A new study makes a direct link between a small amount of extra physical activity and economic growth.
The value of employer-sponsored wellness programs has beendebatedever since the first employer offered to pony up with the goal of making workers healthierand, by extension, happier and more productive.
Now, a new academic study from the independent nonprofit research institute RAND Europe delivers the latest data showing a true relationship between global economic growth and physical activity, even if its not driven by a full-blown wellness program.
Related: Read all of our coverage of wellness topics here.
Commissioned by Vitality, which offers an interactive, personalized wellness program, the study reveals significant benefits to gross domestic product, workplace productivity and life expectancyif physical activity levels increase globally.
According to the study, the economic improvement would be linked to lower mortality rates (more people alive and contributing to the economy), reduced absenteeism and lower presenteeism, driven largely by the impact of physical activity on mental health. In terms of economic benefits, the study reports that if all adults aged 18-64 walked just 15 minutes more a day, the world economy could grow by an average of $100 billion a year until 2050. In addition to productivity, mortality would also improveranging from 11% to 28%. Vitality estimates this to result in 2.5 years of additional life (based on an average 40-year-old male).
This groundbreaking study provides proof of the relationship between physical activity, productivity, mortality and economic growth, said Tal Gilbert, CEO of Vitality USA, in a company statement. The stakes are enormous for the individual and for our society as a whole. This is why we are leading efforts with Vitality-linked insurers to make 100 million people 20% more active by 2025, as part of our global pledge.
Since 2015, one of those insurers, John Hancock, has partnered with Vitality to reward its life-insurance holders for healthy behaviors, such as physical activity, mindfulness, improved nutrition and preventive screenings.
When more people take small, everyday steps to improve their health and wellness, our society and global economies benefit. Were proud to be a part of this important effort, said Brooks Tingle, president and CEO of John Hancock.
RAND Europe used a dynamic, multi-country macroeconomic model to comprehensively assess the impact of physical inactivity on national economies on a consistent basis, allowing for an aggregation of the effect to the global economy. According to RAND Europe, the study followed a novel approach to synthesize the existing evidence on physical activity and mortality risk by taking study design and publication bias into account. It utilizes Vitalitys extensive proprietary data set on workplace healthderived from its Healthiest Workplace initiative in seven countriesto assess the relationship between physical activity and performance at work. It also combined the mortality and productivity effects into a single model to project the true economic cost of physical inactivity over time.
Related: Wellness program helping fight burnout
Hans Pung, president of RAND Europe, noted the significance of the study for policymakers and employers alike.
The study points to a significant relationship between inactivity and productivity loss, driven largely by ill-health-related presenteeism, he said. We hope that these insights will support policymakers and employers with new perspectives on how to enhance the productivity of their populations.
Learn more about the latest trends in employee wellness at HREs upcomingHealth & Benefits Leadership Conference, set for April 15-17 at the Aria in Las Vegas.
Read the original here:
- Trudeau to destroy another resource industry in the west but to the chagrin of the Feds Alberta could benefit - Brooks Bulletin - January 19th, 2020
- Bringing Consensus Politics Back to Environmental Issues - State of the Planet - January 19th, 2020
- PNGs economy rebounds in 2019, a year in review - POST-COURIER - January 19th, 2020
- B.C. cheers high tech in its rural communities - but financial support is missing - The Globe and Mail - January 19th, 2020
- Hello, Hanover - The Post - Ontario - January 19th, 2020
- Ghana And World Bank Sign $570 Million Agreement | Banking/Finance - Peace FM Online - January 19th, 2020
- Carbon pricing: Research on carbon taxes and cap-and-trade - Journalist's Resource - January 19th, 2020
- Focus on demand creation reforms in budget: PHDCCI to govt - ETAuto.com - January 19th, 2020
- Union Budget 2020 | PHDCCI urges govt to focus on demand creation reforms in budget - Jagran English - January 19th, 2020
- Shadowfax Ties Up With ASSOCHAM To Upskill And Employ Youth Under The Skill India Mission - IndianWeb2.com - January 19th, 2020
- Timipre Sylva: Nigeria to focus on five critical areas in oil and gas sector in 2020 - TODAY NEWS AFRICA - January 19th, 2020
- Digital citizen rights need to have teeth for Canada to succeed in data-driven economy - The Globe and Mail - December 27th, 2019
- Azmin: Malaysia to realign economy in the next decade - The Malaysian Reserve - December 27th, 2019
- The Malaysian economy in 2020 - Malaysiakini - December 27th, 2019
- There's a Genius, Sustainable Economic System We Could All Be Using. Here's How - ScienceAlert - December 27th, 2019
- Diane Francis: If Ottawa won't listen to the West on resources, perhaps the West should stop listening to Ottawa - Financial Post - December 27th, 2019
- How Cambridge Analytica and the Trump campaign changed Big Tech forever - CNBC - December 27th, 2019
- Abe says planning to visit Middle East in early Jan. - The Mainichi - December 27th, 2019
- The Next Big Thing - The Maritime Executive - December 27th, 2019
- ANCHORAGE PRESS PERSON OF THE YEAR: At 95, Vic Fischer continues to fight for the Alaska Constitution he drafted - Anchorage Press - December 27th, 2019
- Year in Review 2019: The five fastest-growing jobs in Singapore - Yahoo Singapore News - December 27th, 2019
