How Companies are Redefining Wellness in 2017

Feb 13, 2017 12:00 PM ET

How Companies are Redefining Wellness in 2017

“Wellness” today is so much more than Fitbits, calorie counting and Soul Cycle – and companies are taking notice. Organizations are now embracing an all-encompassing definition of wellness—moving from just health benefits and workplace insurance policies to a broader mindset of how they can positively impact the psychical, financial, emotional and social wellbeing of employees, consumers and stakeholders.

Why are companies tackling wellness in a more holistic way? The numbers speak for themselves:

  • 85% of American consumers ranked “being in good health” as the #1 contributor to success, according to an American Express study.
  • 75% of consumers want their employers to offer incentives to help improve their health, a HealthMine survey found.
  • 64% of millennial employees are stressed about their finances and 37% say that issues with personal finances have been a distraction at work, according to a PwC financial wellness survey.
  • 63% of millennials say it’s important that their company’s loyalty program supports lifestyle preferences such as wellness programs, sustainability efforts or a charity, according to a Colloquy study.
  • 29% of American employees resign due to work overload and lack of healthy work-life balance, a Cornerstone OnDemand survey found.
  • Top concerns of HR and finance executives today include; employee wellness and productivity (83%), cost management (76%) and ACA compliance (58%), a HUB International study found.

And although many might think tackling wellness is reserved for companies in the health space, that’s no longer the case. Here’s a sampling of leading companies in a variety of industries that are making holistic health a priority as both a business and social imperative—redefining wellness in 2017.

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