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70 Interesting Employee Wellbeing Statistics You Should Know

9 min read
Last Updated on 30 July, 2024
70 Interesting Employee Wellbeing Statistics You Should Know

According to Nailted reports, "85% of big and 54% of small companies offer wellness programs to their employees."

Do you see that? Organizations worldwide are becoming increasingly aware of how wellness activities benefit their workforce and lead to company success.

Employee wellbeing is one factor that companies have been struggling to embrace for a long time now. Historically, it was the least concerning issue among employers, as they were not bothered about the satisfaction or challenges of the employees' daily workloads.

But as mentioned, things have been changing now! With the introduction of Industrial Revolution 4.0, i.e., the "era of IoT and A.I., "we can witness the market's quality and speed elevating significantly.

With great powers comes great responsibilities.

With cutting-edge technology, as companies strive for excellence, employers' work expectations rise significantly. These challenging times impact an employee's overall wellbeing significantly.

Here is a blog that offers insights on recent employee wellbeing statistics to create awareness of how the corporate world is changing, its impact, and how much more improvement there can be.

Why Does Employee Health and Wellness Matter?

From product development to sales, employees form the very backbone of your organization. They are the heart and soul of the business. Unhealthy and sick employees are prone to absenteeism, decreased productivity, and higher job turnover.

It is a wake-up call for employers to consider investing heavily in wellbeing initiatives to improve their employees' fitness and satisfaction.

But the good news is that these health issues, which account for up to 80% of illness and 90% of all health care costs, are preventable!

How Can Employers Reduce Preventable Diseases?

Employers can help prevent illnesses and healthcare costs by providing wellness activities for their employees and their families.

We can also see the immediate popularity of workplace wellness initiatives among employers who hope to maximize employee productivity.

So, if you're considering investing in a wellness program, check out Vantage Fit, the leading corporate wellness company offering avant-garde corporate wellness services.

The Rise of Employee Wellness in the Current World

The ways of the current world are changing rapidly. We are witnessing specific changes for the better, like prioritizing our health. Nowadays, people are aware of and focus on the various health conditions. Similarly, employers are also trying to ensure their workforces are fit and fine.

They know it helps boost productivity, reduces healthcare costs and absenteeism, and develops a positive work culture.

Interesting Employee Wellbeing Statistics Every Leader Needs To Know

Here is a list of research and employee wellness statistics that show many aspects of employee health and wellness across various dimensions.

1. Wellness and Stress

Workplace stress is significant when job demands exceed an employee's capacity and resources.

2. Wellness and Productivity

It is well-known that healthy employees are more productive and deliver efficient results.

  • 25% of productivity was seen in the workplace with the implementation of wellness programs. - National Institute of Occupational Health

  • Companies offering wellness programs have a 66% rise in employee productivity. - Gitnux

  • Individuals who boosted their health increased productivity by about 10%. - Researchgate

  • Organizations prioritizing wellness initiatives get a five percent boost in productivity over those that do not. - Management Science

  • Every 9 in 10 workers feel motivated to work if their leaders support well-being efforts. - American Psychological Association

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3. Wellness and Retention

When employees see that the organization cares about their wellbeing, they are more likely to stay loyal to it.

  • A workplace wellness trend report says that 70% of employees in companies that implement wellness programs are satisfied with their jobs. - MetLife

  • 80% of the employees working in organizations that provide wellness initiatives say they enjoy their jobs. - Zippa

  • 85% of employees say they plan on staying in their jobs when employers care for their wellness. - Zippa

  • Company wellness initiatives are seen as crucial by 58% of millennials when it comes to job searching. Furthermore, 54% of Generation Z expresses the same opinion. - Deloitte Insights

  • According to 45% of workers at small and medium-sized companies, wellness initiatives would encourage workers to stay with their employers for much longer. - Principal Financial Wellbeing Index

4. Wellness and Toxicity

Workplace toxicity is a real thing and can significantly hinder an employee's state of mind. A toxic workplace involves negative attitudes and practices that hamper productivity and induce mental stress.