- Moe has no regrets about divisive 2019 as he targets more autonomy in New Year - Regina Leader-Post - December 27th, 2019
- 65 Outstanding Black And Hispanic Men Leading In Cannabis - Benzinga - December 27th, 2019
- The Triad of Commoning - Resilience - December 21st, 2019
- What the United Arab Emirates can teach resource-rich countries in Africa - Brookings Institution - December 21st, 2019
- COP 25 in Madrid and the Limits of Climate Diplomacy - State of the Planet - December 21st, 2019
- This Teacher Makes $40,000 A Year. This Lawyer Makes $210,000 A Year. That Explains The American Economy. - BuzzFeed News - December 21st, 2019
- Newport, R.I. Looks to Protect its History From Climate Change - Government Technology - December 21st, 2019
- OP/ED: What the Linn County Lawsuit Really Means - Tillamook County Pioneer - December 21st, 2019
- Enbridge to create 300 new jobs for T-south pipeline expansion - Business in Vancouver - December 21st, 2019
- Capitalism and the Limits of Greening - CounterPunch - December 21st, 2019
- Taking Up Second Committee Reports, General Assembly Adopts 47 Resolutions, including Texts to Combat Protectionism, Unilateral Economic Measures -... - December 21st, 2019
- Business movers: The biggest appointments in Irish business to kick off 2020 - BreakingNews.ie - December 21st, 2019
- Gilgit Baltistan: a peace of heaven! - Daily Times - December 21st, 2019
- Look Back 2019: PM Lee reaches out to Singapore's key partners - The Straits Times - December 21st, 2019
- Our Top Infographics of 2019 - Visual Capitalist - December 21st, 2019
- Open and shut cases: North - Resource Clips - December 21st, 2019
- Tackling the difficult political history of the sub-continent - Dhaka Tribune - December 21st, 2019
- Innovating Your Way Out Of The Resource Curse - Forbes - December 5th, 2019
- Opinion: Is Canada's economy keeping up with the Joneses? Unfortunately, the answer is no - The Globe and Mail - December 5th, 2019
- Philip Cross: Stop meddling, government. Let the economy play to its strengths - Financial Post - December 5th, 2019
- Premiers urge Ottawa to boost fiscal stabilization program retroactively to cope with downturn in resource sector - The Globe and Mail - December 5th, 2019
- 'In pursuit of a knowledge based economy' - The Patriot On Sunday - December 5th, 2019
- Experts say reliance on resource revenue is the reason for Alberta credit downgrade - The Globe and Mail - December 5th, 2019
- In China, coal creeps back in as slowing economy overshadows climate change ambitions - Reuters - December 5th, 2019
- Space race: The next trillion-dollar economy? - Fox Business - December 5th, 2019
- Be industry 4.0-ready! - Study International News - December 5th, 2019
- Most Black Friday purchases soon end up as waste - University of Leeds - December 5th, 2019
- Report from Exxon Mobil-owned firm in 1991 shows the cost of curbing CO2 - The Japan Times - December 5th, 2019
- London audience hears why Canadian LNG is the 'coolest' | Oil & Gas - JWN - December 5th, 2019
- Futureproof your career in Business Analytics - Study International News - December 5th, 2019
- Time to change aid to give people sovereignty over their food - Open Democracy - December 5th, 2019
- Column: Wolverine tracking and the tale of Terrible Ted - Salmon Arm Observer - November 29th, 2019
- How to launch Ethiopia's tech and innovation lift-off - UNCTAD - November 29th, 2019
- Challenges of the Indus Basin - The News International - November 29th, 2019
- Resiliency and sustainability in the face of industry 4.0 | Eagle Watch - Business Mirror - November 29th, 2019
- The Grand Illusion - CounterPunch - November 29th, 2019
- Podcast: Rich pickings on the abyssal plain? - chinadialogue ocean - November 29th, 2019
- Igniting Innovation - BCBusiness - November 29th, 2019
- Shedding Light on Surefire Resources Unaly Hill and Victory Bore Vanadium Projects - Kalkine Media - November 29th, 2019
- North Lake Tahoe vacation rentals impacted most with new regulations - Rocklin & Roseville Today - November 29th, 2019
- 13 new books and reports about the future of food - Yale Climate Connections - November 29th, 2019
- Economic clichs and misconceptions - Daily Times - November 29th, 2019
- 68% of Edmontonians believe transition to green energy will lead to job opportunities: survey - Global News - November 29th, 2019
- News > Working with Business > University opens National Pig Centre in Yorkshire - University of Leeds - November 29th, 2019
- Saudi Arabia on a Bold Mission to Transform its Economy and Culture by 2030 - CBN News - November 16th, 2019
- To build a circular economy, we need to put recycling in the bin - Big Think - November 16th, 2019
- Risk-based Audits for Transfer Pricing : Some Key Concerns - Economic and Political Weekly - November 16th, 2019
- Offshore wind will be a $1T industry by 2040, but our oceans and economy need it now - Utility Dive - November 16th, 2019
- SUMA's president will help represent the west in Ottawa - 620 CKRM.com - November 16th, 2019
- Trying to bridge Canadas archipelago of envies again - Business in Vancouver - November 16th, 2019
- Reassess The PCS: Stop Moving Soldiers Every 2 Years - Breaking Defense - November 16th, 2019
- Why micromobility is the future of transportation in cities - World Economic Forum - November 16th, 2019
- Growing GDP Amid Hazardous Pollution The True Welfare of our Communities? - The Citizen - November 16th, 2019
- How Reparations to Descendants of Slavery Can Heal a Nation - YES! Magazine - November 16th, 2019
- India's Sanitation Economy estimated to be a $62 billion market opportunity - IndiaCSR - November 16th, 2019
- Skills and training the focus for new CIWM President - Resource Magazine - November 16th, 2019
- Green economy already eclipses that of oil and gas - The Rocky Mountain Goat - November 16th, 2019
- Two research projects receive combined $448000 from Innovate BC - BetaKit - November 16th, 2019
- India Cooling Action Plan and Implementation Strategies Highlighted at a Sideline Event at the 31st Meeting of the Parties of the Montreal Protocol -... - November 16th, 2019