How Is The Global Corporate Wellness Market Benefitting The Employees?
Corporate Wellness is any activity or policy designed to support healthy behaviour in the workplace to improve productivity as well as the health of the employees. It comprises of activities such as basic health education, weight management programs, medical screenings and on-site fitness facilities.
An increase in the number of lifestyle diseases among employees due to long work hours, unhealthy eating habits and sedentary lifestyle has been creating a huge demand for the global corporate wellness market all over the world.
Many chronic diseases are preventable and just by bringing about some holistic changes through the corporate wellness program. It mainly focuses on the importance of habit creation and the benefits of sticking to wellness goals. Employers are also working on tailor-made individual wellness programs instead of the prevalent one size fits all ones.
Due to the increasing global mental awareness, more and more employers are also focusing on the mental health of the employees apart from their physical health. According to a study conducted worldwide, it has been found that the work culture is one of the biggest roadblocks that the employees face in their efforts to lead a healthier and happier life.
Additionally, with the rising stress among office goers and their deteriorating mental and physical health, companies are also losing workdays and money. As a result, many companies don’t just stop at providing health insurance but also work on better corporate wellness programs for the benefit of both the employees and themselves.
Corporate wellness programs not only boost productivity but also helps in stress and anxiety management and increase employee engagement and communication. But there is always the argument about whether just incorporating wellness programs in the workplace is beneficial for the employees. People are not always convinced that a fitness program and a games room are the antidotes to the global epidemic of workplace burnout and stress.
Though companies think that the wellness programs they offer must be a real privilege to the employees, people do not always need dogma, instead, they need support during downtime. While companies provide allocated sick days and paid and unpaid leaves, they make it extremely difficult for the employees to access those. Accessibility to leaves is essential because it helps people with mental health issues to manage their challenges or breakdowns. Also, the manager and the HR should work on making the policies clear to the employees so that they can take full advantages of the benefits they are provided.
Most wellness studies that have reported positive results of the same, are generally not of high quality and have only indicated short term results. There are several other studies on the effect of wellness programs which have suggested that these programs do no improve employee health or reduce healthcare costs.
Corporate wellness programs have the potential to lead to healthier outcomes for the employees and decreased costs for the companies. But the global corporate wellness market will need far more research and engagement to work out the equation of having happier, healthier and more productive employees.