CHICAGO – Sept. 8, 2010 – MetLife today released the results of a study which found companies with a greater focus on the health of their employees are overall more successful than those that are less concerned with employee health.
The MetLife Study of Global Health and Wellness detailed differences between organizations with an active interest in employee health versus those that place lesser importance on the health of employees, hoping to bring to light best practices for organizational health and wellness programs. MetLife performed case studies at four leading multinational corporations around the world to determine chronic diseases, lifestyle-related health issues, and other trends impacting employees’ health, the impact on costs and productivity, and how these issues are being addressed.
The MetLife white paper released today announced findings that companies taking an active role in the health and well-being of their employees can expect to see a positive impact on their bottom line.
According to Metlife’s VP of Multinational Solutions, Rudy Bethea, the study’s findings underscore the significance of employee health issues to organizations around the world.
“While there are different issues at play in different cultures,” said Bethea, “The universal truth is that investing in employee health is important for long-term business success.”
Bethea said the report also offers insight as to how global companies can remain competitive and still be able to take keen interest and proactive measures in employee health.
“The MetLife study provides insights into how multinational employers can overcome challenges to encourage a workplace culture of health while maintaining a competitive business model,” he said.
Detailed assessments of wellness programs at American Express, CEMEX, GlaxoSmithKline and PPG Industries were carried out, focusing specifically on sites in the U.S. , the U.K., India, Mexico, China and the Philippines. The study looked at specific steps taken by those organizations to maximize employee health and to reach solutions that fit business and employee needs on a global scale.
“General access to affordable health care, the prevalence of chronic disease and a growing aging labor force are all factors that today’s multinational employers must consider as they develop policies…supportive of healthy living,” Bethea said.
The case study was funded and run in part by MetLife Multinational Solutions and the MetLife Mature Market Institute, in coordination with the Sloan Center on Aging & Work at Boston College.
For more information on the MetLife Study of Global Health and Wellness, see the full report at www.metlife.com/multinational.