Employee wellbeing is one factor that companies have been struggling to embrace for a long time now. Historically it was the least concerned issue among employers as they were not bothered about the satisfaction or the challenges of the employees' workloads in daily work life.
But things have been changing now! With the introduction of Industrial Revolution 4.0, i.e., the "The era of IoT and A.I.," we can witness the market's quality and speed elevating at a significant level.
With great powers comes great responsibilities.
With cutting-edge technology, as companies thrive for their excellence, employers' expectations of work rise significantly. These challenging times impact significantly on an employee's overall wellbeing.
Why Do Employee's 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.
But the good news is these health issues, which approximate upto 80% illness and 90% of all health care costs, are preventable!
How Can Employers Reduce Preventable Diseases?
We can also see the immediate popularity of offering workplace wellness initiatives among employers who hope to maximize employee productivity.
14 Interesting Employee Wellbeing Statistics Every Leader Needs To Know
Here is a list of research and statistics that shows many aspects of employee health and wellness as your reference.
1. 52% of 1153 remote employees reported feeling mistreated and shunned by their peers
A Harvard business review found that employees who worked from home at some of their work-life experienced mistreatments and distrust from colleagues who come to the office.
Cases of backbiting, lobby, and misunderstandings during group projects are among the main concerns among remote workers. 84% reported dragging the worries for a few days to weeks, doing the work challenging with the team.
2. 41% of surveyed remote employees felt a high level of stress than office workers
Unplugging from work and work-life balance gets affected while working remotely. It leads to stress and engagement issues among remote workers. Also, a joint ILO-Eurofound report revealed that remote employees experience stress compared to only a quarter of office employees.
3. 83% of disabled remote workers responded that remote working helped them continue their careers
As the entire world has shifted into remote working, Policy Connect reports that remote working is a most sought after means of continuing one's work.
As per GitLab's Global Remote Work, 14% of remote employees have some disability or chronic illness. Because of the position from home facility, these employees can contribute to the workplace.
4. 97% of employees enjoy more flexibility while working from home
The annual report by Flexjobs reports that employees enjoy flexibility perks while working from home. It helps them save on traveling and food expenses.
76% of employees preferred working from home because of work-life balance. They can spend quality time with their family, which helps them in reducing stress. 97% report that flexible jobs impact positively in their life.
5. 59% of U.S. employees would like to continue remote working post-Covid-19 pandemic
Due to the Covid-19 pandemic, 62% of American employees started working from home in March. Gallup's study reports that 59% of them will prefer their post-Covid 19 lifestyles even when the office reopens.
6. 19% of remote workers struggle with emotional stress and loneliness
In Buffer's annual report State of remote work, 19% of 2500 surveyed employees reports facing struggles and loneliness while working from home. Miscommunication and unavailability of resources make the job much more challenging as sometimes they have to work alone, without any help.
7. 76% of the respondents agreed with offering some wellness initiative
Research by SHRM indicated that three-quarters of respondents offered wellness programs, resources, or services to their employees. Among these respondents, 50% reported increased employee participation than in the previous years.
8. Nine in ten organizations offer at least one wellness initiatives
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, where on average such programs were continued for 7.6 years.
9. Smoking cessation tops as the most popular physical wellbeing programs
With a 91% vote, Fidelity, in its 2017 survey, reports that smoking cessation tops the chart in physical wellness programs. It is followed by physical activities(86%) and weight management(79%).
10. Financial Security Programs are in vogue
In its 8th annual survey of health and wellbeing, Fidelity reported that 84% of companies offer financial security programs like debt management tools or loan counseling. These initiatives have increased their popularity by 76% as compared to the previous year.
Economic security programs are the third-most-popular offering, following physical wellbeing programs (95 percent) and emotional health programs (87 percent).
11. 59% agreed that investing in employee health and wellness programs can reduce healthcare costs
A study by NSBA reports that offering workplace wellness programs is useful for saving employee healthcare costs. Employees who participate religiously in wellness programs are physically active and feel less sick.
These healthy employees are more productive and agile at work, which helps produce quality results and customer services.
12. Well-structured wellness programs offer a higher return on investment value
Considering the return of investment(ROI) factor is essential when accessing wellness programs. According to the U.S. Chamber of Commerce, investing in well-designed health and wellness programs can bring a higher ROI value of $1.50 to $3 per dollar.
13. Investing in wellness programs lowers employee absenteeism costs
More and more companies are investing in wellness programs to reduce injuries and other health issues. Also, a study by ISDH reports that for every dollar invested in wellness programs, the organization can save $5.82 in lowering employee absenteeism costs.
14. 77% of employees found wellness programs to impact the culture at work positively
A survey carried out by Virgin HealthMiles Inc. and Workforce management magazine reports that health and wellness programs help in elevating the culture of wellness at work.
This study found out that the fitness of employees and organization shares a common bond. Keeping a check on your employee's health results in job morale, commitment, and satisfaction.