DECEMBER 2019HR TECH OUTLOOK6Intuitively, key decision-makers are aware that employee health and wellbeing is one of the most crucial factors that can impact the success of their business. And it goes beyond productivity metrics. The physical and mental health of an organization's workforce has a powerful correlation with not just employee engagement but talent recruitment and retention as well. As the APAC region feels the repercussions of labor shortage becoming increasingly visible in recent times, it is important that corporations improve and implement wellness strategies to both retain, and attract and secure talented individuals. While the reason for the adoption of corporate wellness programs before was really a reaction to the growing trend of work life balance with a corporate social responsibility initiative in mind, companies now are more appreciative of the benefits of wellness. In line with organizations putting greater importance on corporate wellness programs, candidates and employees are also placing higher value on workplace wellness in combination with other non-financial factors such as flexible working hours and the freedom to work from home. Other than employee engagement, talent retention, attracting top talent, organizational culture and morale, corporate wellness programs when implemented properly have been known to help reduce the cost of health care. One of the main reasons nowadays for employees missing work in a week is health issues resulting from an increasing prevalence of non-communicable diseases, such as cardiovascular disorders, chronic respiratory diseases, diabetes, and cancer. By implementing better employee health strategies, organizations can reduce health-related absenteeism and improve productivity at work. In a highly competitive business landscape, the need for employee wellness is intensifying as the competition for acquiring the top talent becomes ever fiercer in the APAC. Businesses are investing in more elaborate corporate wellness programs and formulating long term workforce strategies as corporate wellness becomes a norm across the market. In this special edition of HR Tech Outlook centered on Employee Wellness in the APAC region, we highlight the insights from thought leaders and profiles on solutions that are changing the narrative and helping enterprises deploy the latest Employee Wellness platforms.Do let us know your thoughts!Employee Wellness: Driving Employee Productivity and Engagement Hanna WilsonManaging Editoreditor@hrtechoutlook.comManaging EditorHanna WilsonEditorial StaffSalesAaron PierceAva Garcia Philo VazRussell ThomasVisualizersChris LynnCalvin JamesEditor's Noterichard@hrtechoutlook.comRichard WatsonCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffContact Us:Phone:+1 (510)-369-5331Fax:510-894-8405Email:sales@hrtechoutlook.comeditor@hrtechoutlook.commarketing@hrtechoutlook.com HR TECH OUTLOOKDecember - 23 - 2019, Volume 05, Issue 32 (ISSN 2644-2477)Published by ValleyMedia, Inc. To subscribe to HR Tech OutlookVisit www.hrtechoutlook.com David Parker
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