We see organisations around the globe with ageing workforces, and New Zealand is no exception. It has one of the highest ageing rates of employees over the age of 55 amongst all OECD countries and is expected to be on the incline. Whilst this has many opportunities for the employee and the company, at the same time, it presents some challenges especially around wellness and health - and how that can impact everyone involved.
Research shows that wellness is a bigger problem than we may have previously thought. 33% of individuals are insufficiently active, 65% aren’t eating a healthy diet, 33% sleep less than seven hours, and 54% have two or more musculoskeletal disorders.
Whilst this impacts the health and wellness of the individual, it also has a direct impact on your business - with around 57.5 estimated lost workdays per employee per year. When wellness isn’t holistically ingrained into your organisation’s culture and strategies, this causes a massive flow-on effect - including increased healthcare costs, increased costs due to lost or sick days, lower productivity and more.
Another factor to build into considering a corporate wellness programme as part of your organisation’s strategy is that muscle mass decreases with age - especially after the age of 30. Older employees may take slightly longer to recover than the younger workforce, which means more sick days and time lost when they are at work due to them being less productive.
How can we support our ageing workforce to make sure everyone benefits?
It’s more important today than ever to prioritise wellness in our organisations, especially for our older workforce. Taking a proactive approach is necessary to help lower the risk of health and safety issues from occurring in the first place, and creates a tangible and meaningful change in their lives and your organisation.
We need to inspire a culture of proper work-life balance and flexible working. Research shows that functional exercise is more effective when done during a workday - with participants noting a 72% increase in time management and completed workload on days they exercised. Flexible working has gained popularity and is now the norm rather than the exception especially in the new way we work.
Research has shown that regular exercise can improve muscular and cardiorespiratory fitness, improve functional health, reduce the risk of hypertension and falls, and help maintain healthy body weight, amongst others. A corporate wellness programme is a great way of attaining these benefits as it approaches wellness holistically and influences each individual to lead their active lives and create a collective culture of wellness.
A corporate wellness solution like June365 engages and inspires people to improve their wellbeing, focuses on functional strength and builds a community to improve and transform your organisation’s health and wellness culture through a new approach to physical wellness. With immersive challenges, trainers, exercise programmes, an intelligent wellbeing engine and the June365 Digital Coach, it is the perfect way to help our older workforce work towards their wellness, wherever and whenever suits them best.