North American Executive Issue 102a | Page 29

_________________________________________________________________________________________ Corporate
Wellness

Wellness

AT WORK

The evolution of corporate wellness is unlocking productivity and fostering a thriving workforce

Corporate wellness has come a long way over the past few decades . What started as basic employee benefit schemes has now transformed into comprehensive wellness strategies that are essential for organizational success . As businesses navigate the complexities of modern work environments , the need for robust wellness programs has never been greater .

The current landscape
The corporate wellness market is booming – and for good reason . Companies are realizing the benefits of a healthy workforce , from increased productivity to reduced healthcare costs . The global corporate wellness market is projected to hit $ 93.4 billion by 2027 , growing at an impressive annual rate of seven percent starting in 2020 . This surge is driven by a growing awareness of mental health , chronic disease prevention , and overall employee well-being .
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