Well-being seems to be the latest buzzword in the healthcare industry, especially as it applies to employee group health. Many employers are seeking to incorporate well-being into their overall wellness plans and strategy. But what does it really mean?
One’s well-being is affected by many different factors. While it’s a goal for many of us to achieve, it is often more complicated than it seems. Well-being refers to being in a state of alignment for holistic happiness and health. It encompasses different facets of every individual’s life, but can be broken down into four concepts.
- Physical Well-Being
Physical well-being focuses on how well one’s body operates. This can include eating healthy, being active, avoiding destructive behaviors and substances, getting enough sleep and taking care of yourself when you’re ill.
- Mental Well-Being
Mental well-being focuses on how good you feel about yourself, as well as how you feel emotionally and psychologically. This can include coping with stress, working productively and exhibiting self-esteem and confidence.
- Financial Well-Being
Financial well-being focuses on your relationship with finances and saving for the future. This can include investing in retirement, budgeting and reducing debt.
- Social Well-Being
Social well-being focuses on your relationship with your peers, your community and the environment. This can include volunteering, living sustainably and joining workplace committees.