Employee Wellness Statistics By Employee Benefits, Organization, Company Size, Worker’s Opinion and Country

Introduction

Employee Wellness Statistics: Employee wellness Statistics have gained more significance in the modern workplace as companies acknowledge the benefits of having a healthy workforce. These programs aim to improve employees’ physical, psychological, and emotional wellness, resulting in increased productivity, reduced absenteeism levels, and general job satisfaction. The global employee wellness market was valued at approximately $58.7 billion US dollars in 2023, showing an increase from the previous year’s value.

This upsurge is due to the ever-growing awareness among employers regarding investing in their own workers’ health and wellness. Such measures are expected to raise this figure to about $63.2 billion US dollars by 2024, representing a 7.7% year-over-year growth rate.

In this article, we shall look at employee wellness statistics for 2023 and 2024 from a market researcher perspective, showing trends, expenditure patterns, and, more importantly, their impact on these programs.

Editor’s Choice

• Incrementally, there is demand for mental wellness plans, financial health, and behavioral health strategies.
• The market for holistic players matches that of conceptualizing dot solutions.
• Employee wellness statistics show that about 72% of employers noted a reduction in healthcare costs after implementing wellness programs at the workplace.
• 83% of large firms have wellness programs.
• 66% of employers would prefer a mobile-first app to serve their employees.
• Organizations that adopt wellness programs report an overall productivity increase of 66%.
• Many are increasingly applying niche point solutions targeting diabetes, mental wellness, and financial wellness.
• On average, employee wellness programs generate $6 ROI.
• Currently, 60% of organizations provide wellness initiatives.
• For example, 34% of organizations include financial security services such as budgeting resources, debt management tools, or student loan counseling in their wellness plans.
• 33% of employers offer remote work options, 41% offer flexible working hours, and 31% use a four-day work week.
• A workplace with time-off respect will be conducive to workers’ happiness.
• The main three challenges faced in meeting multiple-point solutions are communication, integration, and perplexity.
• Companies offering wellness programs accounted for 52% of the U.S.
• Employee wellness statistics indicate that after an employer-provided exercise program, 57% of employees engaged in high health risks decreased their risk.
• 80% of employees in pet-friendly workplaces feel happy, calm, and social while working near pets.
• Interest in outcome-based wellness programs has declined from 72% in 2017 to 39% in 2019.
• Wellness programs have led to a decrease in absenteeism by between 14-19%.
• These employee wellness programs enhance morale and productivity.
• 49% of employers would use a wellness program through an external vendor.
• Some wellness trends aimed at promoting movement include fitness tracking bands (8%), while the other movement-centered one involves organizing fitness competitions/challenges(28%).
• Over more than 80% of employees whose firms are actively involved in their wellness say they love their jobs.
• The number of workers using standing desks rose sharply from 13% in 2013 to 44% by 2017, representing a threefold increase during this period.

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Employee Wellness Market Worldwide

(Reference: statista.com)

• The corporate wellness industry has taken center stage worldwide, with employers focusing on a healthy, happy, and motivated workforce through various initiatives like corporate fitness programs, healthy eating initiatives, and healthier office environments.
• About employee wellness statistics, the global corporate wellness market is estimated to be worth 146.6 billion U.S. dollars by 2027, with an annual growth rate of close to 7% compared to 2022.
• The global workplace wellness market was valued at over 50 billion U.S. dollars in 2022.
• North America dominated the market, followed by Europe, with 1.1 billion U.S. dollars in lower expenditure.
• In 2022, almost half of all North American employees had access to workplace wellness programs, compared with a much lower proportion of workers from Europe, the Middle East, and North Africa.
• Between 2020 and now, there has been a decline in fitness centers across the USA. There are about 10.3 thousand fewer fitness centers today than there were in 2019, probably due to the COVID-19 pandemic.
• About employee wellness statistics, Planet Fitness was considered the most popular gym chain in the USA, having attracted almost 50% membership in its different outlets by the first quarter of 2023.

Global Employee Wellness By Organisation

(Reference: statista.com)

• By the end of 2023, Brazil ranked first in terms of the share of workforce members who felt well because of their companies, while South Africa and the Philippines came second and third, respectively.
• On the contrary, only about 50% of people surveyed in Singapore talked about being well-off from a company.

