58 datasets found
  1. Employees who had access to dental care benefits in the U.S. in 2023, by...

    • statista.com
    Updated Feb 8, 2024
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    Preeti Vankar (2024). Employees who had access to dental care benefits in the U.S. in 2023, by sector [Dataset]. https://www.statista.com/topics/3275/workplace-health-and-wellness-in-the-us/
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    Dataset updated
    Feb 8, 2024
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Preeti Vankar
    Description

    In 2023, 41 percent of employees working for private industries in the United States had access to dental care benefits through an employer-sponsored healthcare plan. While around two-thirds of state government workers had access to dental care benefits. This statistic illustrates the share of employees who had access to dental care through employer-sponsored benefits plan in the U.S. in 2023, by type of workers.

  2. Most common reasons for small firms not offering health benefits in U.S....

    • statista.com
    Updated Feb 8, 2024
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    Preeti Vankar (2024). Most common reasons for small firms not offering health benefits in U.S. 2023 [Dataset]. https://www.statista.com/topics/3275/workplace-health-and-wellness-in-the-us/
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    Dataset updated
    Feb 8, 2024
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Preeti Vankar
    Description

    In 2023, the most common reason for small firms to not offer health benefits in the United States was that the firms is too small, which was chosen by 31 percent of respondents. The other two main reasons cited were that the cost of health insurance is too high, and that employees are covered under another plan, including spouse's, with 26 and 14 percent of respondents choosing these respectively.

  3. Employees who had access to vision care benefits in the U.S. in 2023

    • statista.com
    Updated Feb 8, 2024
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    Preeti Vankar (2024). Employees who had access to vision care benefits in the U.S. in 2023 [Dataset]. https://www.statista.com/topics/3275/workplace-health-and-wellness-in-the-us/
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    Dataset updated
    Feb 8, 2024
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Preeti Vankar
    Description

    In 2023, 27 percent of employees working for private industries in the United States had access to eye care benefits through employer-sponsored healthcare plans. On the other hand, 42 percent of state government workers had access to vision care benefits.

  4. Share of U.S. employers that offered select wellness programs in 2020

    • statista.com
    Updated Mar 22, 2023
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    Statista (2023). Share of U.S. employers that offered select wellness programs in 2020 [Dataset]. https://www.statista.com/statistics/742846/employers-that-offered-wellness-programs-united-states/
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    Dataset updated
    Mar 22, 2023
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Sep 28, 2020 - Nov 10, 2020
    Area covered
    United States
    Description

    According to the 2020 survey, 34 percent of employers offered their employees access to a smoking cessation program. Comparatively, 25 percent of employers offered weight loss programs. This statistic displays the percentage of survey respondents in the U.S. that indicated their employer offered different wellness programs and events in 2020.

  5. Employee Benefits Survey

    • s.cnmilf.com
    • datasets.ai
    • +1more
    Updated May 16, 2022
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    Bureau of Labor Statistics (2022). Employee Benefits Survey [Dataset]. https://s.cnmilf.com/user74170196/https/catalog.data.gov/dataset/employee-benefits-survey-d4c47
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    Dataset updated
    May 16, 2022
    Dataset provided by
    Bureau of Labor Statisticshttp://www.bls.gov/
    Description

    National Compensation Survey - Benefits produces comprehensive data on the incidence (the percentage of workers with access to and participation in employer provided benefit plans) and provisions of selected employee benefit plans. The Employee Benefits Survey (EBS) is an annual survey of the incidence and provisions of selected benefits provided by employers. The data are presented as a percentage of employees who participate in a certain benefit, or as an average benefit provision (for example, the average number of paid holidays provided to employees per year). The survey covers paid leave benefits such as holidays and vacations, and person, funeral, jury duty, military, parental, and sick leave; sickness and accident, long-term disability, and life insurance; medical, dental, and vision care plans; defined benefit pension and defined contribution plans; flexible benefits plans; reimbursement accounts; and unpaid parental leave. Also, data are tabulated on the incidence of several other benefits, such as severance pay, child-care assistance, wellness programs, and employee assistance programs. For more information and data visit: https://www.bls.gov/ebs/

  6. Corporate Wellness Market Analysis US - US - Size and Forecast 2024-2028

    • technavio.com
    Updated Jan 25, 2015
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    Corporate Wellness Market Analysis US - US - Size and Forecast 2024-2028 [Dataset]. https://www.technavio.com/report/us-corporate-wellness-market-analysis
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    Dataset updated
    Jan 25, 2015
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    United States
    Description

