Bupa Global launched its third annual Executive Wellbeing Index on 23 November 2022. This year's report takes stock of the current landscape and challenges facing executives around the world, and the trends which will impact business and the rest of society.
The new Index analyses research among over 2400 wealth creators and business leaders across eight countries and regions, including the UK, U.S., France, UAE, Egypt, Hong Kong and Singapore.
A word from Carlos Jaureguizar, CEO, Bupa Global and UK
As we enter the third year of the Bupa Global Executive Wellbeing Index, it’s been fascinating to look back and see how the changes and challenges we’ve identified have played out over the past year. And there have been unexpected developments, too.
Economic turbulence, leaps and bounds in technology, globalisation, and navigating a worldwide pandemic which still casts a shadow have all contributed to the complexity of the way the world does business, in a post-Covid landscape.
Our latest Index gives us some insight into the minds of senior leaders and wealth creators globally, highlighting new trends and business practices for the year ahead.
It once again allows us to identify where Bupa can provide physical and mental support, helping us fulfil our purpose of helping people live longer, healthier, happier lives and making a better world.
Key findings from the Index
Health and wellbeing
- 89% have experienced symptoms of mental health in the last 12 months - up from 77% in 2021.
- Rising cost of living and work-life balance are the biggest day-to-day worries for board directors.
- Almost half (47%) of businesses say employee mental health and wellbeing is their number one priority over the next year.
Ways of working
- Over half (53%) of global leaders plan major career changes to improve work-life balance.
- 42% believe hybrid working benefits their company.
- Almost half said their company was planning to hire talent from around the world in the next year.
- Nearly half (47%) of board directors plan to improve their employee benefits packages in the next year.
- More than two thirds (68%) of plan to purchase private medical insurance for themselves or their family.
- Almost one in five (17%) expect greater cover for mental health support from a medical insurance plan.