Measuring well-being at organizational context: exploring the Better Life Index as a measurement tool

Susana Dias, Sílvia Luís and Bernardo Cruz

Social Responsibility Journal, 2024, vol. 20, issue 6, 1041-1055

Abstract: Purpose - This study aims to explore prevailing perceptions and practices related to well-being indexes within organizations, using the Better Life Index (BLI) as an example. Design/methodology/approach - This investigation consists of two surveys in Portugal. Study 1 (N = 311) explores public perceptions of well-being in business and its relationship with socio-demographic factors. Results show a highly positive attitude toward organizational well-being, with a preference for companies prioritizing well-being over higher salaries. Study 2 (N = 62) shifts focus to business characteristics linked to the intention of implementing well-being indexes and examines the impact of Study 1 findings on organizational representatives’ responses. Findings - The findings reveal a positive and statistically significant correlation between the intention to adopt well-being indexes and both company size and sector. The dissemination of Study 1’s results acted as a catalyst for organizational representatives, motivating them to adopt well-being indexes. Research limitations/implications - This research marks an initial step in incorporating well-being indexes in organizational settings. Future research should focus on identifying organizational factors that could hinder or encourage the adoption of well-being indexes. Practical implications - The results contribute to understanding which factors might be relevant when deciding whether and how to measure well-being at organizations. Originality/value - This study highlights the potential effectiveness of these indexes in promoting well-being within organizations, while also examining the feasibility of using the BLI to assess the impact of businesses on various well-being dimensions.

Keywords: Well-being; Organizations; Indexes; Better Life Index; Corporate social responsibility (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eme:srjpps:srj-07-2023-0375

DOI: 10.1108/SRJ-07-2023-0375

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