ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Here's how Tesla's Lead Designer is Ensuring Employee Wellness at the Workplace

Every Leader in the world priortizes a healthy mind and body for efficency, here's how you must include this in our workplace
PUBLISHED FEB 24, 2024
Image Source: Photo by Rui Dias |Pexels
Image Source: Photo by Rui Dias |Pexels

As employees return to offices in the aftermath of the pandemic, and Gen Z join the workforce with higher awareness about personal well-being, a healthy work-life balance has become a priority. As employers figure out how to respond to changing attitudes, Tesla's lead designer who worked on Cybertruck, Franz von Holzhausen, has taken an active role in encouraging staff wellbeing inside the company. Von Holzhausen, who works closely with CEO Elon Musk, has started a workout program called "FranzFit," according to the Wall Street Journal. Tesla's design studio, located in Los Angeles near the SpaceX headquarters, employs approximately 300 people, including von Holzhausen. A few years ago, the studio began offering lunchtime fitness courses led by a CrossFit trainer. Now, von Holzhausen, best known for developing the Cybertruck, sometimes leads workouts himself.

Colleagues describe von Holzhausen, 55, as determined, unflappable, and open to new ideas. According to Rebecca Elliott of the Wall Street Journal, these characteristics have established a deep bond with Musk and allowed him to thrive in an atmosphere that includes frequent leadership changes. 

Image Source: Tesla X designer Franz von Holzhausen arrives at Tesla Worldwide Debut of Model X | Photo by Jordan Strauss | Getty Images for Tesla
Image Source: Tesla X designer Franz von Holzhausen arrives at Tesla Worldwide Debut of Model X | Photo by Jordan Strauss | Getty Images for Tesla

The Future Workplace 2021 HR Sentiment survey revealed that 68% of senior HR leaders, including 40% who were CHROs, consider employee well-being and mental health to be a key focus. This emphasis isn't surprising, considering the corporate well-being market in the U.S. is currently valued at $20.4 billion and is projected to reach $87.4 billion by 2026.

Will Ahmed, founder and CEO of Whoop and former captain of the Harvard squash team, prioritizes sleep for himself and his staff. To support this, Whoop provides a $100 sleep bonus per month to every employee who meets 85% of their personal sleep needs.

Similarly, Matteo Franceschetti, CEO and co-founder of Eight Sleep, highlights the value of proper sleep. As part of their dedication to employee well-being, Eight Sleep delivers the Eight Sleep Pod to all employees for free. According to Franceschetti, "This is our way of investing in their overall well-being through better sleep quality."

Image Source: Photo by Andrea Piacquadio | Pexels
Image Source: Photo by Andrea Piacquadio | Pexels

Bobbie Lloyd, Magnolia Bakery's CEO and self-proclaimed "chief baking officer," walks nearly an hour to work each day. She sees this roughly three-mile walk as an essential component in her recipe for success, allowing her to effectively lead and support her teammates. "I always prioritize my health," she explained to Fortune. "Whether it's walking, running, yoga, focusing on mental health, meditating, or stretching, I've made it a lifelong habit." Lloyd's morning routine sets the tone for her twelve-hour job. "It's a long day, but I love what I do."

Employee wellness initiatives have various benefits beyond recruiting and retention.

Showing concern for your employees' well-being can help your company's reputation as a helpful and caring environment that puts the employee's well-being first. By encouraging healthier lifestyles, wellness programs can help to reduce healthcare expenditures and disability claims.

Healthy and happy employees are less likely to take sick days, resulting in higher productivity and fewer disruptions to workflow. Wellness efforts can help employees manage stress better by lowering the risk of burnout and turnover.

A culture of well-being can boost employee happiness ability to work in a team, and resilience, leading to a more favorable and productive work environment.

MORE ON MARKET REALIST
The item might have been worth more, but no one had any idea of how much it could sell for.
12 hours ago
Mr. Wonderful did not hold anything back as he even called the entrepreneurs bad at marketing.
13 hours ago
The player couldn't believe that she had aced the "Grand Game" of the show.
14 hours ago
Cuban beat offers from Lori Greiner and Kevin O'Leary to add the company to his portfolio.
16 hours ago
Rick Harrison wanted to pay less than a thousand bucks at first, but the guest was a tough negotiator.
1 day ago
The contestant had a good start to the game but things did not end all that well.
1 day ago
The guest inherited the jewels from her mother and then found out that they were Cartier products.
1 day ago
The host Pat Sajak was seen standing with a broom while the contestant was celebrating.
2 days ago
The contestant wasn't able to match the excitement with his performance.
2 days ago
The guest said that there was so much more that she hadn't even brought to the show.
2 days ago
This wasn't the first time that an appraisal by an expert worked in favor of the seller.
2 days ago
The contestant seemed to be going through the emotions even before the results were revealed.
2 days ago
As per the guest, even her father had no idea where the piece of jewelry came from.
3 days ago
The contestant was supposed to name a deceased artist who they'd like to see perform as a hologram.
3 days ago
The shoes were apparently the same ones Ali wore in the iconic Thrilla in Manila fight in 1975.
4 days ago
The guest had no idea about the value of what he possessed and was concerned about it being fake.
4 days ago
This was perhaps one of the cruelest Bonus Round puzzles that the show has seen in a while.
4 days ago
The woman also shared her personal opinion about effect of flavorings on the brain.
4 days ago
The 51-year-old will have Hollywood star Matt Damon as partner, and Jimmy Kimmel as host.
5 days ago
The guest claimed to have read the book multiple times as a kid and the signs showed.
5 days ago