56% of employers in Singapore cite workforce stress as the number one health risk concern. Generalised approaches by employers in Singapore towards Health & Productivity programmes are not delivering the intended benefits.
Many employers in Singapore continue to miss the mark with their health and productivity (H&P) approach, according to Willis Towers Watson’s 2015/2016 Global Staying@Work survey. Findings from the recent report reveal that the absence of personalisation and lack of measurement are limiting the true value of these programmes.
Recognising that health and productivity are core organisational components, 44% of employers in Singapore are offering a variety of tactical health programmes such as worksite diet/exercise activities, biometric screenings and on-site health clinics.
By implementing such offerings, employers are hoping to boost programme engagement (according to 80% of those surveyed) and improve productivity (74%), health/risk awareness (69%) and safety (69%).
However, the survey further found that the current programmes are providing only limited boost to employee engagement and effectiveness. This is because, alarmingly, the impact of such programmes is not being measured, with just 6% of Singaporean companies doing so on an ongoing basis (compared to 39% in the U.S. and 22% globally).
Also employers in Singapore are lagging behind their global counterparts towards driving a relevant and holistic H&P approach built around analytics, with 0% of local companies surveyed, admitting to doing so versus 10% of global firms.
Consequently, it is not surprising to see stress continues to remain the number one health risk concern for employees in Singapore, with the latest survey results also echoing the findings of Willis Towers Watson’s previous 2013/2014 Global Staying@Work survey.
“For companies to increase their chances of success, they must view health and productivity holistically, and offer customised and interconnected programmes that have the same overall goal,” said Dr. Rajeshree Parekh, Director of Health and Corporate Wellness for Asia and Australasia at Willis Towers Watson.
“Implementing programmes that don’t align with an overarching strategy will have limited results in changing long-term employee behaviour.”
Further findings from the research highlight:
Apart from Singaporean companies identifying stress as the number-one health issue, lack of physical activity, lack of sleep and obesity are also leading health risks, reflecting on Singapore’s high-pressure working environment.
“It’s important for employers in Singapore to recognise that many of the employee health issues are inter-related,” said Dr. Parekh.
“For example, research shows that insufficient physical activity, poor nutrition and inadequate sleep are strongly linked with obesity and stress. This linkage is another reason why employers’ efforts to address issues on an individual basis could fail to improve employees’ health and wellbeing, and why holistic, strategic approaches are vital.”
Positively, local companies are now realising and recognising the need for a more strategic approach, with 67% of organisations in Singapore planning to differentiate their programmes for specific segments through the use of data and analytics in the next three years – significantly higher than their regional counterparts (35%).