Wellbeing & Health
Supporting our employees throughout their time with us
Employee Wellbeing: The Backbone of our Happy Workforce
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.
WellTech is composed of four key concepts, combining wellbeing and technology. The four main concepts are:
- Movement: The freedom to move from your workspace while working to get in extra steps and exercise that are needed for a healthy lifestyle.
- Ergonomics: Whether in the office or at home, it is crucial that our workspace is set up correctly. That is why everyone at Version 1 completes ergonomic training along with being provided all the equipment needed for an ergonomic desk setup.
- Smarter Working: We encourage focus time where employees can block out time to work without being disturbed. We also encourage regular breaks throughout the day and 15-minute meetings instead of the standard 30 minutes.
- Connections: While we are not working side by side, we can all miss those moments of colleagues dropping by our desks for a quick chat. If our people notice a colleague’s status is “Available”, we encourage them to call for a digital drop in!
Excellence in Wellbeing 2023
Based on the positive feedback from our employee base, Version 1 was awarded the "Excellence in Wellbeing" Award 2023 by Great Place to Work®. The survey assessed elements like Mental and physical health,
Inter-personal relationships and
Healthy Place to Work 21-22
In 2019 we received our very first certification as a ‘Healthy Place to Work'. HPTW acknowledges an organisation that enables its employees to sustainably deliver on its objectives. We've ranked on the list every year since and our proud to do so again this year.
Sustainable Quarterly Efforts - Even Remotely!
The overall long-term goal of the ‘My Wellbeing” model is to empower our employees to feel happy and healthy at work, and outside of it. As we build toward this larger goal, our short-term goal is to ensure all employees across the organization have the opportunity to engage with at least one segment of the wheel per quarter – particularly now that our teams are usually working remotely. As part of this, we have structured each quarter into specific themes that take the employee on a journey through each year, identifying a start point, a middle, and an end. These themes remain constant over time and allow our employees to become familiar with the cycle of managing their wellbeing as an ongoing activity embedded in their everyday activities and in our culture in Version 1. We have also established and built a network of health and wellbeing champions in all of our locations.
As part of the launch of our latest programme we celebrated Wellbeing Day across the organisation; the wellbeing champions organised physical events and provided healthy snacks and treats for employees. The aim of our Wellbeing Day was to build awareness around employee welfare and to shape social connections by encouraging employees to get away from their desks to mix with colleagues in a variety of ways. These efforts have had a tangible, positive impact on staff and Version 1 is committed to ensuring that they continue for the betterment of the health and wellbeing of all employees.
If a healthy, happy and inclusive workplace sounds appealing to you, explore open opportunities throughout Version 1 here.