With the global wellness economy estimated to be worth USD 4.5 trillion, wellbeing has become big business. And with the pandemic heightening awareness of underlying health conditions, this is only expected to grow. But many businesses still underestimate the positive impacts of looking after their employees’ wellbeing as well as the role of wellbeing packages in attracting and retaining key talent. This quarter, we have explored this growing focus on workplace wellbeing and how companies can get ahead of the trend.

At a glance

Graph

10%

Outperformance of FTSE companies that include wellbeing

Wellbeing

76%

Employers who are prioritizing wellbeing in their next benefits strategy

Sources: (1) Global Wellness Institute (2) Willis Towers Watson Benefits Trend Survey 2019

Explore our insights

Covid-19 brings a new focus on workforce wellbeing

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With health on our minds more than ever, there has never been a better time to create compelling wellbeing packages that provide welcome and much-needed support to employees. In this article, we discuss how a holistic approach to workplace wellbeing is crucial. Health and wellbeing needs change over time, and employees will be looking for a range of services as they adapt to both mid- and post-pandemic life.

Understanding Generation Z and their focus on mental wellbeing

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In the next ten years, every organization will go through a dramatic change as Generation Z (currently 5 to 22-year olds) enters the workforce. Companies that fail to adapt will find themselves ill-prepared. Our whitepaper examines the behavioral drivers shaping Generation Z and impacting their relationship with money, attitudes towards work and, of particular interest to our clients, their approach to mental wellbeing.