Every business’s goal is to optimize productivity. So how do you do that? One way is to enhance your employees’ well-being. This simple step can yield positive results, both for the individual and your entire organization. Happy employees are productive employees—and the data backs that up.
If you’re thinking about implementing a workplace wellness program—or improving an existing one—here is a list of important workplace wellness statistics to consider.
1. Burnout is prevalent in the workplace
Burnout is extremely common in the workplace, reducing engagement and productivity. According to a study by Career Builder, three in every five workers feel burned out in their current role, while over 30% of employees feel very high levels of stress at their job.
2. Employees believe company training helps
While burnout is common, there are effective ways organizations can help their employees. In fact, almost half of employees believe that company training and wellness programs have helped them manage their stress at work, according to a study by Udemy.
3. Employers and employees differ on what support looks like
It’s true that employer support can help workers manage stress. Yet statistics show that while employers consider themselves supportive, employees may have different ideas of what constitutes a helpful wellness program.
According to a 2020 IBM study, less than half of employees thought their company supported their health and wellness, while 80% of executives believed they were supportive to employees.
As a leader, how can you fix the disconnect? Getting feedback from employees through one-on-one meetings or anonymous surveys can help you discover what your employees need from you in order to be more productive and engaged.
4. Wellness programs result in positive ROI
Some managers may be hesitant to implement an employee wellness program. They may not believe it will make much difference. They also may be wary of spending the money. Yet studies have found that wellness programs are actually profitable. A study by US Chamber found that, over a two to nine year time span, effective wellness programs resulted in a return on investment of $1.50 to $3 for every dollar invested in wellness programs.
5. Wellness programs improve company culture
A great company culture is an important intangible assets for businesses. A strong culture can attract high-performers and can increase engagement among your current employees. While there are many ways to improve company culture, studies find wellness programs to be effective. A Workforce Management Magazine and Virgin HealthMiles Inc. study discovered that over 75% of employees believe that wellness programs have a positive effect on company culture.
6. Wellness programs reduce absenteeism
Another way employee wellness programs make good business sense: reduced absenteeism. The Indiana State Department of Health found that for every dollar invested in wellness programs, companies save $5.82 due to lower absenteeism.
On the other hand, a U.S. Chamber of Commerce study found that employees scored low on the study’s “life satisfaction” indicator stayed home from work an additional 1.25 days per month compared to employees with higher life satisfaction scores.
Improve your engagement, company culture and productivity today
As the statistics show, implementing a wellness program can greatly benefit your business, including increased productivity and profitability. If you are looking for effective ways to improve your organization's productivity levels, engagement, or company culture, I encourage you to reach out to me today.