Aon’s Global Wellbeing Survey Highlights 90 Percent of Companies have a Wellbeing Initiative in Africa and the Middle East

Aon plc (NYSE: AON), a leading global professional services firm, has released its 2022-2023 Global Wellbeing Survey, which – among other key findings – shows that globally improving employee wellbeing factors can enhance company performance by at least 11 percent and up to 55 percent.

There is a relationship between wellbeing and a sustainable working life, which can impact company performance. The higher an employer’s ratings are in overall employee wellbeing, culture and climate of wellbeing, performance of wellbeing initiatives and funding allocation toward wellbeing, the better their scores are in workforce resilience, agility and belonging, which make a sustainable working life. In Africa and the Middle East, the report found that more than 90 percent of companies have a wellbeing initiative in place.

Globally, 87 percent of companies have at least one wellbeing initiative in place, which was flat compared to 2020. However, 83 percent reported having a wellbeing strategy, compared to 55 percent in the 2020 report.

“Despite companies facing increasing volatility and uncertainty in the form of inflation, a global pandemic, changing workforce patterns and geopolitical conflict, the latest Global Wellbeing Survey demonstrates that employers are still focused on wellbeing, now more than ever,” said Stephanie Pronk, senior vice president for Health Solutions at Aon. “Companies are building resilient workforces by increasing their commitment to employee wellbeing both in support and financial investment, which also helps to attract and retain talent. Wellbeing is far from being a niche issue – wellbeing programs that are designed to address the diverse needs of employees can have wide-ranging impacts on an organisation.”

The top findings from the report in Africa and the Middle East are:
• Forty-eight percent of companies rated overall wellbeing excellent or very good.
• Employee recognition awards were rated the leading programme offered by employers to improve social wellbeing.
• The top financial wellbeing stressor is job security.

Aon conducted the survey of human resources and benefits leaders from more than 1,100 companies across 46 countries and multiple industries in collaboration with IPSOS, a leading global market research company, through August and November of 2022. Explore findings of Aon’s 2022-2023 Global Wellbeing Survey here.