Employee wellbeing is a critical part of company culture
Employers who have effective wellbeing programs have better outcomes across a range of key metrics.
Overall wellbeing effectiveness
| Low | Medium | High | |
|---|---|---|---|
| Financial performance | 44% | 55% | 69% |
| Retention of key talent | 25% | 36% | 50% |
| Employee productivity | 31% | 48% | 66% |
Employees are more likely to stay, be engaged and productive when there is a culture of wellbeing
Wellbeing culture
| Low | Medium | High | |
|---|---|---|---|
| Intentions to stay I would like to remain with my employer for the next 2 years (“agree” or “strongly agree”) |
47% | 62% | 89% |
| Engagement Percentage highly engaged |
8% | 23% | 63% |
| Days lost to absence | 6.3% | 4.5% | 5.1% |
| Days lost to presenteeism | 17.7% | 12.8% | 11.4% |
Top five areas of focus to improve wellbeing culture
- 91% Communication
- 88% Employee experience
- 85% Portfolio
- 84% Financing
- 79% Analytics, insights and reporting
4 in 5 employers are focusing on manager training to improve their culture of wellbeing
Employers are taking action to connect wellbeing to the employee value proposition
| Action taken | Action taken | Considering action for 2024 or 2025 | |
|---|---|---|---|
| Make diversity, equity and inclusion an integral part of our organization’s values and culture | 58% | 17% | 10% |
| Build health and wellbeing into the organization’s employee value proposition | 57% | 18% | 12% |
| Make psychological safety a core part of the organization’s goals | 54% | 17% | 10% |
| Design wellbeing programs to focus on the employee needs and requirements | 49% | 26% | 12% |
46% of employers regularly use listening strategies to identify the wants and needs of their employees
Actions to take now!
- Engage in listening activities such as surveys and virtual focus groups
- Combine listening data with market data to develop or refresh your wellbeing strategy
- Provide people leaders with training to educate and create awareness
- Agree on how you will measure the effectiveness of your wellbeing strategy
- For help in developing a wellbeing strategy or refreshing your current approach, contact WTW
About the surveys: 35,549 employees participated in the 2022 Global Benefits Attitudes Survey. 974 employers participated in the 2022 Global Wellbeing Diagnostic Survey (respondents employ three million workers).
Download
| Title | File Type | File Size |
|---|---|---|
| Infographic: Employee wellbeing is a critical part of company culturePDF | .1MB |