  • There's a 25% reduction in workplace conflict in organizations implementing complete wellness programs. - American Psychological Association

  • Companies with solid wellness initiatives reported a 30% decrease in bullying and harassment incidences. - Workplace Bullying Institute

  • Workers who feel encouraged by their wellness initiatives are 67% more likely to express high levels of job satisfaction, which is correlated with a decrease in workplace toxicity. - Gallup

  • Workplace toxicity can be reduced by 20% through wellness programs that teach emotional intelligence, conflict resolution, and communication. - SHRM

  • 18% of employees say their workplace is hazardous, with higher rates (22%) recorded in physical labor and customer service professions. - SelectSoftware Reviews

  • 77% of employees found wellness programs to positively impact the culture at work. - Virgin HealthMiles Inc

5. Wellness and Financial Stress

Financial health is one significant aspect of life, and it sometimes comes with worries and stress.

  • 44% of workers say they feel "financially well," which is a five-year low. - Bank of America

  • Employees who participate in financial wellness initiatives are 50% more likely to feel financially secure. - Prudential

  • Employers who provide wellness programs reported better financial development and sustainability, with 63% reporting this. - Workplace Wellness Trends

  • According to 84% of companies, providing financial wellness tools helps lower employee turnover. - Bank of America

  • 37% of employees are concerned about losing their jobs due to a potential recession. - World Economic Forum

  • Compared to 32% of employees without access to financial wellness benefits 44% of those with such access feel highly confident about their financial future. - Prudential

  • Economic security programs are the third most popular offering, following physical wellbeing programs (95 percent) and emotional health programs (87 percent). - Fidelity

  • 84% of companies offer financial security programs like debt management tools or loan counseling. These initiatives have increased their popularity by 76% compared to the previous year. - Fidelity

6. Wellness and Healthcare Costs

Employee wellness programs are very beneficial for employees and their health. They improve employee wellbeing and minimize absenteeism.

  • 60% of participants stated that workplace wellness initiatives decreased healthcare costs for their company. - U.S. Chamber

  • According to industry studies, every dollar invested in corporate wellness initiatives yields a $1.47 return on investment. - Avalere Health

  • For every dollar invested in wellness initiatives, the organization saves $5.82 in reduced employee absence expenses. - HR Future

  • 72% of companies reported lower healthcare costs due to introducing a wellness program. - Zippia

  • The average return on investment (ROI) for employee wellness programs is six to one. - Zippia

  • 59% agreed that investing in employee health and wellness programs can reduce healthcare costs. - NSBA

  • Investing in well-designed health and wellness programs can bring a higher ROI value of $1.50 to $3 per dollar. - SFM

7. Wellness and Remote Working

Many employees see remote work as a struggle. Working from home is also sometimes termed working in isolation, leading to burnout and stress. On the other hand, there are people who even enjoy the remote working culture.

  • 52% of 1153 remote employees reported feeling mistreated and shunned by their peers. - Harvard Business Review

  • 41% of remote employees surveyed felt a higher stress level than 25% of office workers. - United Nations

  • Remote work is enabling disabled workers get more job opportunities and helping them continue their careers. - Economic Innovation Group

  • 97% of employees enjoy more flexibility while working from home. - Flexjobs

  • 19% of remote workers struggle with emotional stress and loneliness. - Buffer

8. Wellness and Burnout

Often, workplace stress hampers mental health to an extent where employees start feeling burnout, an act of physical, emotional, and mental exhaustion.

  • 95% of employees report experiencing burnout from regular, frequent video conferences. - Webex

  • 80% of human resource professionals were willing to quit their employment in the last year, and 98% reported feeling burned out at work. - Workvivo

  • When their firm implements a recognition-based wellness program, 90% of employees report feeling less burned out. Indeed, their likelihood of having a positive attitude toward their lives and future is doubled. - Workhuman

  • Among employees, 62% of women and 57% of men report having at least moderate degrees of burnout. - Aflac

  • Among 15,000 employees in 15 countries, 25% of workers reported having burnout symptoms. - McKinsey Health

  • 44% employees in the UK feel drained out and exhausted at the end of the working day. - Telus' Mental Health Index

9. Wellness and Absenteeism

Absenteeism implies a situation where employee skips work without any valid reason.

