Effect of Corporate Wellbeing Practices On Employees’ Performance among Commercial Banks in Kenya

The main aim of this project was to explore the effect of corporate wellbeing programmes on employees’ performance among commercial banks in Kenya since corporate well being programmes used by commercial banks on employees have been an area of interest to researchers lately. However, the main concentration has been performance programmes such as motivation and training and development only. Little research has been done on corporate wellbeing programmes as a way of improving performance among commercial banks in Kenya. Organizations in Kenya are slowly adopting corporate wellbeing programmes though. In this research, the target population is 43 commercial banks in Kenya where Heads of HR were targeted. For inclusion purpose, Census sampling method was used to collect data as sampling method omitted important population. Research instrument were both structured and unstructured questionnaires as major data collection instruments and the researcher mainly used qualitative analysis techniques and descriptive methods to analyze data collected from the organization of study. Data was presented in tables and charts. The study found out that financial, intellectual, environmental, social and physical wellness programs improved employee’s performance. Financial wellness programs to affect employee’s performance. Intellectual wellness programs were indicated to enable employees improve their knowledge and skills which should make the more effective and efficient in the workplace. Most respondents indicated environmental wellness programs to affect employee’s performance. Social wellness programs allows employees to interact with people from different cultures where they share ideas which may be beneficial to their workplace. Physical wellness programs are important to employees as they keep employees healthy, a healthy employee is an asset to the organization. The study recommended that banks should come up with long term investment advice to employees which will be beneficial in their retirement age. Intellectual wellness programs should enable employees be more creative by coming up with ways of solving problems encountered by the organization. Employees should be allowed to suggest the best environment which would make them work better. Social wellness programs should aim at improving the relationship between employees and how they should work together as a team. Physical wellness programs should aim at improving overall health of employee where a healthy employee should perform better in the organization. Definition of Terms Used Corporate Wellnessis any workplace health promotion activity or organizational policy designed to support healthy behavior in the workplace and to improve health outcomes (Perry, 2010). Environmental WellnessEnvironmental wellness is the ability to recognize employees own responsibility for the quality of the air, the water and the land that surrounds us (Anderson et al, 2010). Financial WellnessAccording to Aggarwal & Bhargava, (2009), it is the establishing and maintaining healthy spending and saving habits among employees. Intellectual Wellness Intellectual wellness is the ability to open minds to new ideas and experiences that can be applied to personal decisions, group interaction and community betterment (Ongore, 2011). Physical WellnessPhysical Wellness is the ability to maintain a healthy quality of life that allows employees to get through daily activities without undue fatigue or physical stress (Ajzen & Icek, 2011).