Organisations that ignore the health of their employees are putting productivity and profits at risk, with new research revealing close link between organisational performance and wellness.
Right Management’s Wellness & Productivity Management study of 28,000 employees in 15 countries, shows clear link between health and wellness and organisational performance. When health and wellness is managed well, organisational performance increased more than 2.5 times (25 percent versus 65 percent). Alternatively when health and wellness is not managed well, profitability decreased more than 3.5 times (13 percent versus 46 percent).
The research also shows striking link between wellness, employee engagement and retention. When health and wellness is managed well, the number of engaged employees increased nearly eight times (seven percent versus 55 percent). Where it is managed poorly, organisations were four times more likely to lose talent in the next 12 months (20 percent versus five percent).
Right Management’s general manager, Australia & New Zealand, Bridget Beattie, said the research shows that managing health and wellness isn’t “soft” issue, but critical to organisational performance.
Full report at www.right.com
