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How does mental wellbeing impact your business’ bottom line?

New research commissioned by Xero and conducted by the New Zealand Institute of Economic Research reveals the financial benefits of investing in wellbeing for small businesses. Xero’s guide, The Next Level offers tips for small businesses to get started with wellbeing, as well as digital tools to become more productive and more profitable.

Nearly half of all small business owners work six or seven days to keep their business running and 88% of them think they miss out on quality family time because they’re distracted by their business. 

According to the NZIER, poor mental wellbeing affects decision making and productivity for an average of 13 weeks. Happier, healthier employees are more productive and more profitable than their burned out, unsatisfied teammates. 

If you want to reset how your business runs and how much money it makes, new economic research shows investing in wellbeing and digitising business processes are key.  

Find out how to make beneficial changes to your business in The Next Level.

CONTRIBUTOR

Xero

Kea member



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Filed Under: Businesses growing at home Tagged With: Craig Hudson, Kea Connect, Mental Health, Productivity, Small business, SME, Technology, Wellbeing, Xero

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