Gympass, the leading corporate wellness platform, announced the release of its second annual State of Work-Life Wellness 2024 Report highlighting the growing importance of well-being for employees around the world. Based on a survey of more than 5,000 employees across nine global markets, the State of Work-Life Wellness Report uncovers valuable insights about demands for wellness support in the workforce.
For its 2024 edition, Gympass examined well-being trends within the context of the return-to-office debate, uncovering that working in your preferred environment significantly boosts personal wellness and productivity.
“Mismatched” employees—those who work remote but prefer in-office, or work in-office but prefer remote—reported significant negative effects on their overall well-being, compared to “matched” employees.
- When asked to rate their well-being, mismatched employees were twice as likely to report that they were “struggling” or “really struggling” compared to matched employees.
- Mismatched employees were more likely to have higher stress levels, lower emotional well-being, and more sleep loss from work stress.
- Mismatched employees were twice as likely to report being unhappy working at their current company.
“The workplace ‘mismatch problem’ underscores a larger issue: that well-being is unique to each individual,” said Cesar Carvalho, co-founder and CEO of Gympass. “Flexibility is a crucial consideration as companies navigate the return-to-office landscape. Everyone is different. Companies can take better care of their employees by offering flexible, preventative benefits that not only make employees happy and healthy but save your company money in the long term.”
Employee well-being is non-negotiable for today’s global workforce, with its importance significantly growing year-over-year.
- The vast majority of employees—96%—seek employers who prioritize well-being.
- Approximately 93% of global employees believe that well-being is equally important to salary, which is a significant increase of 10 points year-over-year.
- About 87% of workers say they would consider leaving a company thar does not focus on employee well-being, which is also a 10-point increase year-over-year.
Company leaders are experiencing better well-being compared to others, creating a “blind spot” that can cause a disconnect between them and teams at large.
- Approximately 91% of company leaders—directors and above—say they can take time for their well-being, compared to 76% of managers and 66% of non-managers.
- The vast majority of global employees say that emotional wellness (95%) and physical wellness (94%) boosts their productivity and satisfaction at work.
- The percentage of employees engaging with their company’s well-being program has increased by nine points year-over-year to 77%.
“Company leaders and managers: If you feel good about your well-being, you cannot assume that the rest of your team does, too,” said Carvalho. “Leaders must ensure that employees, especially non-managers and those early in their careers, have the same time, resources, and flexibility to take care of themselves. Wellness is not a seniority perk; it’s the most important thing to keep your employees healthy, productive, and engaged at work.”