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
“He has committed ten times more impeachable offenses in his second term,” the senator said.
13 minutes ago
The game was an incredibly difficult one to be fully successful in. One instance of hesitance can cost thousands
40 minutes ago
The retailer's latest move could help many customers save a bit more on their grocery expenditures.
1 hour ago
The President spoke to the head of another country during the interview and criticized Joe Biden.
1 hour ago
The FDA issued a Class II warning on the product recently but no illnesses have been reported.
3 hours ago
Over the last three years, the stock market has grown significantly; the S&P 500 has gained 24%, 23%, and 16% annually.
3 hours ago
The US siege of Venezuela is a move that has exposed oil reserves and other resources for the U.S. to control
4 hours ago
The U.S. economy is growing and failing to generate jobs at the same time.
1 day ago
A World Economic Forum survey revealed that about 41% companies are planning to reduce their workforce.
2 days ago
The TikTok user shared that the cost of 122 grocery items back then was just $155.
2 days ago
The cost of living adjustment (COLA) won't be as high as it is now in a year's time.
2 days ago
Mortgage rates have been falling in the last year, but the housing market hasn't done well.
2 days ago
The contestant was following the host's advice, but even he did not expect it to work so well.
2 days ago
A man's Walmart experience where an item that cost $12 online, surged to $29 at store, irks the internet
2 days ago
The Treasury Secretary also asked the Fed to go forward with an open mind in 2026.
2 days ago
The South provides a unique shot at affordable living, which is attractive to millions.
3 days ago
"Dan's big win was adding the vowel "I" to his letter combo. Congratulations on $40K!" a fan reacted.
3 days ago
President Trump said he would ask the Congress to 'codify' the ban and share more details soon.
3 days ago
The show also led to a surge of interest in several products that translated into rising sales.
3 days ago
The contestant had the best chance to win the car but her own choices cost her.
3 days ago