Employers more focused on wellbeing than ever
More companies have made employee wellbeing a focus since the pandemic
Aon’s 2022–2023 Global Wellbeing Survey has revealed that organisations are increasingly investing in the wellbeing of their employees, and it continues to be a focus.
The survey showed that 87 per cent of organisations have at least one wellbeing initiative, while 83 per cent have a wellbeing strategy in place. This is up more than 25 percentage points since 2020, when companies had to suddenly take care of employee wellbeing at the early stages of the pandemic.
Additionally, 41 per cent of organisations said they had a wellbeing strategy that was fully integrated into their overall business strategy.
Some businesses are fully committed to the importance of employee wellbeing by integrating it into their business strategy and company culture.
As a part of their wellbeing strategy, more than 80 per cent included elements of their Diversity, Equity and Inclusion (DE&I); Environmental, Social and Governance (ESG); Health and Safety; and Total Rewards programmes.
Aon’s website stated: “Wellbeing is as important to organizations as ever, and its priority is increasing, even in volatile conditions.
How an organization prioritizes and integrates wellbeing as a part of its business strategy can have a profound impact on employee engagement, talent acquisition and retention, and overall business results.”