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Health & Productivity Strategy (07-10-2006) 

Health & Productivity Management – Becoming a Global Strategy

A growing number of multinational companies plan to develop a health and productivity strategy outside of the United States according to a survey by Watson Wyatt Worldwide. Of the 90 companies surveyed 65% currently have a strategy to improve the health and productivity of their employees in the US but much fewer have programs in other regions:

  • Canada - 22%
  • Asia Pacific - 21%
  • Europe – 16%
  • Latin America – 15%

Here is a listing of what types of programs are offered in and outside of the US:

 

Within US

Outside US

Health promotion                  

     79%

     30%

Health education/awareness

     75%

     38%

Tracking absences

     54%

     34%

Worklife

     69%

     31%

Disease management

     76%

     21%

Return-to-work

     70%

     28%

The main reason for these differences is that US companies face the burden of rising health care costs whereas in other countries health benefits are often state-funded. 45% of American CEOs are worried about cost trends whereas only 8% of their counterparts abroad are. Nevertheless, many multinationals are planning to expand programs globally, e.g., 35% plan to add health promotion programs, due to the many universal benefits and the increased evidence for a positive return-on-investment (ROI). Employers worldwide want healthy and productive workers.

For more information read the brief here: Watson Wyatt