Addressing psychosocial hazards within organizations and prioritizing employee well-being holds substantial significance. According to a recent University of Oxford study, contented employees can yield up to 13 percent higher productivity, thereby contributing to the overall success of their companies.
Michelle Falzon, Founder of Positive Wellbeing Education and a Positive Psychology Coach, emphasizes the manifold benefits of fostering employee happiness. “Happy employees exhibit increased engagement, creativity, and motivation in their work,” she notes. Falzon is set to assume the role of Master of Ceremonies at the forthcoming Workplace Health and Safety Show scheduled to transpire in Sydney from September 20th to 21st, 2023.
The integration of positive psychology principles within the workplace can yield remarkable outcomes in terms of employee well-being, productivity, and the cultivation of an atmosphere characterized by engagement and innovation, Falzon affirms. She will be conducting a workshop on September 20th, 2023, as part of the Workplace Health and Safety Show’s Knowledge Centre agenda. The workshop intends to assist Australian employers in delving into the realms of sustainable positive psychology practices and coaching techniques applicable within their organizational frameworks.
Positive Psychology: Unveiling Its Essence
In recent times, positive psychology has garnered notable attention due to its focus on human strengths, potential, positive emotions, and overall well-being. Michelle elaborates on the significance of this approach, stating, “Beyond enhancing mental health among employees, incorporating positive psychology into the workplace profoundly impacts the financial health of the business. Gallup’s Q12 meta-analysis reveals that companies boasting higher employee engagement observe an 81 percent reduction in absenteeism, a 43 percent decrease in staff turnover, and a remarkable 23 percent surge in profitability.”