Corporate Wellness Consulting Providers Statistics


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Corporate Wellness Consulting Providers Statistics 2023: Facts about Corporate Wellness Consulting Providers outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Corporate Wellness Consulting Providers, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

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Top Corporate Wellness Consulting Providers Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 74 Corporate Wellness Consulting Providers Statistics on this page 🙂

Corporate Wellness Consulting Providers “Latest” Statistics

  • 75% of all healthcare expenses in the U.S. are attributable to Americans having one or more chronic diseases.[1]
  • According to research that was independently confirmed, vitality programs have reduced overall medical costs by 4.7 million and improved employee performance by over 4%.[2]
  • When there are additional incentives, employees are 33 times more likely to take part in a workplace wellness program.[2]
  • Because of Orriant’s innovative wellness program, most of their customers see 80% of their staff members and their spouses adopting better lives.[2]
  • Between 2021 and 2031, the total number of health educators and community health workers is expected to increase by 12%, a rate substantially greater than the average for all professions.[3]
  • The wellness program at their firm has influenced their lifestyle choices, according to 61% of the workforce.[4]
  • A study on workplace stress also reveals that 31% of respondents report having very high levels of stress at work, contributing to the 61% of workers who feel burnt out on the job.[4]
  • 87% of workers anticipate assistance from their company in juggling work and personal obligations.[4]
  • 89% of HR executives agree that regular peer feedback and check-ins are essential for good results.[4]
  • Nearly all employees agree on the significance of empathy, yet 92% believe it is still underestimated.[4]
  • Employees who feel heard have a 46-fold higher likelihood of feeling encouraged to do their best job.[4]
  • Teams with high levels of engagement are 21% more profitable.[4]
  • Only 17% of workers at firms whose management does not seem to care about their well-being would suggest the business as a great place to work.[4]
  • Just 50% of workers think their CEO is sympathetic, despite the fact that 92% of CEOs believe their firm is sympathetic.[4]
  • Teams with the highest engagement scores see a 41% drop in absenteeism and a 59% drop in turnover.[4]
  • RAND estimates that in the year 2020, about 80% of organizations will have invested in health screening programs.[5]
  • About 50% of U.S. firms, according to the RAND employer survey, provide wellness programs to their staff.[5]
  • About 80% of firms that provide services for employee wellness choose to analyze their workers’ health risks.[5]
  • According to a recent RAND employer study, almost 50% of American firms provide wellness programs to their staff.[5]
  • Organizations dominated the market in the category area, accounting for 53.1% of total revenue in 2022.[5]
  • In 2022, onsite corporate wellness programs dominated the delivery model sector and generated more than 56.4% of all revenues.[5]
  • In the U.S., the number of companies in the corporate wellness services sector increased by 0.7% year on average in 2018-2023.[6]
  • As of 2023, there will be 560 corporate wellness services enterprises in the U.S.[6]
  • According to 79% of respondents, wellness is vital, and 42% of them think it should be their top priority.[7]
  • According to statistics from McKinsey, social media affected 26% of purchases across all product categories in 2015, and that number has gone up since then.[7]
  • The proportion of customers who claim that an influencer has influenced their shopping choices is substantially greater in China and Brazil, at 45% to 55%.[7]
  • More than 88% of American, British, and German customers say that customization is as important to them as it was two or three years ago.[7]
  • When it comes to dietary supplements, consumers worldwide said that they would select the more natural supplement over the more potent one by a margin of 41% to 21%.[7]
  • More than 60% of customers estimate that they would definitely or probably consider a company or product offered by a favorite influencer in every area we looked into, and wellness is no different.[7]
  • Products continue to be a steady and important component of the market, accounting for around 70% of worldwide self-reported consumer wellness expenditure.[7]
  • Similar to skincare, 36% to 21% of respondents claimed they would choose the less effective alternative over the more natural one.[7]
  • With a yearly growth of 5% to 10%, we estimate the global wellness industry to be worth more than $1.5 trillion.[7]
  • 3 out of 5 employees claim to be burnt out in their present position, and 31% of respondents state that they experience very high levels of stress at work.[8]
  • 48% of workers think that one of the best ways their company can reduce stress is by investing in professional development.[8]
  • 61% of workers who participate in their company’s wellness program say they’ve changed their lifestyles for the better.[8]
  • 61% of workers said they would participate in a workplace fitness program to lower their health insurance expenses.[8]
