THE ROLE OF WELL-BEING IN SUSTAINABLE CORPORATE DEVELOPMENT OF COMPANIES

Grzegorz Konieczny; Paulina Kolisnichenko; Magdalena Górska; Tomasz Górski

doi:10.36690/2674-5208-2023-3-59-67

Authors

Grzegorz Konieczny WSHIU University https://orcid.org/0000-0002-6337-9738
Paulina Kolisnichenko WSHIU University https://orcid.org/0000-0001-6730-1236
Magdalena Górska WSHIU University https://orcid.org/0000-0002-5208-1637
Tomasz Górski WSHIU University https://orcid.org/0009-0001-3343-9672

DOI:

https://doi.org/10.36690/2674-5208-2023-3-59-67

Keywords:

corporate well-being, welfare, loyalty, personnel, company, sustainable development, corporate development

Abstract

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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Author Biographies

Grzegorz Konieczny, WSHIU University

Doctor of Social Science, Rector, WSHIU University, Poznan, Poland

Paulina Kolisnichenko, WSHIU University

PhD in Economics, Vice Rector for International Cooperation, WSHIU University, Poznan, Poland

Magdalena Górska, WSHIU University

Founder of WSHIU University, Poznan, Poland

Tomasz Górski, WSHIU University

Chancellor of WSHIU University, Poznan, Poland

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Konieczny, G.; Kolisnichenko, P.; Gorska, M.; GorskI, T. (2023). Corporate well-being as the energy of business. International Conference on Corporation Management. DOI: https://doi.org/10.36690/ICCM-2023-78-81