• About half of U.S. workers in 2022 think that their employer’s wellness initiatives and benefits improve the desirability of attracting new talents.
• In contrast, roughly one-third (34%) of German employees report the same.
• This shows how people from different countries viewed wellness and healthcare programs as tools for attracting employees during that period.

U.S. Employees’ Perceptions of Organizational Care for Wellness

(Reference: statista.com)

• A survey on employee wellness statistics conducted on February 1, 2323, indicated that merely 25% of employees working in U.S. organizations thought their companies cared for them.
• This share refers to the proportion of employees in America between 2010 and 2023 who were convinced that the companies they worked for manifested a concern for them.

Employee Wellness Statistics By Employee Benefits

• Wellness programs lead to a decrease in sick days for 56% of employees.
• Their productivity also increases because about 60% of these workers say they are more productive at work.
• Approximately 30% of the employees had a disease early detected by such programs and treated early. More than 80% of those participating in wellness initiatives take pleasure in their jobs.
• Nearly 85% of this group plans to remain at their workplaces.
• However, only about 40% of individuals from organizations that do not engage in exercise programs indicate enjoying what they do, and 58% would stay where they are presently working.
• On the contrary, those who don’t exercise regularly suffer from high presenteeism, which is twice as likely compared to other individuals who engage in physical activities every day (at least thrice per week).
• Presenteeism refers to showing up but needing to be more productive; it may include factors like going to work while sick.
• Properly performed exercises can help lower the extent of sickness absenteeism, making it less common among regular fitness enthusiasts.
• Hence, it improves overall company performance across all metrics, including finances, since such employees report missed appointments less frequently than non-exercisers do.
• Employee wellness statistics showed that 57% of workers with high health risks became low-risk workers after finishing an employer-provided exercise program.

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Prevalence of Selected Wellness Programs Among Employers

(Reference: statista.com)

• 34% of employers provided employees with a means of quitting smoking.
• 25% of employers offered weight-loss plans.
• These employee wellness statistics show the share of U.S. survey respondents whose employers presented different types of wellness programs and events.

Global Employee Wellness Ratings by Country

(Reference: statista.com)

• In 2022, around 53% of U.S. employees reported feeling good about their overall wellness, while only 35 %of employees in France felt the same.
• These employee wellness statistics indicate the proportion of workers in different nations providing a high evaluation for their global wellness in 2022.

Stress in the Workplace

• Out of every five workers, three say they are going through burnout in their present jobs, while 31% face very high levels of pressure in their workstations.
• Every year, a ballpark estimate puts Canada’s stress-related leave at $3.5 billion for employers.
• All in all, 61 % of workers indicated that they felt over-stressed and burnt out at work.
• Common stress symptoms include persistent fatigue (29%), insomnia (26%), aches and pains (24%), excessive anxiety (23%), and an increase in weight (18%), which can lead to a loss of working days.
• Over the past two years, employees have become seven times more prone to suffer from anxiety, depression, and stress than they used to be before.
• On top of that, 44 % of employees feel significant levels of stress every day.
• Female employees more commonly experience stress than male employees; 47% of females reported such experiences compared to 42 % of males.
• Daily stress has been felt by 55 % of East Asians, while similar levels were reported for 50 % of American and Canadian workers.

Positive Impacts of Company Wellness Programs

(Reference: statista.com)

• Employee wellness statistics reveal that the share of employers in the United States indicated that their company’s wellness program had positive effects from 2015 to 2019.
• By 2019, approximately 83% of employers reported that their workplace wellness programs had positively affected employee health.

Employee Wellness Statistics By Worker’s Opinion

• It is estimated that 60% of CEOs believe that their organizations show empathy for employees.
• On the other hand, 38% of HR executives think that physical health is supported in their organizations.
• Moreover, 74% of workers say they would work more hours if only employers acted with empathy.
• Meanwhile, 17% of laborers are satisfied with the physical wellness assistance their bosses provide to management.
• Lastly and most importantly, 24% feel cared for by employers as well characterized.

Employee Wellness Statistics By Company Size

• 83% of big businesses providing wellness programs are defined as having a workforce of over 200 employees.
• 58% of small firms provide wellness programs that are between 3 – 199 employees.
• 94% of large organizations with more than 5000 employees do provide such programs.
• Also,94% of companies with between 1000 and 4999 employees offer wellness programs.
• Companies with between 3 and 49 workers have the lowest likelihood of providing wellness initiatives at 57% only.
• The second least likely group to offer such benefits are companies with 50-199 employees, whereas just about 70% of them have such services.

