HR professionals are well familiar with corporate wellness initiatives, whether they be activities or organizational policies designed to enable a healthy environment in the workplace and improve employees' health. However, there is a general lack of awareness about how these initiatives are changing, driven by generational changes in the workforce.
Fremont, CA: Over the last few years, corporate wellness has become a serious issue that most organizations are putting in maximum effort to deal with. It has a significant negative impact on both employees and employers and can result in the downfall of the company's productivity and efficiency. Studies have shown that stress levels have risen by 20 percent in the last three decades, and nearly 16 percent of employees believe that workplace stress is the prime factor for leaving a job. The issue has a significant impact on the youth workforce, as nearly half of the millennial staff reported that they left jobs due to burnout. The impact of workplace stress amongst the youth is far worse than imagined as 46 percent reported that they prefer to take a day off in the week due to poor mental and physical health.
This has led to an increased importance for corporate wellness initiatives. These initiatives help address the problem and have emerged as mainstream for all companies in 2020. HR professionals are well familiar with corporate wellness initiatives, whether they be activities or organizational policies designed to enable a healthy environment in the workplace and improve employees' health. However, there is a general lack of awareness about how these initiatives are changing, driven by generational changes in the workforce and a corresponding realignment in the values of younger workers.
A corporate wellness initiative's success depends on the willingness of employees to engage with corporate wellness initiatives and the extent of the employer's investment, paired with the positive outcomes generated. There's been a significant shift in the focus of corporate wellness initiatives, with a move away from corporate rewards that only promote job satisfaction and a growing interest in employee rewards that promote life satisfaction outside of work.
Companies are increasingly booking employee trips with an active element, such as kayaking, paragliding, and white-water rafting. There's a good reason for this. Research shows a clear link between exercise and mental health, so that one-way employers can take positive action. These types of activities are proving popular with employees. Over the past year, 56 percent of travel incentives included more nature-based activates than regular city breaks.
See also: Top Employee Wellness Solution Companies