ABSTRACT
Employee well-being has emerged as a strategic priority for organizations seeking to enhance workforce performance and achieve sustainable competitive advantage. Organizations are increasingly investing in comprehensive well-being programs encompassing physical, psychological, social, and financial dimensions to foster a healthier and more engaged workforce. Despite the growing adoption of such initiatives, empirical evidence on their effectiveness in reducing absenteeism and improving employee productivity, particularly in the Indian pharmaceutical manufacturing sector, remains limited. This study investigates the relationship between employee well-being programs, absenteeism, and productivity using a descriptive quantitative research design. Primary data were collected from 207 employees through a structured questionnaire employing a five-point Likert scale, while secondary data were obtained from relevant books, peer-reviewed journals, and academic databases. Statistical techniques including descriptive statistics, correlation analysis, and ANOVA were employed to analyze the data.
The findings reveal a significant positive relationship between employee well-being programs and employee productivity, alongside a significant negative relationship with absenteeism. Employees who reported greater awareness, participation, and satisfaction with organizational well-being initiatives demonstrated higher work performance and lower stress-related absenteeism. The study further highlights that integrated well-being practices contribute to enhanced employee engagement, organizational commitment, and overall organizational effectiveness. These findings reinforce the importance of employee well-being as a strategic human resource management practice rather than merely an employee welfare initiative. The study provides practical implications for managers and policymakers by emphasizing the need to design holistic well-being programs that improve both employee outcomes and organizational performance. Future research may extend this work by adopting longitudinal designs, larger multi-industry samples, and advanced analytical techniques such as Structural Equation Modeling (SEM) to examine the long-term impact of employee well-being initiatives.
Keywords: Employee Well-Being, Workplace Well-Being Programs, Absenteeism, Employee Productivity, Organizational Performance, Employee Engagement, Human Resource Management, Pharmaceutical Industry.