Published online by Cambridge University Press: 20 August 2025
Introduction
The greatest wealth is health.
(Virgil, quoted in Ivanov, Sharman and Rao, 2015)
In the wake of the COVID-19 pandemic, Deloitte examined the changing nature of wellbeing in the corporate world (Lewis et al., 2022). This report significantly reshaped our understanding of wellbeing, urging businesses to re-evaluate its definition and implementation in today's workplace. It raises essential questions about how wellbeing is perceived and addressed in our offices, the methods used to gauge its presence and impact, the necessity for organisations to invest in wellbeing and the best ways to incorporate it into the corporate structure.
The insights are enriched by a comprehensive survey conducted alongside the Institute of Directors (IoD) and International Institute of Risk & Safety Management (IIRSM) (Lewis et al., 2022), which includes responses from over 30,000 directors and risk managers. A notable finding from this survey is that 50% of respondents observed improved business performance when wellbeing was prioritised. The report reveals key points, highlighting that 67% of directors consider mental and emotional health crucial in discussions about wellbeing. It also emphasises the need for a strategic shift from reactive to proactive approaches, fostering work environments that are both empowering and flexible.
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