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 company issuing and managing these gift cards recently filed for bankruptcy.
50 minutes ago
Tech companies are racing to develop AI that exceeds human cognitive abilities.
3 hours ago
With an average annual growth rate of 2.8% during the last 50 years, the US economy is expected to expand by 2.4% in 2026.
3 hours ago
"Came here to say this! Ugh! $40k should not have a big tease to it… I really like Ryan, but I wish he’d stop that!" a fan reacted.
6 hours ago
He looked to his friend twice for help and he let him down on both occasions.
21 hours ago
Gregory Daco claimed the economic foundation was weak, with low and middle-income families struggling.
22 hours ago
He claimed that the President used his tariff authority to strike favorable deals for America.
23 hours ago
The affected products were sold nationwide and pose serious health threats.
1 day ago
The company where the breach happened is facing several litigations with class action lawsuits.
1 day ago
The President recently unveiled a website on which a number of drugs are being sold at a discount.
1 day ago
Trump claimed that the US economy was "dead" a year ago, but now it is the "hottest country."
1 day ago
Had she taken their advice, she'd be leaving the stage $15000 richer
1 day ago
Multiple services have opened up in the country that charge people for interviews with companies.
1 day ago
The President spoke about how GDP grew under his watch and called out Democrats over affordability.
1 day ago
There are now eight municipalities and 21 states that implement this tax.
1 day ago
The duo has been buying tickets together for a long time and had promised to split a big prize.
1 day ago
Trump allegedly made dozens of false economic claims about falling prices and inflation
1 day ago
The President argued that the cuts were aimed that getting the people out that were not necessary.
2 days ago
Rising college costs and growing student debt are reshaping higher education.
2 days ago
Scott Bessent said the Dow at 50,000 signals strong growth and gains for Main Street ahead
2 days ago