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YOUR FIVE-MINUTE BRIEFING—OR A DEEP DIVE IN FIFTY

Image description: An image of a person sitting at a desk, engaging with a touchscreen computer monitor. To the right of the person sits a bird, and to the person’s left, a mug with steam rising from it. In the background and surrounding space are mountain peaks and forest trees, giving the impression that the person’s workspace is in the middle of nature. End of image description.

Healthy workplace, healthy workers

By creating supportive workplaces that help alleviate employee burnout and improve well-being, employers can enable both their workforces and their companies to thrive.

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Enhanced employee health can boost engagement and productivity and has the potential to create up to $11.7 trillion in global economic value, say McKinsey’s Barbara Jeffery, Brooke Weddle, Jacqueline Brassey, and Shail Thaker. To learn more about how companies can support their people to help them thrive, check out the latest edition of the Five Fifty.

Image description: Five area charts show the estimated total opportunity value created by initiatives that improve specific aspects of employee health and well-being, ranging from total direct costs of poor well-being to total benefits created through good well-being. The initiative with the highest potential value, at $2.1 trillion to $9.3 trillion, is “decreased presenteeism and increased productivity” and sits in the middle of the range. The two areas on the direct-costs end of the range are “decreased attrition,” at $300 billion to $900 billion, and “decreased absenteeism,” at $600 billion. The two areas on the total-benefits end of the range are “increased retention,” at $400 billion to $600 billion, and “increased attraction,” at $300 billion. End of image description.

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