    Snapshot img

    US Corporate Wellness Market Size 2024-2028

    The US corporate wellness market size is forecast to increase by USD 7.6 billion at a CAGR of 9.4% between 2023 and 2028. In the US corporate landscape, the significance of employee health and wellness has gained considerable traction as businesses strive to mitigate the financial burden of escalating healthcare premiums and address the prevalence of physical and mental disorders among their workforce. The market is experiencing notable growth due to the increasing recognition of the return on investment (ROI) that proactive health initiatives offer. A key trend driving this market is the integration of wearable technology to monitor and improve employee health. However, poor engagement levels among employees pose a significant challenge, necessitating innovative strategies to boost participation and maximize the benefits of these programs. By prioritizing employee wellness, companies can not only foster a healthier workforce but also reduce healthcare costs and improve overall productivity.

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    In today's modern business landscape, the significance of employee wellbeing in fostering a productive workforce has gained substantial recognition. Corporate wellness programs have emerged as a strategic initiative to address the increasing prevalence of chronic diseases and work-related stress among employees. Chronic diseases, such as diabetes, obesity, and cardiovascular conditions, have become a major concern for businesses due to their impact on employee health and associated healthcare premiums. Furthermore, the rising incidence of mental disorders, including depression and anxiety, has added to the urgency for companies to prioritize employee wellbeing.

    In addition, work-related stress has become a pervasive issue in the corporate world, with stress management being a crucial component of effective corporate wellness programs. These programs aim to create a healthy work environment, where employees can maintain a healthy lifestyle and manage stress effectively. Online workout sessions, yoga mats, resistance bands, and gym equipment are some of the resources that companies offer to encourage physical fitness. Health risk assessments, health screenings, nutrition guidance, and weight management programs are essential components of these initiatives. Smoking cessation programs have also gained popularity in corporate wellness offerings, as tobacco use is a leading cause of preventable diseases.

    Furthermore, stress management techniques, such as mindfulness meditation and cognitive behavioral therapy, are increasingly being integrated into these programs. Corporate wellness programs offer numerous benefits to both employers and employees. Employers can reduce healthcare costs, improve employee productivity, and enhance employee morale. Employees, on the other hand, can reap the rewards of a healthier lifestyle, reduced stress, and improved overall wellbeing. ROI (Return on Investment) is a critical factor for businesses considering the implementation of corporate wellness programs.

    Market Segmentation

    The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

    Application
    
      Health assessments and screenings
      Nutrition and fitness
      Stress management
      Others
    
    
    Product Type
    
      SMEs
      Large organizations
    
    
    Geography
    
      US
    

    By Application Insights

    The health assessments and screenings segment is estimated to witness significant growth during the forecast period. Corporate wellness programs in the US incorporate various elements to promote employee health and productivity. One crucial aspect is the health assessment process, which helps employers identify specific health concerns and needs among their workforce. This assessment is carried out by wellness providers through methods such as health risk assessments, health screenings, and nutrition consultations. Health risk assessments involve evaluating an employee's medical history, current health status, and lifestyle factors to identify potential health risks. Fitness assessments using gym equipment and resistance bands may also be included to evaluate an employee's physical fitness level. Smoking cessation programs and weight management initiatives are other essential service segments of corporate wellness programs.

    In addition, workplace health assessments encompass the evaluation of existing wellness programs, the physical work environment, and organizational policies. Employee surveys and questionnaires help identify behaviors, health concerns, and interests. Additionally, attendance records, injury reports, medical insurance data, and worker claims provide valuable insights for wellness providers to tailor programs to the organization's unique needs. By

  7. Elements included in company wellness programs U.S. 2015-2018

    • statista.com
    Updated Jun 20, 2022
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    Statista (2022). Elements included in company wellness programs U.S. 2015-2018 [Dataset]. https://www.statista.com/statistics/731816/wellness-programs-elements-included-in-us/
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    Dataset updated
    Jun 20, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Aug 2, 2018 - Sep 6, 2018
    Area covered
    United States
    Description

    This survey shows the percentage of employers who stated that select elements were offered in their company's wellness programs in the U.S. from 2015 to 2018. Around 50 percent of wellness programs offered by companies provided employee health screenings as of 2018.

  8. Corporate Wellness Market Analysis North America, Europe, APAC, South...

    • technavio.com
    Updated Feb 23, 2025
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    Technavio (2025). Corporate Wellness Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Canada, UK, China, Germany, France, Japan, India, Italy, South Korea - Size and Forecast 2025-2029 [Dataset]. https://www.technavio.com/report/corporate-wellness-market-industry-analysis
    Explore at:
    Dataset updated
    Feb 23, 2025
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Japan, South Korea, France, Europe, Italy, Germany, Canada, United States, United Kingdom, Global
    Description

    Snapshot img

    Corporate Wellness Market Size 2025-2029

    The corporate wellness market size is forecast to increase by USD 43.76 billion at a CAGR of 10% between 2024 and 2029.

