Workforce Well-Being
The 2017 22nd Annual Willis Towers Watson Best Practices in Health Care Employer Survey results have been released. The survey found that organizations view their employee well-being programs as a key factor in building a healthy, high-performing workforce. They also found that over the next three years, 72% of employers aim to differentiate and customize their wellness programs from other organizations in order to compete for and retain top talent.
Improving Well-Being Programs
To improve their workplace well-being programs, employers are beginning to focus on all four components of well-being: physical, emotional, financial, and social. Most importantly, employers are realizing that employee engagement plays a huge role in the success of these programs. Over the next three years, the survey found that 87% of employers plan to make employee engagement a top priority.
What Do the Best Performers Do Differently?
After conducting the survey, Willis Towers Watson selected companies they define as “best performers.” These are the companies that achieved significant competitive financial advantage by adopting best practices to control costs and improve efficiency. These best performers encourage and improve workforce well-being in four key ways:
- They focus on creating a well-being program that aligns with company culture.
- They sponsor programs that target specific, high-cost conditions.
- They offer personal financial planning technology.
- They engage employees through the company’s social networks.
For more information, download the full report from Willis Towers Watson here.