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Total Rewards Consulting
Client Case Study
Workplace Well-being Strategy
for a Commercial Bank
The Problem
Various wellbeing initiatives without a clear strategy
The client had rolled out several wellbeing initiatives and felt something was lacking.
With ~1,000 employees spread across many locations across the country, it was important to provide solutions that could cater to differing needs.
The Solution
Customised well-being strategy development
The starting point is always an assessment of the existing initiatives to determine the best remediation.
From this, we designed a customised wellbeing program aligned to the organisational goals, HR priorities and employee needs.
DELIVERABLES
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Holistic wellbeing strategy with clear objectives
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Unique wellbeing brand and logo
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Wellbeing calendar aligned to the HR priorities and wellbeing objectives
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Policy review recommendations to align with the revised wellbeing strategy
The Result
Branded holistic wellbeing program that promotes employee engagement
The client received a clear, strategic roadmap that will enable it to monitor ongoing initiatives and stay flexible to address future employee needs.
OUTCOMES
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Key owners in the team with clear action steps to manage the program
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Key stakeholders identified to be program sponsors
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Visible, unique brand name for improved visibility of collective wellbeing initiatives
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Guidance on how to analyse wellbeing costs to improve ROI analysis
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Articulation of wellbeing as a pillar of EVP
"ConsultRAD's contribution to the process of developing the strategic business health and wellbeing plan was vital, such that for 2022 it was possible to present not only a strategy, but also more focused and personalized activities on employees and their different needs.
Their dedication, zeal and professionalism made our objectives possible, not only at a strategic level but above all at the level of each employee."
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Standard Bank Mozambique
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