    The market is experiencing significant growth due to several key drivers. The rising cost of healthcare has led companies to prioritize employee health and wellness to mitigate these expenses. Digital therapeutics, such as telehealth and wearable technology, are increasingly being adopted to promote weight management, chronic disease management, and mental health support. Health insurance providers are recognizing the value of corporate wellness programs and offering incentives to companies that implement them. However, poor engagement levels among employees pose a challenge, necessitating innovative solutions to encourage participation and maximize program effectiveness. In summary, the market is witnessing increased demand due to healthcare cost savings, the adoption of digital health solutions, and incentives from health insurance providers, despite the challenge of low employee engagement.
    

    What will be the Size of the Corporate Wellness Market During the Forecast Period?

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    The market encompasses a range of initiatives aimed at promoting employee health and well-being In the workplace. This market responds to growing concerns over employee health risks, including chronic diseases, mental health issues, and stress. Mental health professionals, such as psychiatrists and therapists, play a significant role in addressing the mental health component of corporate wellness. Employee engagement is a key driver of corporate wellness programs, with financial incentives and health risk assessments serving as popular tools to encourage participation. Smoking cessation, fitness programs, health screenings, nutrition & weight management, and stress management are common components of these initiatives.
    Virtual techniques, such as online platforms and telehealth services, have gained traction in recent years, enabling remote workforces to access wellness resources. The market's size and direction reflect the increasing recognition of the importance of employee well-being for organizational success. Factors like job insecurity, discrimination, and work-from-home arrangements contribute to the need for stress relief initiatives and budget-conscious solutions. The market continues to evolve, with a focus on personalized wellness plans and integrated approaches that address the unique needs of diverse workforces.
    

    How is this Corporate Wellness Industry segmented and which is the largest segment?

    The corporate wellness industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    Application
    
      Health assessment
      Nutrition and fitness
      Stress management
      Others
    
    
    Deployment
    
      SMEs
      Large organizations
    
    
    Delivery Mode
    
      Onsite
      Offsite
    
    
    Type
    
      Organizations and employers
      Psychological therapists
      Fitness and nutrition consultants
    
    
    Geography
    
      North America
    
        Canada
        US
    
    
      Europe
    
        Germany
        UK
        France
        Italy
    
    
      APAC
    
        China
        India
        Japan
        South Korea
    
    
      South America
    
    
    
      Middle East and Africa
    

    By Application Insights

    The health assessment segment is estimated to witness significant growth during the forecast period.
    

    Corporate wellness programs prioritize employee health assessments to tailor effective interventions. Providers conduct health assessments through employee surveys, questionnaires, and data analysis of attendance records, injury reports, and medical insurance. These evaluations help identify health risks, chronic conditions, and employee needs. Mental health professionals, including psychiatrists and psychological therapists, are often involved to address mental health concerns. Health risks may include chronic diseases, sedentary lifestyles, and the opioid crisis. Employee engagement is crucial, with financial incentives, health education services, virtual consultation, and virtual care offered. Small organizations can benefit from onsite services and personalized wellness programs. Employee well-being is enhanced through fitness programs, health screening, nutrition & weight management, stress management, and virtual techniques.

    Virtual wellness programs, fitness classes, and online platforms cater to remote work and job insecurity. Employee assistance programs, smoking cessation, biometric screening, and fitness & nutrition consultants further support overall health. Budget constraints call for innovative solutions, such as digital therapeutics and aging workforce initiatives. Employee productivity, absenteeism, attrition, and stress relief initiatives are significant outcomes of effective corporate wellness

  9. Financial Wellness Benefits Market By programs (financial planning,...

    • zionmarketresearch.com
    pdf
    Updated Mar 8, 2025
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    Zion Market Research (2025). Financial Wellness Benefits Market By programs (financial planning, financial education & counseling services, retirement planning, debt management, and others), By delivery type (one-on-one, online, and group), By end user (healthcare, financial services, education, manufacturing, public sector, and others), By industry (large businesses, medium-sized businesses, and small businesses) And By Region: - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts, 2024-2032 [Dataset]. https://www.zionmarketresearch.com/report/financial-wellness-benefits-market
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    pdfAvailable download formats
    Dataset updated
    Mar 8, 2025
    Dataset provided by
    Authors
    Zion Market Research
    License

    https://www.zionmarketresearch.com/privacy-policyhttps://www.zionmarketresearch.com/privacy-policy

    Time period covered
    2022 - 2030
    Area covered
    Global
    Description

    Global Financial Wellness Benefits Market was valued at $2.19 Billion in 2023, and is projected to reach $USD 7.91 Billion by 2032, at a CAGR of 13.7%.

