Enhancing employee health unlocks up to $11.7T economic value
McKinsey identified six modifiable drivers of health in the workplace.
Enhancing employee health and well-being can translate to $3.7t-11.7t in economic value, McKinsey estimated.
This is equivalent to an increase of between 4-12% in the global GDP. McKinsey noted.
Additionally, high- and middle-income economies will likely account for 95% of this opportunity.
“By improving employees’ health, employers could add trillions of dollars to the global economy and have a positive impact on society,” the report read in part.
While it is not feasible to achieve employee well-being across all economies, McKinsey noted that capturing just 10% of the total opportunity could yield up 10 $1.7t of annual value, which could raise the global GDP by more than 1%.
McKinsey identified six modifiable drivers of health in the workplace: social interaction, mindsets and beliefs, productive activity, stress, economic security, and sleep.
