Employees are growing more and more interested in workplace wellbeing programs, and employers that choose to ignore this interest will be surpassed by those that embrace this opportunity to create a positive culture of health.
In our 2023 Benchmark Report, we compiled employee engagement and wellbeing data to help you determine if your approach to wellbeing benefits is helping or hurting your organization’s ability to stay ahead of the curve.
Get a sneak peek at the employee wellbeing data below.
Employee Experience
Employee experience continues to be a top priority for employers. Thirty-six percent of employers stated they are very focused on the employee experience, and 20% of employers stated they are extremely focused on the employee experience, according to Mercer’s National Survey of Employer-Sponsored Health Plans.
The employee experience begins before an individual’s first day on the job and continues throughout their time at your company. Therefore, it’s crucial to ensure your approach to employee experience is strategic, intentional and tailored to your employees’ needs and expectations.
Mercer (2020). National Survey of Employer-Sponsored Health Plans, (Released in 2021).
How can you ensure your employee experience is a positive, retention-boosting one? Check out our on-demand webinar, “Why Investing in Employee Experience Will Pay Off in 2023.”
Culture of Wellbeing
A culture of wellbeing is one in which employees have the support and resources necessary to achieve mental, physical and emotional wellbeing. More and more employers are striving to explicitly commit to a culture of wellbeing in their vision or mission statement.
Mercer (2020). National Survey of Employer-Sponsored Health Plans, (Released in 2021).
Looking for more data to help you create a culture of employee wellbeing at your organization? Our 2023 State of Health Care Guide contains exclusive, relevant wellbeing data collected directly from large employers across the country and analyzed by our employee engagement and wellbeing experts. Download the report today to learn more.
Mental Health & Self-Care
When multiple individuals experience poor mental health in the workplace, it can have negative implications for the organization as a whole. Poor mental health results in increased absences, reduced productivity and heightened workplace tension. Employers are responding by offering expanded health and wellness perks to assist with employee mental health and self-care.
Top employee wellbeing program offerings include time off for personal mental health, flexible scheduling, virtual mental health coaching and group counseling, according to Aflac’s Workplace Benefits Trends Executive Summary.
Aflac (2021) Workplace Benefits Trends: Executive Summary
Financial Wellness
Financial wellness in particular has grown in importance amid increased economic uncertainty. Inflation is rising, interest rates are being raised as a result and employees’ salaries are stretched thinner each day. However, many employers are still choosing not to offer resources to help employees improve their financial health.
Mercer (2020). National Survey of Employer-Sponsored Health Plans, (Released in 2021)
Employers that want to stand out should take this opportunity to strike while the iron is hot and enhance or expand their financial wellness offerings. Not only can they be extremely advantageous for employees, but these offerings can also be beneficial for employers. If you’re wondering how a strong financial wellness program can be a win/win for your organization, check out this on-demand webinar.
Download the Full Employee Benefits Benchmark Report Today
CBIZ’s 2023 Benchmark Report contains 40+ pages of data, including health and wellness benchmarks, insight into trending benefits and more. Download the full benchmark report today to gain access to all the employee engagement and wellbeing data.