THE ROLE OF WELL-BEING IN SUSTAINABLE CORPORATE DEVELOPMENT OF COMPANIES
DOI:
https://doi.org/10.36690/2674-5208-2023-3-59-67Keywords:
corporate well-being, welfare, loyalty, personnel, company, sustainable development, corporate developmentAbstract
This article emphasizes the importance of employee well-being in the sustainable development of companies. The purpose of the article is to study the theoretical and practical aspects of the impact of well-being on the productivity and loyalty of company personnel in the context of sustainable development. The methodological basis of the study is the results of the analysis of scientific works on the welfare, loyalty of personnel and their impact on the sustainable development of companies. Analyzing the results of the conducted research, the main characteristic features of the well-being of company employees were identified, as well as the factors that help retain employees in the company and can make them stay were systematized. It has been established that all types of well-being are closely interrelated, and the improvement of one of them will affect the well-being of a person as a whole. The search for universal means of increasing well-being is the final result of the successful study of this phenomenon. Means of improving the well-being of employees is one of the most important elements of the company's successful operation. The necessity of conducting corporate welfare programs is indicated. The implementation of corporate welfare programs increases the satisfaction and productivity of employees, and increases the effectiveness of the management team in conditions of uncertainty. An increase in employee loyalty and engagement due to better quality work with them is noted.
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