Are corporate wellness programs important?

As a way to reduce absenteeism, many employers are recognising the need to have arrangements in place for improving employees’ wellbeing.

63.9% of businesses considered improving employee wellbeing to have some level of priority over the next 12 months, while over 90% considered this at least to be desirable. However, in relation to other priorities, only a quarter (25.2%) considered employee wellbeing a top priority. chart_wellness01

Views on employee wellbeing as a priority tend to reflect business size. Figure 15 below shows that while employee wellbeing is on the list of priorities for larger businesses, micro-small businesses see it as a desirable priority in the longer-term but not in the next 12 months.

Given the recent difficult economic climate, it is perhaps no surprise that for many enterprises other priorities take precedence over employee wellbeing. But as the economy improves, New Zealand’s long-term problem of finding staff with the right skill sets will self-evidently increase. Taking employee health and wellbeing seriously may help to entice new staff and discourage staff from leaving.

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