  • 74% of firms believe that fostering employee health is important and advantageous for attracting and retaining workers.[8]
  • 80% of workers at pet-friendly companies say that being around pets while at work helps them feel content, peaceful, and sociable.[8]
  • 91% of workers in businesses headed by leaders who promote wellness programs feel inspired to give their all at work.[8]
  • 77% of workers believe that workplace wellness initiatives positively influence workplace culture.[8]
  • Approximately 87% of workers indicated they take into account an employer’s commitment to health and fitness.[8]
  • 63% of firms that provide wellness programs reported higher financial viability and expansion.[8]
  • Baby boomers are 66% less likely to take on tasks that call for a significant adjustment to their normal routine.[8]
  • Those with extremely successful health and wellness programs are 40% more likely to report superior financial results than businesses with ineffective programs.[8]
  • Companies with very effective productivity and wellness programs increase revenue per employee by 11%.[8]
  • 62% of wellness plan users said that it helped them save money on medical expenses.[8]
  • One-third of employers boosted their total benefits in a year, mostly their health and wellness benefits (22% and 24%).[8]
  • 70% of workers who participate in wellness initiatives report greater job satisfaction than those who do not.[8]
  • If their employer offered a gym they could use during work hours, 77% of employees said they would exercise more.[8]
  • Pet-friendly workplaces generate increased employee happiness, according to 63% of workers.[8]
  • 84% of firms’ wellness plans include financial security services, including access to budgeting resources, debt management tools, or student loan counseling.[8]
  • 89% of workers working for organizations that support wellness initiatives are more likely to recommend their employer as a great workplace.[8]
  • The most popular wellness initiatives are weight control (79%), physical activity (86%), and quitting smoking (91%).[8]
  • A wellness program’s members said that 38% of them took fewer sick days as a result of it.[8]
  • According to a 2019 National Business Group on Health survey, significant U.S. businesses spend an estimated 3.6 million dollars annually on wellness initiatives.[9]
  • The U.S. Bureau of Labor Statistics predicts that there will be a 15% growth in the number of nutritionist employment during the ten-year period from 2016 to 2026 as a result of the increased need for nutritionists.[9]
  • According to ZipRecruiter, the top 3% of corporate wellness consultants in the united states earn an average yearly pay between $203,000 and $221,500.[9]
  • Compared to just 15% of workers who were not financially worried, 49% of those who reported that money issues had severely or significantly impacted their mental health in the previous year.[10]
  • As with mental health, there is still a stigma associated with seeking assistance, and 41% of financially stressed workers feel ashamed to ask for financial advice.[10]
  • 56% of full-time workers are concerned about their money, and one in four of them are working more jobs than in past years to make ends meet.[10]
  • Employers place high importance on mental health, as indicated by the fact that 53% of them added mental health programs last year, according to PwC’s Health and Wellbeing Touchstone Survey.[10]
  • The bulk of 73% of workers reports that their financial concerns have substantially influenced their self-esteem and negatively affected their productivity at work.[10]
  • 89% of respondents said they would suggest their employer as a wonderful place to work, and 91% said the experience inspired them to give their all at work.[11]
  • According to a CNBC story from October 2020, an Aflac survey indicated that 43% of firms now provide telemedicine, up from 29% the year before.[11]
  • Burnout and exhaustion impact 43% of workers who work remotely and 43% of employees who work in a physical office.[11]
  • By 2027, allied industry research projects that the worldwide corporate wellness market will be worth $66.2 billion.[11]
  • Only 46% of workers, according to an IBM report published in October 2020, stated their employer supports their mental and physical wellness.[11]
  • A Mercer Analysis from October 2020 indicated that, as a consequence, employer healthcare expenditures are projected to increase by 4.4% per employee in 2021.[11]
  • Businesses saw savings of between 2,000 and 3,500 per employee thanks to an 87% drop in presenteeism and a 13% drop in absenteeism.[11]
  • An alight analysis published in July 2020 indicated that expenses at Fortune 500 organizations are projected to increase by up to 14% to the tune of 52 billion in 2021.[11]
  • Companies with wellness initiatives had workers who exercised regularly at a rate that was 83 percentage points higher.[11]
  • Only 21% of firms said in Deloitte’s 2020 Global Human Capital trends survey may 2020 that their well-being plan was comprehensive and work was created with wellbeing and the employee experience in mind.[11]
  • According to the Bank of America’s 2020 Workplace Benefits Report published on September 2020, 62% of businesses feel an extraordinary responsibility for their workers’ financial welfare.[11]
  • Following EAP counseling, the proportion of workers who reported not being engaged decreased from 32% to 23%.[11]

