JUNE - 2023HR TECH OUTLOOK8In MyOpinionFOSTERING EMPLOYEE WELLBEING THROUGH TECHNOLOGYKaleana Quibell, VP, Wellbeing & Partnerships, Sequoia Consulting GroupByOver the last three years, the workplace landscape has completely evolved-- with workforces going hybrid or fully remote, employees valuing more balance between work and home life, and employers seeing an increased demand in resources to support their people. Navigating this balance requires a new approach for people leaders to strategically plan and manage the business' people investment. To respond to the need for a total people strategy that considers all these factors, companies face the daunting challenge of caring for the diverse needs of distributed employee populations, but often lack the strategy, budget, and tools to effectively deliver meaningful support. Most programs these days come in the form of niche point-solutions with focused offerings, which leaves people leaders with the tireless task of researching and vetting multiple programs, driving employee engagement, and measuring impact. Unfortunately, the expansion of point-solutions can lead to inefficiencies in operating such an integral component of retaining talent and building culture. Employee wellbeing is not only a strategic driver of business performance, but also the cornerstone to a vibrant culture, and the industry has seen a demand for innovation in employee wellbeing benefits. Now, there are programs that support physical, emotional, and financial wellbeing of employees by optimizing awareness and engagement on one platform, making them a one-stop technological solution for HR providers and employees alike. Here is how technology is helping to build a smarter ecosystem of wellbeing benefits:Fully Flexible CustomizationsIt's no surprise that different employees have different needs. Wellbeing is not a one-size-fits all solution, so neither should a company's offerings be. It is important to obtain feedback from employees and respond to employee's diverse needs by offering multiple programs; a variety is often necessary to provide people with meaningful support. A curated marketplace of innovative providers makes it easy for employers to discover the Kaleana Quibell
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