Only 1 in 3 employers say workers' well-being is in excellent condition: survey

About 78% said their overall well-being has been a priority since 2020

An estimated 35% of surveyed employers in Singapore found the overall well-being of their employees “very good” or “excellent”, according to the survey by business solutions firm, Aon.

Further, 78% of companies emphasised that well-being has become a priority since the COVID-19 pandemic year.

Those that said they have started investing in their well-being since 2020 were at 61%. While 85% stated well-being is incorporated into their overall business and talent strategy.

The Asia-Pacific (APAC) region ranked highest in terms of employee well-being, the report showed.

“Employee well-being ranked among the top three priorities for APAC businesses’ human capital strategy, with 67% of employers in APAC saying wellbeing is more important to their company and 48% say it has increased in priority, compared to 2020,” Aon said.

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Compared to the global average of 43%, 49% of APAC companies said investment in employee wellbeing initiatives has increased.

Looking at regional peers, the share of those that said well-being in the office environment was excellent are as follows: South Korea (48%), the Philippines (30%), Hong Kong (25%), and Japan (16%).

In partnership with IPSOS, a prominent global market research company, Aon surveyed human resources and benefits leaders from over 263 companies across 14 countries and sovereignties in the Asia Pacific region, spanning various industries. The survey was conducted between August and November 2022.