Why Personal Well-Being Is the New Work-Life Balance

Bethany Johnson, January 2020

Why Personal Well-Being Is the New Work-Life Balance

Work-life balance sounds great in theory. You work hard, rest and recharge, then head back to work ready for new challenges. However, life doesn't always pan out the way we plan, and sometimes the work-life balance feels more like a work-life juggle.

Part of our mission at KeyBank is to empower our employees — as well as our clients and communities — to thrive. Because of this, we've rethought the work-life balancing act and taken a more holistic approach to foster our employees' personal well-being.

What Is Wellness?

According to the National Wellness Institute, wellness is "an active process through which people become aware of, and make choices toward, a more successful existence." Wellness is something you can nurture in yourself and in others; it's a wide-ranging approach that encompasses three foundational pillars: health, personal well-being, and financial wellness.

Wellness, unlike work-life balance, isn't as simple as measuring hours away from the office. In fact, a person with a high sense of wellness might feel fulfilled, not drained, by a productive day at work and might be more able to enjoy their time away from their desks. The opposite is also true: Someone with a low sense of wellness might be further depleted by time off.

How to Achieve Personal Wellness

Discover the three pillars of wellness and see how they relate to both career growth and your personal well-being:

  • Health: This pillar includes both physical health and emotional health. When you feel physically well and emotionally fulfilled, you function better both at work and out of the office. With the right tools, you can achieve better health.
  • Well-Being: This pillar encompasses the ability to enjoy life away from work, the feeling that you belong in your personal relationships, a sense of clear purpose, and the feeling that you have a meaningful career. These dimensions, when actively sustained, allow you to set and achieve professional, personal, and relationship goals.
  • Financial Wellness: Do you feel confident that you can both meet your financial needs and save for your dreams? We can all use a little help in this area from time to time. Feeling financially secure isn't just a byproduct of career growth; it's also a driver of it. And when you're in control of your financial wellness, you're able to focus on maintaining the other two pillars of wellness.

In order to thrive, you need support for your physical, personal, and financial foundations of wellness.

How Personal Well-Being Is the New Work-Life Balance

Taking a holistic approach to personal wellness is far more helpful than merely trying to strike a work-life balance. Take the time to find a business that has leaders who give thought to such a philosophy—those that consider the mutual benefits of a more physically, personally, and financially well team.

At KeyBank, we place a high value on the three pillars of wellness and carefully craft our corporate benefits offerings to reflect them. Throughout every department, on each team, and on every project, we commit to helping each other thrive.

Key is an Equal Opportunity and Affirmative Action Employer.