An investment in wellbeing

How ORIX NZ invested in wellbeing

For three and a half decades, ORIX New Zealand has been leasing almost any kind of vehicle to any type of business. Today they offer a broad range of specialist services across fleet management and optimisation, sustainable vehicle technology, commercial finance, and used vehicle sales.

ORIX NZ’s wellbeing initiatives stand out for their holistic and inclusive approach, setting a new benchmark for employee care in the corporate sector. As a Japanese-owned, financially driven global organisation, ORIX NZ has challenged itself to balance these expectations with the wellbeing of its team. ORIX has developed a comprehensive strategy integrating physical health, mental wellbeing, and community engagement, creating a multi-faceted support system for employees.

What sets ORIX apart is its genuine commitment to wellbeing; there is no tokenistic demonstration here—the team is incredibly passionate about it. The wellbeing strategy encompasses various health aspects. Physical health initiatives like 'Steptember' see nearly 50% employee participation, collectively walking over 11 million steps.

All employees are offered health insurance cover with Southern Cross Health Insurance on a RegularCare plan, plus Income Protection Insurance through another insurer. ORIX provides comprehensive EAP services, which include personal counselling, financial coaching, diet and nutrition advice, and smoking cessation.  This commitment ensures employees have access to resources that address their diverse needs, fostering an environment where they can thrive personally and professionally. ORIX emphasises diversity and inclusion through its Diversity, Equity, and Inclusion Working Group, recognising cultural events such as Matariki and Māori Language Week. Initiatives like ‘Personal Significance Day’ – a day off that allows staff to take time for meaningful personal occasions empower employees to celebrate their identities; enhancing morale and fostering a sense of belonging.

Additionally, ORIX encourages community involvement with two paid volunteer days each year. Activities such as fundraising for Hato Hone St John, donating care packages to Women’s Refuge and the "Craft for a Cause" programme where employees knit blankets for Starship Hospital cultivate a culture of giving back while enhancing job satisfaction.

With a data-driven approach, ORIX demonstrates the tangible benefits of its wellbeing initiatives. Their focus on employee wellbeing has had a profound impact on business outcomes and workplace culture. Employee attrition rates have dropped to the lowest they’ve seen in years, reflecting higher employee satisfaction and loyalty. The annual DEI survey shows their culture has been transformed, with 92% believing the company allows them to “be themselves” and 91% feeling actively valued. A peer-nominated recognition programme saw a 76% increase in nominations, and participation in wellbeing initiatives has surged.

ORIX New Zealand subsidises the Southern Cross Health Insurance RegularCare plan for its employees.