An Assessment of Employee Wellbeing in Equity Bank During the COVID-19 Pandemic.
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Date
2023
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Abstract
The well-being of employees is a key issue that companies are striving to address to ensure that their employees remain happy and motivated at work. The covid-19 pandemic changed the dynamics of how businesses ensure wellbeing, catching many ill prepared and off-guard.
Pandemics cause a short-term fiscal impact and a long-term economic impact on the nations around the world (Alcadipani, 2020). Efforts to curb the pandemic include imposing quarantine, preparing health facilities, isolating infectious cases, and tracing contacts involving public health resources, human resources and implementation costs (Obal & Gao, 2020). The pandemic has not only affected the businesses themselves but also the employees therein.
HR managers have developed increasing interest in well-being against the backdrop of the general decline in nature of workplace, ill health resulting from physical, psychosocial and personal factors. Employee wellbeing is about how the job –duties, expectations, stress level, and environment – affects the employee’s overall health and happiness (Krekel, Ward & DeNeve, 2019). Recently, workplace well-being programs have seemingly taken off. These programs have moved from providing health information, counseling, and fitness delivery to using monetary rewards to incentivize employees to stay well (Wieczner, 2013). With this increase in exposure, there has been an increase in attention paid by big businesses to the efficacy and cost effectiveness of well-being programs (Rucker, 2016). Wellbeing in such tough times for people and business is increasingly critical. This is the same scenario we can find in Equity Bank Limited.
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A Dissertation Submitted to Makerere University Business School (Faculty of Graduate Studies and Research) in Partial Fulfilment of the Requirements of the Award of Masters of Degree of Human Resource Management of Makerere University. (PLAN B).
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Rebecca, A (2023) An Assessment of Employee Wellbeing in Equity Bank During the COVID-19 Pandemic. Unpublished Masters Dissertation Makerere University Business School. Kampala, Uganda.