Research shows that pain-related productivity losses cost companies across Singapore, Malaysia, Indonesia and the Philippines the equivalent of US$44.6 billion in 2016 - or 2.4% of the countries' combined gross domestic product, and counting.
With the rising cost of healthcare, many companies have found that prevention (that is, keeping staff healthy) is cheaper than cure (that is, healing them when they are sick). In some cases, the cost of company-sponsored nutrition, exercise and ergonomic office designs reduces spend on doctors, hospitals and insurance (not to mention the cost of absenteeism and low productivity) by more than the cost of prevention.
The winners and finalists in the Best Corporate Wellness Providers category at the HR Vendors of the Year 2018 awards in Singapore and Malaysia do their best in keeping their clients' workforces healthy through their products and services.
Singapore – Best Corporate Wellness ProvidersWinners: Gold – Fullerton Healthcare Group Silver – Virgin Pulse Bronze – AsiaMedic Wellness Assessment Centre
Malaysia – Best Corporate Wellness ProvidersWinners: Gold – Virgin Pulse Silver – ASP Medical Group Bronze – Spectrum of Life Integrative Wellness Centre
Finalists: International Psychology Centre
Want to know more about HR Vendors of the Year awards?