Workplace wellness programmes: a waste of time and money?

Global corporate industry is booming but positive impact on staff well-being is debatable

Office fun
In the UK more than half of employers have adopted formal staff well-being strategies
(Image credit: Getty Images)

The global corporate wellness industry was worth $53 billion (£41 billion) last year – but the true value of workplace well-being initiatives is harder to quantify. 

A report published this week by Emergen Research showed that annual company spending on wellness has skyrocketed from $8 billion (£6 billion) in 2016, before the Covid-19 pandemic upended well-being and workplaces alike. Most is spent on health risk assessment, thanks to the rising prevalence of chronic disease, but a growing chunk goes on mental health support programmes such as stress management courses. Rising rates of anxiety and depression, as well as longer working hours and greater workloads, were "key factors" driving the increase, said the report, as well as the increased focus on well-being.

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Harriet Marsden is a senior staff writer and podcast panellist for The Week, covering world news and writing the weekly Global Digest newsletter. Before joining the site in 2023, she was a freelance journalist for seven years, working for The Guardian, The Times and The Independent among others, and regularly appearing on radio shows. In 2021, she was awarded the “journalist-at-large” fellowship by the Local Trust charity, and spent a year travelling independently to some of England’s most deprived areas to write about community activism. She has a master’s in international journalism from City University, and has also worked in Bolivia, Colombia and Spain.