HR initiatives are kind of bad - WHY

Hey all I’m a grad comms at a private organisation and I’m genuinely curious about how HR think about employee wellbeing.

From an employee perspective, a lot of workplace wellbeing initiatives can feel a bit vapid. Things like pizza lunches, morning teas, end of year celebrations, free chocolate - is this all we are to expect? Not saying we need more snacks but maybe more support, things of actual interest to improve wellbeing? I’m not sure they’re what actually help people build resilience, improve wellbeing, or “perform better”

What does a genuinely good wellbeing initiative look like to HR and why are they not doing it? What are they spending their budget on because surely they would have some ?

I’m also curious as I’m thinking about moving to HR if I can. I feel like the way as an employee I see the wellbeing “initiative”, is not how the HR people do- despite them being also an employee.