A look at corporate wellness trends in 2019

WE'RE seeing more companies investing in wellness programmes paired with incentives to help keep their employees engaged. Come 2024, the APAC region can expect a corporate wellness market worth US$7.4 billion. Separately, studies have shown that companies neglecting corporate wellness across the territories of Singapore, Malaysia, Indonesia, and The Philippines, had productivity losses totalling US$44.6 billion within a fiscal year.

Corporate well-being is increasingly entrenched in workplace cultures and strategies. A happier and healthier workforce enables higher productivity and job satisfaction. Healthier workplaces can also help to attract desirable talent into the stable and encourage employees to stay for the longer term.

These programmes not only directly benefit the workforce on your payroll, they also make corporations appealing to shareholders. The opposite is just as true - companies that neglect their employees are likely to bear the consequences publicly, with prominent examples facing immense pressure from shareholders and having to restructure C-level management. Firms today should no longer wonder if corporate wellness is necessary, but instead ask how they can do better.