isn’t clear on what your company stands for, you could be missing a powerful opportunity to boost engagement, motivation, and retention. When employees understand your mission, and see how their work contributes to it, they’re far more likely to feel connected, inspired, and proud of what they do.

Here’s how you can bring your purpose to life:

• Set the tone from day one: share a clear and compelling overview of your company’s mission during onboarding.
• Create meaningful experiences: Run regular volunteering days to help employees engage with causes that align with your values.
• Keep the conversation going: Host lunch-and-learn sessions to showcase your impact, celebrate progress, and invite honest feedback.

2. Promote work-life balance

A strong work-life balance is important for employee satisfaction, productivity, and retention. By offering flexible work arrangements, businesses can create a positive work environment that attracts and retains top talent. Here are a few ideas:

• Remote/hybrid work: If possible, allow employees to work remotely sometimes, reducing commute time and increasing flexibility.
• Paid time off: Give generous holiday, sick leave, and personal leave policies to allow employees to rest and recharge.
• Wellness programmes: Offer gym memberships or mindfulness apps to promote physical and mental wellbeing.

3. Boost your benefits package

More than half of employees (59%) are more likely to join or stay with an organisation if they have a comprehensive package of meaningful benefits.

Such as an EV salary sacrifice scheme. Employees “sacrifice” a portion of their monthly gross income (before tax) in return for an EV. They save up to 40% while reducing their carbon footprint.

With some schemes, such as the one we run, your employees get the whole package included: the car, maintenance, servicing, and insurance as standard. It’s super easy to set up and operate. And best of all, it costs your business nothing.

If you want to improve your retention rates and reduce your carbon footprint, now’s the time to invest in more sustainable employee benefits.

Ready to get started? Parallel have partnered with Octopus Electric Vehicles to help keep your employees happy with Octopus EV salary sacrifice scheme, which can be a game-changer for your business and your people. For more information don’t hesitate to give you client manager a call on +44 (0)20 8877 8306 or contact Octopus Electric Vehicles directly here.