Finding ways to foster employee well-being is a priority for many firms today.
In this article, Kelly Peters (CEO and Co-Founder), Nathaniel Barr (Scientific Advisor), and Nick Hobson, consider how increasing the fairness of selection and promotion processes can yield positive returns on employee wellness.
Many of the traditional ways that firms traditionally select and promote talent are based on biased, subjective processes, and research shows that unfairness has negative impacts on the physical and mental health of employees. A turn toward more objective, transparent, scientifically-backed organizational processes can go a long way toward ensuring that all employees feel that things are fair, which in turn could go a long way toward ensuring that all employees feel happy and healthy.