Wellness and Burnout

• Working hard often leads to burnout, a condition that combines physical, emotional, and mental exhaustion.
• 95% of workers say they felt burnt out almost all the time because of frequent video calls.
• 80% of HR specialists contemplated resigning from their jobs last year, while 98% felt burnt out.
• Employees in companies with a wellness program based on recognition are less likely to suffer from burnout; 90% admit it has helped them. These individuals are also two times more likely to have a positive outlook on life.
• Among employees, burnout affected more females(62%) than males(57%).
• In a survey of 15,000 people worldwide, 25% of employees in 15 different countries reported burnout as a symptom.
• In the UK alone, 44% of people leaving for home are drained at the end of the workday.

Financial Impact of Wellness Programs

• In two to nine years, companies obtain a return on investment (ROI) of $1.50 to $3 on each dollar they spend on wellness programs.
• Organizations save $5.82 for every dollar they invest in wellness programs, reducing absenteeism costs.
• Healthcare cost reductions linked to wellness programs are reported by six out of ten organizations.
• The primary aim for one in four employers concerning their wellness benefits is increased productivity.
• Companies with very effective corporate wellness programs will likely improve their financial performance by 40% compared to those with poorly designed ones.
• For adults with prediabetes, structured lifestyle changes such as chronic disease management-oriented wellness programs can decrease incidence rates of diabetes by as much as 58%.
• The employee health-management scheme implemented by Johnson & Johnson allowed the firm to save about $250 million over ten years.
• General Electric’s investment in wellness initiatives led to a return on investment of four dollars for every dollar spent in this area.
• By participating in wellness schemes, Chevron workers managed to save an estimated $500 each on health care premiums.
• Investing in disease management programs rose by 12 share points from 2023 to 2024, according to reports from various firms, which is a clear indication that long-term savings will be realized in health care.
• It has been established that more than half, or 52%, of businesses, intend to increase their spending on Lifestyle Spending Accounts as they move towards adaptable, individualized approaches to wellness benefits.

Employee Satisfaction and Productivity

• Wellness programs have impacted employee productivity and satisfaction. As far as employee satisfaction is concerned, companies that have consistent wellness programs recorded a twenty % increase in job satisfaction levels in the year 2023 relative to those that didn’t have any such programs. Similarly, organizations that promote employees’ wellness experienced a 15% rise in their productivity.
• The above employee wellness statistics are based on the wide-ranging essence of contemporary wellness schemes, which not only address physical health matters but also the psychological and emotional aspects of human health. This increment in job satisfaction is projected to rise to 22% by 2024, while productivity growth is likely to be as high as 18%.

Regional Differences in Wellness Program Adoption

• The implementation of employee wellness programs varies between regions.
• According to employee wellness statistics, as of 2023, North America remains on top, with approximately 70% of its organizations offering wellness programs; this makes it the leading area for such initiatives.
• Europe comes second with a 60% adoption rate.
• In comparison, Asia-Pacific only managed a low 45% figure, though there are signs that this part of the world is experiencing an upsurge in recruitment for this purpose.
• By 2024, it is expected that North America will reach an increased figure of around 73%, whereas in Europe, there may be a boost to about 65%. The fastest growing area among them all would be Asia-Pacific by its 52% forecasts on corporate wellness schemes availabilities by the close of business year 2024.

Conclusion

Employee wellness statistics are a great investment for firms since they offer good returns regarding ROI, employee engagement, and productivity. The market for these programs is on an upward trend, fuelled by rising consciousness about mental and physical health among workers.

Based on the anticipated increase in participation and the addition of more wellness programs, it is probable that even higher advantages will accrue to the companies in 2024 and subsequent years. Henceforth, the global employee wellness market should be part of corporate strategy as it will become more significant in future years.

Maitrayee Dey

Maitrayee, after completing her graduation in Electrical Engineering, transitioned into the world of writing following a series of technical roles. She specializes in technology and Artificial Intelligence, bringing her experience as an Academic Research Analyst and Freelance Writer, with a focus on education and healthcare under the Australian system. From an early age, writing and painting have been her passions, leading her to pursue a full-time career in writing. In addition to her professional endeavors, Maitrayee also manages a YouTube channel dedicated to cooking.

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