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AIA Names Advice Firm as Healthiest Employer

A Sydney financial advice business has been named as one of Australia’s healthiest workplaces as part of annual survey conducted by AIA Australia.

AIA Australia & NZ CEO, Damien Mu

The life insurer named Announcer as Australia’s Healthiest Workplace in the small organisation category of the 2018 Healthiest Workplace Survey conducted by AIA Vitality, the health and wellness program offered by AIA Australia.

Announcer, which is part of the Infocus group, was also named as the Australia’s Healthiest Employer and having Australia’s Healthiest Employees, in the same category as above.

Legal firm Ashurst was named a winner in all three areas in the large organisation category and superannuation fund CSC was named the winner for Healthiest Workplace and Healthies Employer in the medium organisation category.

The survey, which is in its second year in Australia, surveyed 36 employers and nearly 3000 employees and examined employee lifestyle, clinical indicators, stress and mental health, to understand the associated impact on wellbeing and productivity.

As part of the survey, AIA Vitality found that nearly 16 percent of Australians are exceeding national alcohol consumption guidelines and 54.1 percent are not eating a healthy diet, while 26.9 percent of employees were sleeping less than 7 hours per night.

The life insurer stated that based on the responses to the survey, absenteeism and presenteeism resulted in about 52 days of lost productivity per employee per year, at a potential cost of $11 million per participating businesses.

AIA Australia and New Zealand Chief Executive, Damien Mu said the promotion of employee health was important for companies of all sizes and corporate Australia had a leading role in addressing issues of wellbeing in the workplace.

“In the long-term, organisations that take positive steps to identify and address risks to employee health will undoubtedly improve business performance through boosting the engagement and productivity of their workforce,” he said.