The Evolution of Employee Wellness

By StartUp City | Sunday, January 24, 2021

Financial insecurity has been one of the core reasons for employees' stress. Hence, many companies have considered arranging In-house financial counseling and financial planning seminars to guide their employees through their finances.

Fremont, CA: Today's fast-paced and complex lifestyle has highlighted the necessity of wellbeing and employee wellness programs in companies. Health and wellbeing directly impact employees' productivity. As a result, corporates are now leveraging various wellness programs to ensure their employees live a healthier life. Studies reveal that 75 percent of professionals believe that their employers are responsible for contributing to their health and wellbeing.

The past few years have been the transitional phase of the wellbeing industry with a massive shift to digitization leading to the extensive use of augmented reality and virtual reality, gamification, artificial intelligence, and employee-driven wellness portals. Technology has greatly facilitated the implementation of wellbeing programs. The last decade witnessed a shift from wellness to holistic wellbeing that encompasses all aspects of body and mind. Wellbeing has also become integrated into the benefits offerings, with companies incorporating wellbeing into their culture curation, retention, employer branding, and productivity enhancement initiatives. Many companies have given a new meaning to wellbeing by initiating the inclusion of LGBTQ+ communities and offering benefits to employees' extended family members.

Check Out: Top Employee Wellness Solution Companies

The growing complexity of modern life and increasing work pressure have led to increased cases of employees suffering from depression, stress, and so on. Mentally unfit employees can disrupt the growth of a company. Higher stress level hampers an employee's effectiveness and productivity. Thereby, employees' mental and emotional health has taken center stage in many companies' wellness programs. Companies started offering employees one-on-one counseling as well as yoga and meditation programs, helping employees become mentally and emotionally fit.

Financial insecurity has been one of the core reasons for employees' stress. Hence, many companies have considered arranging In-house financial counseling and financial planning seminars to guide their employees through their finances.

On a short note, companies are becoming more employee-centric with time. Employers realize the wide-ranging benefits of employee wellness.

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