The Economist - USA (2021-12-18)

(Antfer) #1

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Thecovid-19pandemicmadehorriblyclear


thatthehealthandproductivityofa business


is entirelydependentonthehealthofits


people.It hasalsogivenusa moreholistic


understandingofemployeehealthandwell-


being,fromworkplaceergonomicstothe


importanceofworkasa siteofcommunity,


support,andpurpose.It hasalsohighlighted


theimpactonmentalhealthofjugglingwork


andfamilycommitmentswhenthelines


betweenpersonalandprofessionaltimeblur


toinvisibility.


Theemployerimperative:DrivingUS


economicvitalitythrougha healthy,


productiveworkforce, a newreportfrom


EconomistImpact,commissionedbyCigna,


outlinesthelinksbetweenemployeewell-


being,productivity,andbusinesssuccess.


Utilisinga novelconceptualframework


developedfromexpertinterviews,focus


groups,anonlinesurveyof1,800employersand


employeesacrosssixindustries,theresearch


looksathowemployerscanensuretheir


workforce,andtheirbottomline,areinthebest


possibleshape.


Accordingtothereport,over90%ofexecutives


nowagreethatinvestingina healthyworkforce Readthefullreportathealthyworkforce.economist.com


COMMISSIONED BY

Employee health


and well-being linked


to business success


directlyimpactsbusinesssuccessandultimately
economicrecoveryintheUnitedStates.
Shareholdersalsoincreasinglyunderstand the
valueofthatinvestment.A businessculture
thatprizeshealthandwellnessis seenasvital
inrecruitingandkeepingthebesttalent,being
partoftheGreatRetentionratherthanGreat
Resignation.

Introductionofworkforcehealthandwell-being
programmesis,though,stilluneven,thereport
finds,particularlyamongstsmallercompanies.
Performancemetricsareill-definedand,despite
significantadvancesandmoreopennessaround
thesubject,notenoughattentionis paidto
employeementalhealth.

Thereportarguesformoretailoredsupport
anda pro-activeandsophisticatedapproach to
addressingthehealthandwell-beingneeds of
socio-economicallydisadvantagedemployees.
Clearobjectives,a betterunderstandingof
bestpracticeanda rigorousanddata-backed
assessmentofperformance,it argues,arevital
if businesseswanttomakea genuineimpact on
workforcewell-being.

New Economist Impact study fi nds companies need
better metrics if they really want to move the needle
Free download pdf