The health of your employees affects more than just the cost of treatment. Researches show that healthy employees are more productive, happier, less stressed, and work with higher morale. Did you know more than 75% of healthcare costs are due to preventable health risks, such as:
- Insufficient training
- High cholesterol
- Cardiovascular disease
- High blood pressure
Yes, these health issues are common, and many of your employees might be going through them. But how can you control it? For that, let us understand the basics of the Corporate Wellness Program.
How Important are Workplace Wellness Programs?
These programs usually provide employees with tools, social support, incentives, and strategies to adopt and maintain healthy habits. However, unhealthy lifestyle choices often lead to chronic diseases, and corporate welfare programs can help people minimize the chances of developing these conditions.
Chronic diseases cost companies more than a trillion dollars in lost productivity each year. That's why you need to focus on corporate well-being. Promoting wellness behaviors in the organization and choosing the right company health partners can benefit in many ways.
The company's best wellness providers reward employees for taking care of themselves, provide digital and physical assistance to employees and have round-the-clock doctors who support employees with their physical and mental health advice.
Corporate wellness programs have many business benefits, some of which can reduce the financial impact of employee stress.
- improve employee health behaviors
- reduce increased health risks
- reduce health care costs
- increase productivity and employee engagement
- reduce absenteeism
- enhance staff recruitment and retention
- maintain high employee morale
Organizations need to understand the impact of an effective corporate wellness program. You’ll find some excellent workplace health and wellness statistics in the next section.
Workplace Wellness Statistics
This BIG list of statistics is broken up into topics like mental health, workplace wellness trends, workplace wellness programs, etc. So let’s dive into these exciting and informative statistics!
Workplace mental health statistics
1. 82% of workers diagnosed with mental illness do not inform their workplace managers about their condition. The common reasons are fearing the negative impact on their career, being embarrassed, and even losing their job. (Source).
2. 10.7% of the world’s population (792 million) have at least one mental health disorder (Ritchie and Roser, 2018). That number rises to 22.1% in countries affected by conflict, fragility, and violence. (Mental health, n.d.)
4. The service for mental health diagnosis, treatment, and referral for low-income and medium-income countries and some low-income areas of high-income countries is limited to hospitals or clinics. Services that should be delivered in primary care and community health centers are severely lacking. (Source)
Workplace wellness trends statistics
5. Half of the employers (49%) would implement a wellness program through a third-party vendor (Source)
6. The global corporate wellness market was valued at 52.8 billion dollars in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.0% from 2021 to 2028. (Source)
7. Only 21% of organizations said their well-being strategy was well-rounded, and work was designed around well-being and the workforce experience. (Source)
Employee well-being statistics
8. 89% of employees at companies that support well-being initiatives are more likely to recommend their company as a good place to work. (Source)
9. 31% of employers offer telemedicine to their employees as part of a wellness program. (Source)
10. Almost 35% of employees report that the stress they experience at work harms them. (Source)
Workplace financial wellness statistics
11. Thirty-seven percent of workers say they have more debt than they can manage. (Source)
12. 5% of employees have missed a day or more in the last six months due to financial stress (Source)
13. Seven in ten employees feel financial wellness programs helped reduce stress and increase loyalty to their employer (Source, 2019)
14. Nearly four in five employees (78 percent) with high financial stress say that they are distracted by financial stress at work, and it’s not just workers with lower incomes. (Source)
Workplace emotional wellness statistics
15. 45% of well-being budget increases were allocated to mental and emotional well-being programs. (Source)
16. Depression leads to $51 billion in costs due to absenteeism and $26 billion in treatment costs. (Source)
17. 38% of participants in a wellness program said that it helps them take fewer sick days. (Source)
18. 54% of employees say their employers should offer financial rewards for living healthy lifestyles. (Source)
19. 24% of remote workers struggle with emotional stress and loneliness (Source)
Workplace wellness and productivity statistics
21. With every dollar invested in wellness programs, the organization can save $5.82 in lowering employee absenteeism costs. (Source)
22. Employees who feel their voices are being heard feel 4.6 times more empowered and likely to perform better. (Source)
23. At least 25% of the employees at the workplace feel drained out at work. (Source)
Benefits of workplace wellness statistics
25. 70% of employees enrolled in wellness programs have reported higher job satisfaction than those not enrolled in the companies’ program (Source)
General workplace well-being statistics
27. 68% of senior HR leaders rated employee well-being and mental health as top priorities. (Source)
29. There is a growing demand for mental well-being programs, financial wellness, as well as behavioral health (Source)
30. 56% of employees had fewer sick days because of wellness programs (Source)
The concept of an employee wellness program has been around for some time, but it continues to evolve, especially as information about its benefits becomes more prominent.
Do you want to add any other workplace wellness stats to this list? Please drop your thoughts in the comments.
Originally published May 16, 2022 - 6:59 AM, updated June 15, 2022