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SINGAPORE\u00a0<\/span>–\u00a0Media
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Company culture the
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The top five employee
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Although 91% of Singapore companies have at least one
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Company
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Leadership can set the tone for culture and
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The survey also found
Tim Dwyer, CEO, Health
\nOutReach<\/a>\u00a0–\u00a0<\/span>27<\/span> April 2021 –<\/span> Aon plc<\/a> (NYSE: AON), in
\npartnership with IPSOS, has released a survey that confirms the link between
\nemployee wellbeing and company performance. Aon’s 2021 Global Wellbeing Survey<\/a> found that improvements
\nto employee wellbeing within a company directly impact customer satisfaction
\nand retention. While wellbeing performance overall has a direct connection to a
\nstrong and focused wellbeing strategy, a series of ad-hoc wellbeing initiatives
\nwill have less impact. <\/p>\n
\n
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\nmain driver in addressing mental health, burnout in Singapore <\/b>
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\nwellbeing issues in Singapore are work-life balance, mental health, culture,
\nburnout and a virtual work environment. <\/p>\n
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\nwellbeing initiative in place, only 51% have a strategy and just 16% fully
\nintegrate wellbeing into their business and talent strategy. The survey also found
\nthat overall, 27% of wellbeing programmes are performing exceptionally or above
\naverage.<\/p>\n
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\nculture was cited as the number one driver in developing a business case for
\nwellbeing programmes. Beyond financial resources and investment, almost half of
\nSingapore companies (44%) indicated that being able to measure the return on
\nactions being implemented is one of their biggest challenges in starting or
\nexpanding wellbeing initiatives.<\/p>\n
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\nwellbeing. Forty-two percent of Singapore companies agreed that the Chief Human
\nResources Officer (CHRO) is the champion of wellbeing initiatives, followed by
\nthe CEO (21%). <\/p>\n
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\nthat globally:<\/p>\n\n
\nby 3% increases customer satisfaction and retention by 1%;<\/li>\n
\nwellbeing performance by 3.5% see a 1% increase in employee satisfaction and
\ncustomer acquisition; and<\/li>\n
\nby 4%, there was a 1% increase in company profit and a 1% decrease in employee
\nturnover.<\/li>\n<\/ul>\n
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\nSolutions, Asia Pacific, Aon, <\/b>said: “The impact of the global COVID-19 pandemic
\nand a volatile economy has elevated the importance of wellbeing to individuals,
\norganisations and communities in the region. Companies will do well to ensure
\nthat there is top leadership support in creating a culture and a wellbeing
\nstrategy that is aligned with their business strategy. This will lead to a
\nresilient workforce that moves forward with confidence and certainty driving
\nbusiness performance.”<\/p>\n
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