Also Read

How Useful is Corporate Wellness Consulting Providers

Corporate wellness consulting providers offer a range of services and programs aimed at improving employee health and well-being. These may include wellness assessments, health screenings, fitness challenges, nutrition counseling, stress management workshops, and more. By working with companies to design customized wellness programs, these consulting providers aim to boost employee engagement, reduce absenteeism, lower healthcare costs, and ultimately enhance overall productivity and performance.

One of the primary benefits of partnering with a corporate wellness consulting provider is the expertise and knowledge they bring to the table. These professionals are well-versed in the latest research on health and wellness, and can offer valuable insights and recommendations for improving employee well-being. By leveraging their expertise, companies can design and implement effective wellness programs that address the specific needs and challenges of their workforce.

Furthermore, corporate wellness consulting providers can help companies navigate the complex landscape of employee health and wellness. With the constantly evolving healthcare industry and changing regulatory environment, it can be challenging for organizations to stay up-to-date on the latest trends and best practices in wellness. By partnering with a consulting provider, companies can ensure that their wellness programs remain relevant and compliant with industry standards.

In addition, corporate wellness consulting providers can help companies measure and track the impact of their wellness programs. By analyzing key metrics such as employee participation rates, health outcomes, healthcare costs, and productivity levels, companies can evaluate the effectiveness of their programs and make data-driven decisions to improve employee health and well-being.

Despite these benefits, it’s important to acknowledge that corporate wellness consulting providers are not a one-size-fits-all solution. The success of a wellness program depends on various factors, including company culture, employee engagement, leadership buy-in, and resource allocation. While consulting providers can offer valuable guidance and support, ultimately it is up to companies to fully commit to promoting a culture of health and well-being within their organization.

In conclusion, corporate wellness consulting providers can be a valuable resource for companies looking to improve employee health and well-being. By leveraging their expertise, companies can design and implement effective wellness programs that address the specific needs of their workforce and achieve their business goals. While consulting providers are not a panacea, they can offer valuable insights, guidance, and support to help organizations create a healthier and more productive workplace for their employees.

Reference

  1. insightwellnessworks – https://insightwellnessworks.com/statistics-show-huge-need-for-a-workplace-wellness-program/
  2. snacknation – https://snacknation.com/blog/corporate-wellness-companies/
  3. bls – https://www.bls.gov/ooh/community-and-social-service/health-educators.htm
  4. forbes – https://www.forbes.com/sites/nazbeheshti/2019/01/16/10-timely-statistics-about-the-connection-between-employee-engagement-and-wellness/
  5. grandviewresearch – https://www.grandviewresearch.com/industry-analysis/corporate-wellness-market
  6. ibisworld – https://www.ibisworld.com/industry-statistics/number-of-businesses/corporate-wellness-services-united-states/
  7. mckinsey – https://www.mckinsey.com/industries/consumer-packaged-goods/our-insights/feeling-good-the-future-of-the-1-5-trillion-wellness-market
  8. myshortlister – https://www.myshortlister.com/insights/employee-wellness-statistics
  9. nutritioned – https://www.nutritioned.org/corporate-wellness-consultant/
  10. pwc – https://www.pwc.com/us/en/services/consulting/business-transformation/library/employee-financial-wellness-survey.html
  11. spiceworks – https://www.spiceworks.com/hr/employee-wellness/articles/workplace-wellness-statistics/

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