, APAC
Source: Mckinsey

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.

 

Join ESGBusiness community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!