Signal Investing in employee health could add USD 3.7 to 11.7 trillion in economic value

Summary

McKinsey research cited in the report treats employee health and well-being as a major driver of sustained performance and productivity. It estimates that investing in these areas could unlock economic value of 3.7 trillion to 11.7 trillion US dollars, comparable to lifting global GDP by 4 to 12 percent. Most of that value would come from higher productivity and less presenteeism, the state of being on the job without working at full capacity, an opportunity sized at 2 trillion to 9 trillion dollars. The report adds that common conditions carry heavy costs, with untreated insomnia alone adding roughly 2,280 dollars per affected employee each year. The message is that health spending should be treated as part of core performance strategy.