Since productivity is always a pop up question, when we start talking about corporate, so is health to a very large extent because these two factors are interdependent.
According to a study conducted by Optum, a top provider of employee assistance programs to corporate, a high 46 percent of the workforce in organizations in India suffers from some or the other form of stress, while 43 percent have a skewed BMI and about 30 percent are prone to diabetes and hypertension.
Let’s see that statistics in a real-life situation, that means half of your team is carrying the baggage of stress.
This burden can be measured through direct medical costs, indirect costs associated with productivity loss, premature mortality, and the negative impact of diabetes on nations’ gross domestic product (GDP).
According to a report by ASSOCHAM, adoption of Corporate wellness programs can save India Inc. income up to $20 billion by 2018 through a reduction in absenteeism rate by 1.00 percent and at the same time improve chronic and lifestyle diseases of corporates and employees.
The current status of the wellness industry in India is depicting a growth of almost 25 percent every year. It is believed that the figure will touch an estimation of Rs 1 trillion by the end of 2020.
Non-communicable diseases such as obesity, hypertension, and diabetes not only are seriously harming workforce health and raising medical costs, but also have a huge impact on workforce productivity around the globe. In 2011, the World Economic Forum projected the global economic burden of non-communicable diseases to climb to more than $40 trillion by 2029.
Why are these figures just scaling up?
The answer lies in 1984 corporate America when the invention of desktop PC made jobs desk-based and eyes were yet to involve. More and more jobs were made desk-based to charter the new invention, and hence health issues started talking an upward toll.
Health incorporate is of some real importance.
Check some healthy gifts for your employees to cheer them up and wish them a long and healthy life