Page 50 - 2020 Peel & Holland Benchmarking Survey Results
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Supporting Employees
by Embracing a Model
of Holistic Well-Being
The traditional approach to employee well-being primarily focuses on supporting
employees’ physical health with medical coverage, and to some extent, financial health
through retirement benefits. Additionally, benefits packages and HR programs are
often designed reactively, fixing one problem at a time but failing to make a broader
impact on employees or their organizations.
The reason this approach has a limited impact is because it fails to account for broader
aspects of well-being, including mental, social, financial and physical health.
These elements are interconnected and work together to support employee well-being.
With this in mind, a model of holistic well-being can help employers shape programs
and benefit plans that address all aspects of employees’ well-being.
MENTAL HEALTH FINANCIAL HEALTH SOCIAL HEALTH PHYSICAL HEALTH
Condition of State of personal Ability to form Level of illness, injury
psychological and and family financial satisfying and general lifestyle
emotional well-being security interpersonal
relationships with
others
MetLife Employee Benefits Trends Study, 2020
48 PEEL & HOLLAND | 2018 Western Kentucky Employee Benefits Benchmarking Survey Results