White paper: A new approach to employee wellbeing
Key findings:
- The Centers for Disease Control and Prevention estimate that more than 75 per cent of healthcare costs are due to chronic conditions which are largely preventable.
- Globally, 3.4 billion workers are unwell, costing 10 to 15 per cent of global economic output.
- Between 25 to 50 per cent of typical employers’ annual medical care costs could be avoided by addressing such things as physical activity, weight management, smoking cessation and preventive health care.
- Employees thriving in all five elements of wellbeing – purpose, social, financial, community and physical – miss 41 per cent less work and are 81 per cent less likely to seek out a new employer in the next year.
