Wellbeing & Health

The overarching principle here at Version 1 is our Wellbeing model which is based on the ‘Strength in Balance‘ theme. It encapsulates all aspects of a Version 1 employee’s health and wellbeing, both of which are necessary to ‘Empower our People’ and ensure a sustainable career!

What is Wellbeing?

Wellbeing is all about being well, and what that means is different for every person. In the workplace, wellbeing includes all of the factors that might contribute to you being and feeling well, or less well. Wellbeing in the workplace is important because the happiness of employees should always be a primary concern of the company. If it is not, this can lead to stress and lower quality of life overall.

The holistic nature of our Wellbeing model emphasises the importance of variety and balance and staying on top of your ‘A’ game by managing each aspect of yourself the best you can. This model highlights the importance of variety and balance. It shows how certain areas of an employee’s life may impact other areas if they are neglected.

The 5 pillars of our holistic Wellbeing model include Sense of Purpose, Financial Management, Physical Health, Mental Wellbeing and Social Connections.  Each segment of the wheel is explained in more detail below.

Sense of Purpose: Having a sense of purpose and being motivated to engage in meaningful work is a key aspect of an individual’s wellbeing. We want our employees to have a desire to grow and develop and reach their goals and targets in work and in life. Key areas of focus under the ‘sense of purpose’ pillar include motivation, self-awareness, goal-setting, productivity and core values.

Financial Management refers to having a healthy financial state. We want our employee to be financially healthy, happy and free from stress or worry, based on their view of their financial situation. To ensure our employees stay financially healthy, we promote financial wellbeing through teaching/educating on a range of financial matters including future planning, life assurance, budgeting, savings, mortgages and pension.

Physical Health refers to promoting proper care of one’s bodies for optimum health & functioning through balancing the areas of physical activity, hydration nutrition, sleep and rest. We aim to promote positive physical health through a variety of initiatives/activities and we also aim to ensure our employees are working in a healthy and safe work environment.

Mental Wellbeing refers to a state of well-being in which you realise your potential, can cope with the normal stresses of life, can work productively and are able to contribute to the organisation. Our mental wellbeing pillar focuses on mental health, mindfulness, self-confidence, stress management/ resilient and maintaining a growth mindset. We not only want our employees to be getting by we want them to have a positive and growth mindset as they strive to deliver excellence at work.

Social Connections refers to the quality of relationships at work including our employees’ sense of belonging and connection with their manager and peers within the organisation. We value the importance of our employees’ social connections and relationships at work to enhance their wellbeing.