  10. Percentage of U.S. firms offering health/wellness programs by size 2021

    • statista.com
    Updated Nov 16, 2022
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    Statista (2022). Percentage of U.S. firms offering health/wellness programs by size 2021 [Dataset]. https://www.statista.com/statistics/186229/effectiveness-of-disease-management-programs-in-containing-costs/
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    Dataset updated
    Nov 16, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2021 - Jul 2021
    Area covered
    United States
    Description

    This statistic depicts the percentage of public and private U.S. companies which offer select health-related programs to contain health insurance costs as of 2021, sorted by firm size. According to the survey, among all small firms, 58 percent offered at least one wellness programs to help workers stop smoking, to lose weight, or some other behavioral/lifestyle coaching.

  11. Share of U.S. employees who felt their company cared about their wellbeing,...

    • statista.com
    Updated Feb 8, 2024
    + more versions
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    Preeti Vankar (2024). Share of U.S. employees who felt their company cared about their wellbeing, 2010-2023 [Dataset]. https://www.statista.com/topics/3275/workplace-health-and-wellness-in-the-us/
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    Dataset updated
    Feb 8, 2024
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Preeti Vankar
    Description

    A survey from February 1, 2023 found that only 25 percent of employees in the U.S. felt that their organization cared about their wellbeing. This statistic shows the percentage of employees in the United States who felt their organization cared about their wellbeing from 2010 to 2023.

  12. d

    Employee Benefits Survey.

    • datadiscoverystudio.org
    Updated Jun 1, 2017
    + more versions
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    (2017). Employee Benefits Survey. [Dataset]. http://datadiscoverystudio.org/geoportal/rest/metadata/item/f20da60cfa6640cea6fefd3c7d87cbf3/html
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    Dataset updated
    Jun 1, 2017
    Description

    description: The Employee Benefits Survey (EBS) is an annual survey of the incidence and provisions of selected benefits provided by employers. The survey collects data from a sample of approximately 6,000 private sector and State and local government establishments. The data are presented as a percentage of employees who participate in a certain benefit, or as an average benefit provision (for example, the average number of paid holidays provided to employees per year). The survey covers paid leave benefits such as holidays and vacations, and person, funeral, jury duty, military, parental, and sick leave; sickness and accident, long-term disability, and life insurance; medical, dental, and vision care plans; defined benefit pension and defined contribution plans; flexible benefits plans; reimbursement accounts; and unpaid parental leave. Also, data are tabulated on the incidence of several other benefits, such as severance pay, child-care assistance, wellness programs, and employee assistance programs.; abstract: The Employee Benefits Survey (EBS) is an annual survey of the incidence and provisions of selected benefits provided by employers. The survey collects data from a sample of approximately 6,000 private sector and State and local government establishments. The data are presented as a percentage of employees who participate in a certain benefit, or as an average benefit provision (for example, the average number of paid holidays provided to employees per year). The survey covers paid leave benefits such as holidays and vacations, and person, funeral, jury duty, military, parental, and sick leave; sickness and accident, long-term disability, and life insurance; medical, dental, and vision care plans; defined benefit pension and defined contribution plans; flexible benefits plans; reimbursement accounts; and unpaid parental leave. Also, data are tabulated on the incidence of several other benefits, such as severance pay, child-care assistance, wellness programs, and employee assistance programs.

  13. D

    Benefits Management Platform Market Research Report 2032

    • dataintelo.com
    csv, pdf, pptx
    Updated Jan 7, 2025
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    Dataintelo (2025). Benefits Management Platform Market Research Report 2032 [Dataset]. https://dataintelo.com/report/benefits-management-platform-market
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    pdf, csv, pptxAvailable download formats
    Dataset updated
    Jan 7, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Benefits Management Platform Market Outlook



    The global benefits management platform market size was valued at USD 1.5 billion in 2023 and is projected to reach USD 3.8 billion by 2032, growing at a CAGR of 10.5% during the forecast period. The market's growth is driven by increasing adoption of digital solutions for managing employee benefits, rising demand for automated and streamlined processes, and the growing complexity of benefits packages offered by organizations.



    A significant growth factor in the benefits management platform market is the increasing complexity of employee benefits packages. As organizations strive to attract and retain top talent, they are offering more comprehensive and diverse benefits packages, including health insurance, retirement plans, wellness programs, and more. Managing these packages manually can be cumbersome and prone to errors, necessitating the adoption of automated and integrated benefits management platforms. These platforms provide a centralized system that helps employers efficiently manage, track, and communicate benefits, thus enhancing employee satisfaction and reducing administrative burdens.



