New Survey: State of the Wellness Industry
Employee wellness programs have been a mainstay of corporate America for more than a decade, but the trend continues to gain steam, according to a recent survey. It reaffirms what our clients tell us every day: employee wellness and engagement programs are a top priority for employers in 2017.
The State of the Industry Survey, conducted by our friends at Virgin Pulse, queried 600 HR and benefits officers at global organizations. The results show that employers who invest in wellness, culture, and engagement can see measurable improvements in business performance. Here are a few tidbits from the report:
Increased Focus on Wellness
- 78% of respondents said employee well-being is a critical part of their business plans
- 74% of those with comprehensive wellness programs said employee satisfaction has increased (and of those, 65% reported improvements in organizational culture)
Importance of Corporate Culture
- 95% of survey respondents said culture drives business results
- 80% plan to improve their corporate culture in 2017
Keeping Employees Engaged
Unsurprisingly, the survey found that engagement investments have a strong impact on business results. It’s a big part of where companies are putting their focus:
- 88% of respondents call improving employee engagement a top priority
- 56% of companies saw improvements in employee satisfaction
- 40% reported enhanced company culture
- 14% saw revenue growth because of employee engagement programs
One of the challenges we face moving forward is how to measure things like culture and engagement. In our own programming, we use a subjective Wellness Enrichment Survey that measures a location’s commitment to wellness (physical environment, fitness opportunities, food options, tobacco use policies, overall culture, and more).