A good work environment and a strong corporate wellness program are crucial to a high employee retention rate. Corporate wellness leads to more participation, better work output, and significantly increased morale. However, achieving this requires going beyond offering health insurance and extra vacation days. Improving the work environment, providing customizable benefits, and implementing diversity, equity, and inclusivity measures are just a few ways organizations can enhance their corporate wellness programs.
On this note, the most recent market estimates indicate that the corporate wellness industry is expected to reach $94.8 billion by 2028. During this period, the CAGR is predicted to be 7.6 percent. A major contribution to the industry’s growth is the global push for incorporating more corporate wellness programs in organizations to improve employee health and wellbeing. Wearable fitness technology and the increase in health consciousness are also major driving forces for this development.
To put the spotlight on such key developments in the industry, Manage HR Canada illustrates how organizations are leveraging the latest technologies to make big strides in improving employee wellness and meeting client expectations. The edition features thought leadership articles from Bernie C. Knobbe, senior vice president of global benefits & wellbeing at AECOM, who emphasizes the importance of embracing a digital mindset to deliver better employee wellbeing programs. Nicola Ladisa, human resources and organization director corporate of De Agostini, speaks about the crucial need to change the current approach to talent management to better identify an employee’s talents and enhance their performance.
We hope this edition assists you in finding the appropriate solution providers that will deliver impactful technology to take your corporate wellness programs to the next level.
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