The idea of employee wellbeing has evolved over the years, with the change in workers’ behaviour and employers’ expectations. Today’s modern workforce and remote workplace culture show a significant change in the way organizations deal with employee wellbeing.
A Deloitte 2018 Human Trends report shows more than 40 per cent of all workers suffer from high stress, which negatively affects their productivity. It also adds that the costs of lost productivity are 2.3 times higher than medical and pharmacy costs, which is a major concern for employees’ wellbeing.
Traditional versus Modern Workforce
As today’s employers and employees have connected the dots between health and job performance, workforce programs are undergoing a massive transformation to do more than help employees manage health risks—or reduce insurance costs, for that matter.