Recent Australian research and statistics on corporate massage and workplace well-being underscore the significance of wellness initiatives in enhancing employee health and organizational performance. Implementing a corporate massage program has been shown to positively impact workplace well-being.
Key findings include
Workplace Well-being Index:
Gallagher’s 2024 Workplace Trends Report highlights the critical role of employee well-being in driving business success. The report provides a comprehensive analysis of how well-being initiatives influence Australian workplaces. ajg.com
Mental Health Concerns:
Research by TELUS Health reveals that Australian employees’ mental health remains at levels comparable to the COVID-19 pandemic period. Approximately 38% of workers face a high mental health risk, while 37% are at moderate risk. These findings underscore the urgent need for effective workplace mental health support. oncoreservices.com
Positive Impact of Workplace Massage:
A study from the University of New South Wales found that both managers and employees view workplace massage favorably. Managers reported benefits such as improved corporate culture and increased productivity. Whilst employees experienced greater relaxation and enhanced concentration. wellbeing.unsw.edu.au
Growth of Corporate Wellness Services:
The Corporate Wellness Services industry in Australia is projected to reach $305.9 million in revenue by 2024-25. This growth is driven by increased private sector investment and a rise in non-manual employees. In turn this leads to higher demand for wellness services. ibisworld.com
Employee Engagement and Well-being:
Individuals with high well-being report being 2.3 times more engaged at work, suggesting that enhancing employee well-being can lead to increased engagement and productivity. ajg.com
Corporate Wellness Market expansion:
The corporate wellness market in Australia and New Zealand was valued at USD 1.4 billion in 2022 and is expected to grow at a compound annual growth rate of 5.5% from 2023 to 2030.This growth reflects rising awareness of employee health, increased corporate investment, and efforts to reduce absenteeism. grandviewresearch.com
Market Projections:
The corporate wellness market in Australia and New Zealand was valued at USD 1.4 billion in 2022 and is projected to grow at a compound annual growth rate of 5.5% from 2023 to 2030. This growth is driven by rising awareness of employee health, increased private sector investment, and efforts to reduce employee absenteeism. grandviewresearch.com
Psychosocial Safety Climate (PSC):
Studies show that a poor PSC triples the likelihood of developing depressive symptoms within a year. Improving PSC by 10% can reduce job demands by 4%, decrease burnout by 4.5%, increase job resources by 8%, and boost engagement by 6%. Addressing low PSC could lower job strain by 14% and worker depression by 13%, potentially saving Australian workplaces $6 billion annually in lost productivity. en.wikipedia.org