Corporate wellness trends

Important 2020 Corporate Wellness Trends Every Company Needs to Apply

Research directly links employee productivity to health and wellness. For many years, many corporations have kept corporate wellness trends on their radar.

“Good health is good business.”- Paul Drechsler, Chairman/CEO, Wates Group Limited

The U.S. Chamber of Commerce reports that companies using wellness initiatives have achieved outstanding returns on their investment.

In fact, corporate wellness programs that follow best practice guidelines return $2 to $3 for each dollar invested.

What Can Employers Do With These Savings?

The corporate wellness space keeps evolving, and perceptive HR practitioners are taking notes. They want a workforce that is motivated, strong, and resilient.

But they also want their employees to be happy and fulfilled.

A key component of human capital management strategies is employee retention. Losing top talent is expensive, and in many cases, preventable.

Eastern Kentucky University’s Occupational Safety program created an infographic detailing how companies spend approximately $300 billion annually for missed workdays and healthcare costs as a result of workplace-related stress.

Gallup additionally reports that 70% of American employees are slowing down the country’s economic growth by not working to their full potential.

It is, therefore, no wonder that companies have realized corporate wellness is not a financial risk, but an essential part of a high-performing workforce.

“If health is the essence of your brand, it all starts with taking the health of your workforce very seriously.” – Marnix Eikenboom, Managing Director, Danone

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Corporate wellness programs are beneficial to both employers and employees because employees tend to reflect:

  • higher morale
  • more engagement
  • less stress and anxiety
  • fewer cases of absenteeism
  • more productivity
  • higher retention potential

Corporate Wellness Trends in 2020

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In their Annual Wellness Trends Report, media company Well+Good indicated that in 2019, employers of choice would be focusing on four key areas:

  1. Urging their employees to unplug more
  2. Consolidating corporate wellness resources
  3. Offering healthier snack options at the office
  4. Giving employees flexible corporate wellness choices

Great Place to Work Institute added that revolutionary companies would be taking corporate wellness to the next level by:

  • finding new ways to enhance well-being in existing wellness initiatives
  • focusing on holistic approaches
  • incorporating spouses and domestic partners into their programs

In 2020, we can expect these trends to become even more widely adopted by corporates across the globe.

Best Employee Corporate Wellness Programs in 2020

There are countless types of companies in operation all around the globe. But for every company in operation, there exists a unique corporate culture.

2020 is all about corporate wellness programs that tie in with positive workplace culture and personalized solutions.

As technology advances, the global workforce increasingly consists of an emerging unique demographic:

  • tech-savvy employees
  • remote employees
  • positive employee engagement
  • adult learning

Right from the hiring process, employers can leverage technology to suit this emerging workforce demographic while still saving costs.

The best corporate wellness programs are completely inclusive and flexible enough to include remote employees.

This means that regardless of an employee’s location, they can still access the full range of health benefits as their coworkers.

Personalized wellness initiatives prioritize communication and feedback from:

  • employees
  • clients
  • health professionals
  • other stakeholders

Companies that support their employees rank high on employee engagement. Employees respond well when they are treated as more than business statistics.

A platform like World Manager embraces intuitive technology which encourages employees to participate in corporate wellness programs.

HR practitioners should invest in streamlining their entire human capital management practices in relation to corporate wellness. This ranges from:

  • scheduling health screenings for employees
  • setting up coaching appointments
  • providing customized, private access to health information and results

Another way of strengthening employee engagement while tapping into corporate wellness trends of 2020 is by empowering employees to take charge of their health goals.

By creating a personalized platform, employers can encourage their workforce to:

  • set goals
  • engage with health and nutrition coaches
  • keep tabs on important milestones

The more companies tailor their corporate wellness initiatives in relation to their employees’ habits, goals, and interests, the more fruitful their ROI.

How to Personalize Corporate Wellness Programs for Your Employees

Including Employee’s Families: More companies now offer corporate wellness solutions that incorporate their spouses and families. Including families in wellness initiatives also increases longevity and motivation.

Diversifying Solutions, Services, and Products: Using a learning management system, HR practitioners can offer employees different types of wellness classes, workout plans, health challenges and so much more.
This gives people the freedom to pick and choose solutions that most benefit their needs.

Personalizing Coaching Packages: Health coaches are a crucial requirement in wellness programs. By creating one-on-one relationships with employees, they help individuals overcome their specific barriers.

Coaches can cover a wide variety of topics about health topics and conditions using customized webinars or virtual workshops.

Giving Incentives: Most people are more inclined to participate in healthier behavior when presented with achievable rewards – either financial or tangible.

Using gamification, companies can begin a points or reward system tied to the corporate wellness initiative. This encourages them to have fun while remaining motivated to have better health habits.

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Employee Virtual Wellness Programs

Investing in virtual wellness programs and sessions could be an incentive for busy employees. The benefits include:

  • Instant access
  • Customized health choices
  • Personalized data tracking
  • Custom made company solutions

2020 trends show that forward-thinking corporate health and wellness strategies need to accommodate in house and remote teams equally.

Each employee should be guided to customize their wellness plans.

The right virtual wellness program covers a broad scope. Some key components that employers should consider for their virtual wellness programs include:

  • Tailored instructional fitness videos
  • Timely fitness tracking
  • Goal setting
  • Recipes and meal plans
  • Nutritional data
  • Data tracking access

How to Make an Employee Virtual Wellness Program Work for Your Company

Options for Remote Workers: Employers should create wellness programs that allow employees to jump in from anywhere in the world, anytime.

In-person coaching sessions can loop in remote employees, for example. Alternatively, sessions can be recorded for future internal access.

Leveraging Intuitive Technology: Employers should invest in convenient, simple use tools and software that encourage easy scheduling, participation, and video streaming.

Rounded Wellbeing

Wellbeing encompasses the mind, body, and spirit.

Companies must look into wellness solutions that offer a completely holistic approach to their employee’s health. The key areas being:

Education: Corporate wellness solutions have to offer relevant information covering all of the facets affecting a person’s ranging health. Wellness solutions could be on topics under:

  • sleep and financial literacy
  • nutrition
  • fitness trends
  • general life skills

The Practice of Mindfulness and Meditation: Research has shown that the effects of mindfulness and meditation can directly lead to a company’s increased profit margins. Mindfulness training has shown real results, as tech company SAP has displayed.

Encouraging Soft Skills: Soft skills have been identified as a critical element for successful and productive people.

With a learning management system, a company can equip and empower its employees to master soft skills related to their roles.

There is a growing body of research that supports the uptake of corporate wellness solutions. These elements from trends in 2020 are worth looking into.

A happy and healthy workforce will always be worth the investment.

Generally, employers should expect corporate wellness solutions to keep evolving. Other new dynamics will drive trends in corporate wellness. They include:

  • Technology – particularly apps related to wellness and health education
  • Mobile devices
  • Evolving employee engagement methods

Book a demo with World Manager today to discover how to use cutting edge communication and training tools together with your corporate wellness initiatives.

Disclaimer: This information is meant to provide general guidelines and should be used as a reference. It may not take into account all relevant local, state or federal laws and is not a legal document. Neither the author nor World Manager will assume any legal liability that may arise from the use of this information.

The best companies use World Manager to train staff, maintain standards, and set the company up on the road to success.