MetLife Employee Benefit Trends
Supporting Employees by Embracing a Model of Holistic Well-Being
Key Takeaways:
- Employers’ support of employees’ holistic well-being — through programs that address physical, financial, mental and social health — can make a measurable difference.
- Improving well-being across physical, financial, mental and social health leads to higher workforce engagement, productivity and loyalty.
- Financial wellness is particularly important for holistic well-being. Employees with poor financial health also rate their mental, social and physical health significantly lower than the average.
- Lack of awareness and understanding of employee wellness programs may limit usage.
Employers who are providing benefits during the crisis are impacting employee well-being
Data from the start of COVID-19 shows that employees report greater holistic well-being when their employers offer benefits to help them manage the crisis.
What’s more, productivity, engagement and loyalty improve when employees are healthy overall.
Financial health plays a critical role in overall well-being
In the context of COVID-19, employees state financial health is a top concern. Financial health may be linked to poor physical, mental and social health.
In the context of COVID-19
Percentage of employees are concerned about their financial health in the wake of the pandemic
Wellness programs can have an impact in areas of concern like financial health, but increased awareness of these programs is needed.
- A deep dive on how financial health affects holistic well-being
- Strategies to drive employee awareness