Well-being at work emerges as a strategic priority also for the APAC region. Many companies are implementing innovative programs for financial wellness, mental health, healthy diet and exercise, mindfulness, sleep, stress management, and more.
As the result of work and life getting blended more and more, well-being programs become a corporate responsibility. Furthermore, a strategy to drive employee productivity, engagement and retention. In addition, the cost reduction in health care and positive employer branding by meeting new social expectations, makes this an attractive market.
By 2024, the region can expect a corporate wellness market worth of US$7.4 billion. On the other hand, companies ignoring corporate wellness across Singapore, Malaysia, Indonesia, and The Philippines had productivity losses totalling US$44.6 billion within a fiscal year.
Given that well-being is part of the business strategy, how can the C-suite promote it? Following, is a good overview by Deloitte.
What role does the C-suite play in promoting well-being?
In addition, I selected articles for you with valuable statistics on the connection between well-being and employee engagement. Furthermore, find top articles exploring the relationship between Wellness, Engagement, Innovation and Leadership. Followed by hands-on steps to implement a more personalised, integrated approach to employee well-being.
Healthy and engaged employees, in concert with a strong workplace culture, are the secret sauce for business success. The following statistics emphasise the need to make engagement and wellness strategic priorities for your organization.
As leaders, it’s up to you to break the mold and help employees cultivate the ideas that drive your business forward. Here are five tips to share with your employees to better leverage well-being to drive innovation in your workplace.
Well-being is not an isolated program or initiative. Well-being is purpose-driven and woven into the fabric of an organization’s values and the employee experience. It is inextricably linked to a myriad of policies, programs and benefit offerings as well as to desired culture, productivity improvement, longer-term organizational talent retention and sustainability of business results.
Companies can implement a more personalized, integrated approach to employee well-being by following these six steps.
The countries and industries where subjective well-being is highest.
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