    Another critical growth factor is the rising need for compliance with regulatory requirements related to employee benefits. Governments worldwide have implemented stringent regulations to ensure fair and equitable benefits for employees. Compliance with these regulations requires meticulous record-keeping and timely reporting, which can be challenging for organizations without the right tools. Benefits management platforms offer features that help organizations stay compliant by automating compliance-related tasks, generating accurate reports, and ensuring timely submissions. This reduces the risk of penalties and audits, providing organizations with peace of mind and enabling them to focus on their core operations.



    The increasing adoption of cloud-based solutions is also propelling the growth of the benefits management platform market. Cloud-based platforms offer several advantages, including scalability, flexibility, and cost-effectiveness. They allow organizations to access benefits management tools and data from anywhere, at any time, facilitating remote work and collaboration. Additionally, cloud-based platforms eliminate the need for extensive IT infrastructure and reduce maintenance costs, making them an attractive option for small and medium enterprises (SMEs) with limited resources. The shift towards cloud-based solutions is expected to continue, driving the demand for benefits management platforms.



    In the realm of employee benefits management, Benefits Administration Software has emerged as a pivotal tool for organizations aiming to streamline their processes. This software simplifies the complex task of managing diverse benefits packages, offering a centralized platform for enrollment, tracking, and compliance. By automating these processes, organizations can reduce administrative burdens and minimize errors, leading to increased efficiency and employee satisfaction. Moreover, Benefits Administration Software provides valuable insights through data analytics, enabling companies to tailor their benefits offerings to meet the specific needs of their workforce. As a result, organizations can enhance their competitive edge by attracting and retaining top talent, all while ensuring compliance with regulatory requirements.



    Regionally, North America holds the largest share of the benefits management platform market, driven by the presence of numerous large enterprises, advanced technological infrastructure, and a high level of awareness regarding the benefits of automated solutions. However, the Asia Pacific region is anticipated to witness the highest growth rate during the forecast period. Factors such as rapid economic development, increasing adoption of digital technologies, and a growing number of SMEs are contributing to the market's expansion in this region. Europe is also expected to experience significant growth due to the stringent regulatory environment and the rising focus on employee well-being.



    Component Analysis



    The benefits management platform market is segmented by component into software and services. The software segment encompasses various modules and applications that facilitate the management of employee benefits. These include tools for enrollment, tracking, compliance, and reporting. The software segment is expected to dominate the market due to the incre

  14. Share of U.S. workers with self-funded health insurance plans 2023, by firm...

    • statista.com
    Updated Feb 8, 2024
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    Preeti Vankar (2024). Share of U.S. workers with self-funded health insurance plans 2023, by firm size [Dataset]. https://www.statista.com/topics/3275/workplace-health-and-wellness-in-the-us/
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    Dataset updated
    Feb 8, 2024
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Preeti Vankar
    Description

    According to the data, among large firms, 83 percent of workers were covered by self-funded insurance plans in 2023. This statistic depicts the percentage of workers covered by self-funded health insurance plans in the U.S. as of 2023, by firm size.

  15. Employee Benefits Administration Software Market By Deployment Model...

    • verifiedmarketresearch.com
    Updated Aug 15, 2024
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    VERIFIED MARKET RESEARCH (2024). Employee Benefits Administration Software Market By Deployment Model (On-Premises, Cloud-based), Benefit Type (Health Insurance, Retirement Plans), Organization Size (Small and Medium-sized Enterprises (SMEs), Large Enterprises), & Region for 2024-2031 [Dataset]. https://www.verifiedmarketresearch.com/product/employee-benefits-administration-software-market/
    Explore at:
    Dataset updated
    Aug 15, 2024
    Dataset provided by
    Verified Market Researchhttps://www.verifiedmarketresearch.com/
    Authors
    VERIFIED MARKET RESEARCH
    License

    https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/

    Time period covered
    2024 - 2031
    Area covered
    Global
    Description

    Employee Benefits Administration Software Market size was valued at USD 914.31 Million in 2024 and is projected to reach USD 1575.67 Million by 2031, growing at a CAGR of 7.04% during the forecast period 2024 to 2031.

