Considering worldwide events and trends like a global pandemic, socio-economic volatility, geo-political conflict and rising rates of chronic health conditions, supporting the well-being of global employees has become a top priority for multi-national organizations. In a 2023 survey of global employers, 80% reported they have or are developing a globally consistent well-being strategy1, a significant upward trend and a shift compared to prior years.
Before developing such strategies, employers need to understand the macro challenges and trends influencing the need for effective global well-being plans and outcomes.
We believe the following FIVE macro challenges and trends are driving the increased need for employers to focus on global well-being as a top priority:
Given these challenges, employers should adopt a sustainable framework that can be iterative and refreshed to deliver an effective and adaptable global health and well-being strategy.
Brown & Brown has developed a five-part framework for employers and their global health and well-being strategy. The framework relies on the following employer actions:
No matter where employers are in their global health and well-being journey, the approach above will assist in refreshing or developing a sustainable and iterative roadmap to help lead to the success of global health and well-being strategies and business. This iterative approach could help yield better health outcomes and improved business metrics, including productivity, engagement, talent attraction, retention and employee satisfaction.
1. 14th Annual Employer-Sponsored Health & Well-being Survey from Fidelity Investments and Business Group on Health, 2023; https://businessgrouphealth.org/en/newsroom/news%20and%20press%20releases/press%20releases/2023%20fidelity%20survey
2. Taquet M, Holmes EA, Harrison PJ. Depression and anxiety disorders during the COVID-19 pandemic: knowns and unknowns. Lancet. 2021 Nov 6;398(10312):1665-1666. doi: 10.1016/S0140-6736(21)02221-2. Epub 2021 Oct 8. PMID: 34634251; PMCID: PMC9754944. Retrieved August 2023 from: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9754944/
3. 2022 Alight International Workforce and Wellbeing Mindset Report; https://www.alight.com/getmedia/3a2d9f36-fe6a-429e-94ca-faca65db9811/2022-Alight-internationalworkforce-and-wellbeing-mindset-study_1.pdf
4. World Health Organization, Obesity and Overweight, Retrieved August 2023 from: https://www.who.int/news-room/fact-sheets/detail/obesity-and-overweight
5. The ManPower Group, The Talent Shortage, Retrieved August 2023 from: https://go.manpowergroup.com/talent-shortage
6. CB Insights State of Digital Health 2021 and 2022 Reports: https://www.cbinsights.com/research/report/digital-health-trends-2021/ and https://www.cbinsights.com/research/report/digital-health-trends-2022/
Principal, Population Health and Well-Being Consultant
National Clinical Leader