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The Wellness Paradox by Kefi Meraki
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The Wellness Paradox: Why Increased Spending Fails to Boost Well-Being

Alia T.
Alia T. |
The Wellness Paradox: Why Increased Spending Fails to Boost Well-Being
3:27

The wellness paradox is clear: rising investments in well-being programs aren’t significantly improving employee health and satisfaction. Aon’s 2022-2023 Global Wellbeing Survey shows nearly 40% of APAC employers rank employee well-being as a top concern. Investment in wellness programs has increased by 27% since 2020, with 50% of companies allocating 4% of their budget. Yet, the question remains: are these investments truly paying off?

The Disconnect Between Investment and Impact

Conventional wellness strategies frequently fail to address the fundamental causes of employee burnout, disengagement, and low morale. These programs often implement generic solutions that do not cater to the diverse needs of the workforce, resulting in a disconnect between investment and impact. Despite allocating resources to wellness initiatives, numerous companies observe no substantial enhancement in employee well-being or financial performance. It is akin to continuously replenishing a leaky bucket without achieving meaningful change.

The Data-Driven Difference: Proven ROI

Data-driven wellness provides a validated approach to securing a return on investment. By utilising comprehensive data, organisations can customise their wellness programs to meet specific employee needs and achieve quantifiable results. Consider the following compelling statistics:

  • Aon indicates that enhancing employee well-being can improve organisational performance by 11% to 55%.
  • Research from Harvard reveals that for every dollar invested in wellness programs, healthcare expenses decrease by approximately $3.27, and absenteeism costs are reduced by about $2.73.
  • Health coaching, as noted by Harvard Business Review and WebMD, resulted in $195 savings per participant in healthcare costs, while condition management coaching achieved an impressive $1,113 savings per participant annually.

These statistics highlight the substantial advantages of investing in a data-driven strategy that transcends superficial benefits and addresses the core factors affecting employees' health, satisfaction, and productivity.

Kefi Meraki: Your Strategic Partner in Data-Driven Transformation

At Kefi Meraki, we recognise the distinct challenges encountered by employers in the APAC region. Our comprehensive, data-driven methodology is crafted to deliver quantifiable outcomes that align with your organisational objectives. We initiate our process with thorough assessments to ascertain the specific well-being requirements of your workforce. Subsequently, we formulate tailored strategies to address these needs, incorporating components such as health coaching, stress management techniques, financial well-being resources, and the establishment of Workplace Wellbeing Champions within your organization.

These champions serve as reliable intermediaries who facilitate communication between leadership and employees, ensuring that well-being issues are addressed efficiently and effectively. They promote open dialogue, conduct awareness initiatives, and collaborate with stakeholders to seamlessly integrate well-being into your overarching organisational strategy.

>>Please arrange a consultation with our expert by clicking here

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