    Global Employee Benefits Administration Software Market Drivers

    The market drivers for the Employee Benefits Administration Software Market can be influenced by various factors. These may include:

    Growing Adoption of Cloud-based Solutions: Companies are moving more and more toward cloud-based solutions for employee benefits administration as they pursue agility and scalability. Comparing cloud-based software versus on-premises solutions reveals that the former is more affordable, flexible, and accessible.
    Increasing Attention to Worker Welfare Companies are realizing how crucial it is to offer extensive benefits packages in order to draw in and keep top talent. With the use of employee benefits administration software, businesses may provide a variety of perks to their workforce, including wellness initiatives, retirement plans, and healthcare, which improves worker happiness and wellbeing.
    Increasing Compliance Requirements: New rules and regulations pertaining to employee benefits are frequently implemented, resulting in a continually changing regulatory landscape. Employee benefits administration software automates tasks like enrollment, reporting, and compliance tracking, assisting businesses in adhering to complicated regulatory standards.
    Demand for Integrated HR Solutions: Companies are looking for integrated HR solutions to help them manage payroll, performance reviews, and benefit administration, among other HR-related tasks. Software for managing employee benefits administration that easily connects with other HR systems gives businesses a single platform to handle every facet of human resource management.
    Emphasis on Cost Optimization: Businesses are searching for methods to reduce expenses without sacrificing the quality of benefits they provide to employees in a highly competitive business climate. Software for employee benefits administration assists companies in streamlining administrative procedures, decreasing human error, and lowering overhead related to benefits management.
    Changing Workforce Dynamics: Employees in the modern workforce work remotely or on flexible hours, making them more diversified and dispersed. Self-service portals and mobile access are two elements that employee benefits administration software delivers to meet the needs of a scattered workforce and let employees administer their benefits from anywhere at any time.
    Putting Data-driven Decision-Making First: Employers are using data analytics to learn more about the preferences, usage trends, and general satisfaction with the benefits of their workforce. Strong reporting and analytics features in employee benefits administration software enable businesses to make data-driven decisions that maximize benefit packages and raise employee engagement.

  16. Corporate wellness market size worldwide 2033

    • statista.com
    Updated Aug 19, 2024
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    Statista (2024). Corporate wellness market size worldwide 2033 [Dataset]. https://www.statista.com/statistics/253331/revenue-of-the-us-employee-wellness-market/
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    Dataset updated
    Aug 19, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2022
    Area covered
    Worldwide
    Description

    Corporate wellness has become a big industry worldwide, with employers looking to keep their workforce healthy, happy, and motivated. This could range from corporate fitness programs to healthy eating initiatives and creating a healthier working environment in the office. The size of the global corporate wellness market was expected to grow to 146.6 billion U.S. dollars by 2027, an annual increase of almost seven percent on the figure from 2022. How accessible is workplace wellness worldwide? In 2022, the global workplace wellness market was estimated to be valued at over 50 billion U.S. dollars. North America dominated the market, followed by Europe, which trailed by 1.1 billion U.S. dollars in spending. Additionally, nearly 50 percent of employed workers in North America had access to workplace wellness programs in 2022, a significantly higher percentage compared to workers in Europe and the Middle East and North Africa. How popular are fitness facilities in the United States? Since 2020, there has been a decline in the number of fitness facilities in the United States, with approximately 10.3 thousand fewer facilities in 2022 compared to 2019, likely due to the impact of the coronavirus (COVID-19) pandemic. Among the leading fitness chains in the United States, Planet Fitness emerged as the most popular among gym-goers, with almost 50 percent of gym members reporting visits to one of its chains as of the first quarter of 2023.

  17. c

    Employee Benefits in Medium and Large Firms, 1989

    • archive.ciser.cornell.edu
    Updated Feb 11, 2020
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    Bureau of Labor Statistics (2020). Employee Benefits in Medium and Large Firms, 1989 [Dataset]. http://doi.org/10.6077/j5/n03dev
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    Dataset updated
    Feb 11, 2020
    Dataset authored and provided by
    Bureau of Labor Statistics
    Variables measured
    Organization
    Description

    This study contains data on employee work schedules and characteristics of employee benefits paid for, at least in part, by the employer. These benefits include lunch and rest periods, holidays, vacations, and personal, funeral, jury-duty, military parental, and sick leave; sickness and accident, long-term disability, and life insurance; health and dental care, and private retirement/capital accumulation plans. Information was also collected on receipt of several other benefits, including severance pay, subsidized parking, financial counseling, child care assistance, wellness programs, employee assistance programs, and educational assistance. In addition, information was obtained on flexible benefits plans, reimbursement accounts, and unpaid parental leave. (Source: Bureau of Labor Statistics Bulletin 2363, June 1990)

  18. U.S. share of corporate wellness program purchases in COVID-19 2020, by type...

    • statista.com
    Updated Jul 5, 2024
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    U.S. share of corporate wellness program purchases in COVID-19 2020, by type [Dataset]. https://www.statista.com/statistics/1264324/us-share-wellness-solution-program-purchases-covid-19-pandemic/
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    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Nov 19, 2020
    Area covered
    United States
    Description

    In a November 2020 survey of benefit consultants in the United States, it was shown that 55.81 percent of companies were not buying sleep management wellbeing solutions during the COVID-19 pandemic. Around 65.12 percent of companies were buying and implementing Employee Assistance Programs (EAP) during the same period.

