Tuesday, January 21, 2014Tweet
[IWS] Towers Watson: THE BUSINESS VALUE OF A HEALTHY WORKFORCE, UNITED STATES [January 2014]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
THE BUSINESS VALUE OF A HEALTHY WORKFORCE, UNITED STATES
2013/2014 STAYING@WORK SURVEY REPORT [January 2014]
[full-text, 40 pages]
WORKFORCE STRESS: THE EMPLOYER/EMPLOYEE DISCONNECT (Infographic)
Staying@Work™ Survey Report 2013/2014, United States
The Business Value of a Healthy Workforce
Companies based in the U.S. continue to view health and productivity (H&P) programs as a core component of their organizational health strategy, with 49% saying they are essential to their strategy and 42% saying they play a moderate role. A total of 84% plan to increase H&P program support over the next two years — 17% plan to increase it significantly.
Currently, 50% of U.S. employers don’t have a clear, articulated H&P strategy, but nearly six in 10 (59%) plan to design a strategy that is differentiated from competitors in the next three years.
As employers increase their H&P investment, they expect better outcomes — both improved employee health and reduced costs. Nearly eight in 10 (77%) say lack of employee engagement is the biggest obstacle to changing behavior. Despite offering a variety of H&P programs, few employees participate.
What can you do to boost program success and achieve a workplace health culture? Here are three ideas:
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