  • Employers with a high participation rate in their wellness programs reported an average 41% decrease in absenteeism. - Gallup

  • Work units that rank in the top quartile of employee engagement—which is frequently boosted by wellness programs—have absenteeism rates that are 41% lower than those in the bottom quartile. - Gallup

  • Employers in the United States with wellness programs report less absenteeism and higher productivity—66% of them. - GoRemotely

  • Over the course of ten years, Johnson & Johnson's wellness initiatives have significantly reduced absenteeism and saved $250 million in healthcare costs. - Harvard Business Review

  • Spending on wellness initiatives reduces medical costs by approximately $3.27 and reduces absenteeism costs by approximately $2.73 for every dollar invested. - ResearchGate

  • Investing in wellness programs lowers employee absenteeism costs. - ISDH

Benefits of Employee Wellness Programs

  • A study on wellness programs in the workplace reports that 61% of employees revealed that companies that encouraged fitness programs helped them make better lifestyle choices.

Most reports and surveys suggest that employee wellness programs benefit employees and employers alike. While they boost productivity and help alleviate stress in individuals, they also prevent absenteeism and high healthcare costs.

  • According to American Psychological Association, 77% of workers admitted that corporate fitness programs affect the company's culture. Only 17% would recommend the company as an excellent place to work.

From physical to mental wellness, these programs help keep health risks and stress levels at bay.

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Booming Wellness Industry

In the present corporate scenario, employers are taking steps to ensure wellbeing of their employees. Infact, employee health is a real thing these days.

  • 76% of the respondents in a SHRM survey agreed with offering some wellness initiatives.

  • Research by SHRM indicated that three-quarters of respondents offered their employees wellness programs, resources, or services. Among these respondents, 50% reported increased employee participation compared to previous years.

  • As per Beyond Market Insights, the corporate wellness sector is booming, with global market value projected to exceed $93 billion by 2028.

  • Nine in ten organizations offer at least one wellness initiative.

IFEBP, in its 2017 wellness trends report, indicates that organizations were involved in offering wellness initiatives. More than 9 in 10 offered a wellness program; on average, such programs continued for 7.6 years.

  • Smoking cessation tops as the most popular physical wellbeing programs.

With a 91% vote in its 2017 survey, Fidelity reports that smoking cessation tops the chart in physical wellness programs. It is followed by physical activities (86%) and weight management (79%).

With organizations realizing the need for wellness initiatives, they are ensuring their implementation in various forms. Some companies are hosting marathons, while others are supporting digital wellness platforms that provide a wide array of features.

They understand the value of employee health and, therefore, leave no chance to take good care of the employees. Using the mentioned virtual platforms, they initiate wellness contests and challenges for their employees and encourage full participation by incentivizing them.

These AI-based platforms come with features like step tracking, nutrition, water intake, and activity logs among others.

So Start Your Corporate Wellness Journey Today.

The Future of Employee Wellness

The future of employee wellness is taking a very holistic approach. Wellness is no longer limited to physical wellness; it encompasses all dimensions, including mental, emotional, and financial.

Wellness programs are conceptualized around these areas. For instance, financial wellness programs help employees manage their finances and make wise financial decisions. Similarly, mental health programs will also be prioritized to remove the stigma and assist employees with their issues and stress.

With technology on the scene, AI-powered tools are establishing greater relevance and providing more wellness solutions. These days, workplaces are also designed to foster wellbeing.

Overall, the goal for the future is mostly focused on creating a healthier and more productive workforce.

  • According to Wellable, the market for corporate wellness is expected to increase from an estimated $61 billion in 2023 to $85 billion by 2030.

  • In 2024, 44% of businesses intend to increase their investment in employee wellness benefits, while 51% say they will keep their current level of investment.

  • 91% of companies intend to increase their investment in mental health resources.

  • 55% of employers plan to increase their investment in mindfulness and meditation programs.

  • As of 2024, 52% of employers intend to increase their contributions to lifestyle spending accounts.

Conclusion

As established, employee wellness programs benefit both employees and organizations. They even help create a better company culture. With active and fit employees, productivity and efficiency also increase.

The above-mentioned employee wellbeing statistics provide insight into the corporate wellness scenario and how employees feel about them.

This article is written by Dipshi Bhattacharjee. Besides working as a Content Writer at Vantage Circle, she is an animal lover with a huge fascination for Cinema, Television & Foreign languages. For any related queries, contact editor@vantagecircle.com

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