Your wellbeing strategy is broken. Here’s how to fix it.

Posted on by Wellbeing
Reading time: 3 min

Existing solutions are ill equipped to combat the growing mental health crisis. The old thinking no longer works. BetterSpace has built a new model: hyper personalised, wellbeing on demand. 

Wellbeing matters. We see colleagues struggle, and recognise wellbeing is a swing factor in attracting and retaining talent. The question is; how do we best support our colleagues?

The reality is that one size does not fit all, so there is no best solution. We don’t expect everyone to order the same meal or enjoy the same television series, and mental health is even more personal. Why should we expect all of our team to find benefit in the same app, book or guru?  

A recent survey by the Harvard Business Review found that the average engagement rate for mental health apps after two weeks is 5%. While 95% of employees are presented with a solution that doesn’t work for them, we will never deliver a return on investment, improve attrition or attract top talent. Let alone meaningfully tackle the mental health crisis. 

We waste time procuring and implementing a single resource that we know won’t work for everyone, then start again, layering resource upon resource. How many resources do we need to ensure everyone feels supported?

The business model is broken, and it’s making your job harder than it needs to be. 

If we’re going to be serious about supporting the mental health of our people and making our organisations a better place to work, we need a new model. We need to be able to personalise at scale, tailoring the best wellbeing solution to each individual at a specific moment in time. No single solution can do that, and no procurement process can possibly keep up. 

We need a paradigm shift. Something new, not just better than before. 

At BetterSpace we’ve built the next generation workplace wellbeing platform. Backed by science and using our six pillars framework, we fully vet and partner with hundreds of the best wellbeing providers to make their solutions available to your team. Using intelligent recommendations we give them the solution they need, when they need it, and give you the insight and flexibility to create a truly world class culture of wellbeing. 

It’s personalised wellbeing, on demand. 

Want to know more? Schedule a product demonstration with us today.


ABOUT BETTERSPACE

BetterSpace is the employee wellbeing platform putting control where it belongs: in the hands of the individual employee. Our groundbreaking solution has been developed with medical and domain expertise and is aligned to our Six Pillars of Wellbeing. BetterSpace empowers your workforce to understand and fulfill their mental health needs. 

This approach has achieved engagement rates of 94%, compared to the average usage rate of 2-18% for Employee Assistance Programmes and 10-40% for points solutions.

Want to know more? Schedule a product demonstration with us today.

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