  19. Benefits Administration Service Market Analysis North America, Europe, APAC,...

    • technavio.com
    Updated Jul 15, 2024
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    Technavio (2024). Benefits Administration Service Market Analysis North America, Europe, APAC, Middle East and Africa, South America - US, China, UK, Germany, India, Canada - Size and Forecast 2024-2028 [Dataset]. https://www.technavio.com/report/benefits-administration-service-market-industry-analysis
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    Dataset updated
    Jul 15, 2024
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    United Kingdom, United States, Global
    Description

    Snapshot img

    Benefits Administration Service Market Size 2024-2028

    The benefits administration service market size is forecast to increase by USD 144.7 billion at a CAGR of 3.09% between 2023 and 2028. The market is witnessing significant growth due to the increasing importance of HR systems and HRIS in managing employee benefits. Compliance requirements and administrative tasks continue to be a challenge for organizations, leading to a high administrative overhead and potential for manual errors. To address these issues, there is a growing trend towards streamlining processes through automation. Customization options in HR systems enable employee happiness and engagement, making it essential for businesses to adopt advanced solutions. Despite the benefits, the high cost of software acquisition and implementation remains a barrier for some organizations. In summary, the market is driven by the need for efficient benefits administration, increasing business process automation, and employee satisfaction, while challenges include cost and compliance complexities.

    What will be the Size of the Market During the Forecast Period?

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    Employee benefits administration refers to the process of managing and overseeing various benefits programs offered by businesses to their employees. These programs include health insurance, retirement plans, wellness initiatives, and other employee benefit management solutions. The effective administration of these programs is crucial for maintaining positive employee-management relations and ensuring HR-related tasks are handled efficiently. The importance of employee benefits administration services lies in their ability to streamline HR processes, improve communication, and ensure compliance with various regulations. By implementing advanced software platforms, businesses can automate eligibility management, plan customization, and compliance tracking.

    Market Segmentation

    The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

    Service Type
    
      Core benefits administration
      Ancillary benefits administration
      Integrated benefits administration
    
    
    End-user
    
      Employers
      Insurance companies
      Government agencies
      Third-party administrators (TPAs)
      Brokers and consultants
    
    
    Geography
    
      North America
    
        Canada
        US
    
    
      Europe
    
        Germany
        UK
        Italy
    
    
      APAC
    
        China
        India
        Japan
    
    
      Middle East and Africa
    
        South Africa
    
    
      South America
    
        Brazil
    

    By Service Type Insights

    The core benefits administration segment is estimated to witness significant growth during the forecast period.In the market, the health insurance segment plays a pivotal role, enabling organizations to effectively manage healthcare benefits for their employees on a global scale. The demand for comprehensive benefits administration solutions is on the rise, as companies and insurance providers aim to simplify the enrollment and management process for health insurance plans. Integrated platforms are becoming increasingly popular, offering features such as decision support tools, personalized health insurance recommendations, and easy access to crucial information to help individuals make informed choices regarding their coverage. These platforms provide employers with control over security and patch management, ensuring the protection of sensitive data.

    Customization options cater to the unique needs of small agencies and businesses, making it a long-term investment for efficient HR-related tasks and employee-management relations. Access to these services is available on a regular basis, ensuring the smooth running of benefits administration processes.

    Get a glance at the market share of various segments Request Free Sample

    The Core benefits administration segment accounted for USD 385.10 billion in 2018 and showed a gradual increase during the forecast period.

    Regional Insights

    North America is estimated to contribute 29% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

    For more insights on the market share of various regions Request Free Sample

    In North America, the employee benefit administration market holds significant significance due to the increasing digitalization trend and the increasing demand for cost-effective solutions. Companies are increasingly adopting cloud-based benefits administration systems to streamline their workforce management and foster growth and profitability. The employment rate in North America, especially in the US, is on the rise, leading to a higher need for benefits administration services to manage the workforce efficiently. These

  20. Online Fitness Course Market Analysis North America, Europe, APAC, South...

    • technavio.com
    Updated Sep 11, 2024
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    Technavio (2024). Online Fitness Course Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, UK, Germany, China, Canada, France, India, Japan, Italy, South Korea - Size and Forecast 2024-2028 [Dataset]. https://www.technavio.com/report/online-fitness-course-market-industry-analysis
    Explore at:
    Dataset updated
    Sep 11, 2024
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Global, Canada, United States, United Kingdom
    Description

    Snapshot img

    Online Fitness Course Market Size 2024-2028

    The online fitness course market size is forecast to increase by USD 26.46 billion at a CAGR of 16.92% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. The increasing awareness of the benefits of maintaining a healthy lifestyle is leading more individuals to seek flexible workout options that fit their schedules. Live video content provides real-time engagement and interaction with fitness instructors, enhancing the virtual fitness experience. Diverse workout options catering to various fitness levels and preferences are also attracting a wider audience. Corporate wellness programs integrating virtual fitness stations offer employers cost-effective solutions for employee health and productivity. However, privacy concerns and the need for individual fitness plans require platforms to ensure secure data handling and customized workout recommendations. Group sessions and personalized workouts offer social connection and individualized attention, respectively. The integration of Virtual Reality (VR) and Augmented Reality (AR) technology in online fitness courses adds an engaging element to the user experience. Despite the high cost of some online fitness courses, the market is expected to continue growing as consumers prioritize their health and wellness.

    What will be the Size of the Market During the Forecast Period?

    Request Free Sample

    In today's fast-paced world, maintaining a healthy lifestyle has become a top priority for individuals. Traditional gym workouts and in-person fitness classes may not always fit into busy schedules, leading to a growing demand for virtual fitness solutions. Online fitness courses offer convenience, flexibility, and accessibility, making it easier for people to engage in advanced fitness sessions from the comfort of their homes. The health and wellness industry has seen a significant shift towards digital platforms, with fitness apps, training videos, and wearable technology becoming increasingly popular.

    Also, these solutions cater to the health consciousness of millennials and offer a more flexible approach to fitness. Health insurance providers are also recognizing the importance of online fitness solutions and are offering incentives to policyholders who incorporate these services into their routines. Augmented reality technology is revolutionizing the online fitness industry by providing engaging workout experiences. Virtual fitness competitions and live video classes offer a sense of community and engagement, keeping users motivated and committed to their fitness goals. Online instructors provide personalized training and feedback, ensuring that each workout is effective and safe. Remote workouts offer a convenient alternative to in-person workouts, allowing individuals to maintain their fitness routines even when traveling or working from home.

    Further, balanced diets and mental health are essential components of a healthy lifestyle, and online fitness solutions provide access to resources and tools to help users make informed decisions about their nutrition and mental well-being. Fitness executives predict that online fitness solutions will continue to gain popularity, with live video content becoming a staple in the industry. The accessibility of these services allows individuals to prioritize their health and wellness, regardless of location or schedule. As technology continues to advance, we can expect to see even more innovative online fitness solutions that cater to the unique needs and preferences of users.

    In conclusion, the online fitness industry is poised for growth, offering a convenient and accessible alternative to traditional fitness solutions. With the increasing popularity of fitness apps, training videos, and wearable technology, it is clear that virtual fitness is here to stay. By prioritizing health consciousness and offering flexible and engaging workouts, online fitness solutions are helping individuals maintain a healthy lifestyle, no matter where they are or what their schedule looks like.

    Market Segmentation

    The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

    Type
    
      On-demand courses
      Live classes
      Hybrid courses
    
    
    Revenue Stream
    
      Subscription-based
      Freemium
      One-time purchase
      Pay-per-class
    
    
    Geography
    
      North America
    
        Canada
        US
    
    
      Europe
    
        Germany
        UK
    
    
      APAC
    
        China
    
    
      South America
    
    
    
      Middle East and Africa
    

    By Type Insights

    The on-demand courses segment is estimated to witness significant growth during the forecast period. The on-demand segment of The market has revolutionized how individuals approach fitness education and training. This sec

Share
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Preeti Vankar (2024). Employees who had access to dental care benefits in the U.S. in 2023, by sector [Dataset]. https://www.statista.com/topics/3275/workplace-health-and-wellness-in-the-us/
Organization logo

Employees who had access to dental care benefits in the U.S. in 2023, by sector

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2 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Feb 8, 2024
Dataset provided by
Statistahttp://statista.com/
Authors
Preeti Vankar
Description

In 2023, 41 percent of employees working for private industries in the United States had access to dental care benefits through an employer-sponsored healthcare plan. While around two-thirds of state government workers had access to dental care benefits. This statistic illustrates the share of employees who had access to dental care through employer-sponsored benefits plan in the U.S. in 2023, by type of workers.

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