SlideShare une entreprise Scribd logo
1  sur  10
Télécharger pour lire hors ligne
The cost of being unhealthy
RedSeer perspective on productivity loss due to lifestyle choices.
Overall Productivity Loss? 04
No. of Employee at Immediate Risk? 05
Share of Affected Employees 06
Key Risk Factors? 07
Most Affected Age Group? 08
Productivity Loss by Risk Factors to Age Groups? 09
% of Employees at Risk? 10
Risk Factors across Age Groups? 11
Methodology 12
Assessment Framework 14
Framework for Assessment of Cost 15

TABLE OF
CONTENTS
The cost of being unhealthy
RedSeer perspective on productivity
loss due to lifestyle choices.
3
Overall
Productivity Loss?
Productivity loss due to health
and lifestyle habits of employees
cost ~INR 24,000 Cr every year
to IT industry in Bangalore…
Cost to IT industry in Bangalore due to Productivity Loss
No. of Employee at
Immediate Risk?
Almost 22% of the employees
in overall IT industry in
Bangalore are at immediate
risk of productivity loss due to
poor health and lifestyle…
Distribution of Health Score of Overall IT Industry in Bangalore
of overall employee in the
IT industry in Bangalore
are at immediate risk of
productivity loss due to poor
health and lifestyle
1. Health score is the weighted health score of employees on various risk factors i.e. Physical Inactivity, Emotional & Mental Health, Poor Diet, Physical Health and
Substance Abuse
2. Health score is defined on a scale of 1-5 wherein, 1 indicates worst health score and 5 indicates best health score
3. Employees with weighted health score less than or equal to 3 are considered as employees at risk of productivity loss
IT Industry in
Bangalore
1 2 3 4 5
1.5 2.5 3.5 4.5
7% of IT Revenue
in Bangalore
(USD 3.5 Bn)
Share of
Bangalore
in IT Revenue
Share
of other
cities in IT
Revenue
in India
IT Revenue
in India
Share of Bangalore
in IT Revenue
in India
Cost of IT Industry
in Bangalore due to
Productivity Loss
30%
70%
USD
165
Bn
INR 24,000 Cr
Loss annually
~22%
5
4
Share of Affected
Employees
More than 80% of
employees are at risk on at
least one risk factor
% of Employee at Risk on various Risk Factors
Atleast
1 Risk Factor
Atleast
2 Risk Factor
Atleast
3 Risk Factor
Atleast
4 Risk Factor
Poor Diet,
Physical Inactivity,
Substance Abuse,
Emotional &
Mental Health and
Physical Health
are the 5 risk
factors
Key Risk Factors?
Physical inactivity and
emotional & mental health of
employees are major factors
for the cost to industry due to
productivity lost
Cost to IT Industry in Bangalore due to Productivity
Loss by Risk Factors (% of total cost)
% indicates share of various risk factors in overall cost to IT
industry in Bangalore due to productivity loss
% of employee at risk for a particular risk factor is calculated from total number of employee with score less than 3 for physical inactivity and Emotional &
Mental health, while less than or equal to 3 for poor diet and physical health and score less than or equal to 4 for Substance abuse
Physical
Inactivity
Overall Cost to
IT industry in
Bangalore due to
Productivity Loss
Physical
Inactivity
Physical
Health
Substance
Abuse
Poor
Diet
Emotional
and Mental
Health
25%
23%
21%
18%
13%
INR. 24,000 Cr
Loss annually
83%
50%
23%
8%
7
6
Most Affected Age Group?
Mid-age group employees are contributing to major
share of cost to the industry
Cost to IT Industry in Bangalore due to Productivity
Loss by Age Groups (% of total cost)
Productivity Loss
by Risk Factors to
Age Groups?
Mid age employees has higher
contribution in productivity
loss due to physical inactivity
and physical, emotional &
mental health
20-30 years
40+ years
30-40 years
29%
29%
42%
• Employees in the age group of 30-40 years of age
constitute 35% of the total workforce in IT industry
and contributes to 42% of overall cost resulting from
productivity loss
• However, younger employees in the age group of 20-30
years of age constitute 50% of the total workforce and
contributes to ~29% of the cost due to lower billing
rates as compared to employees with higher experience
% of overall cost to IT industry in Bangalore due to various risk factors
% split of cost due to a particular risk factor across various age groups
Cost to IT Industry in Bangalore due to Productivity
Loss by Risk Factors and Age Groups
Physical
Inactivity
Emotional &
Mental Health
Physical
Health
Poor Diet Substance
Abuse
23% 26% 30% 30%
44% 41%
50% 33% 40%
33%
33%
33%
23%
20%
21%
29%
18%
30%
13%
20-30
years
30-40
years
40+
years
XX %
XX %
50%
38%
9
8
Risk Factors across
Age Groups?
Younger professionals have
a higher risk from Poor Diet
while Mid-age group has a
higher risk from Physical
Health
While younger employees are
more prone to risk of productivity
loss due to poor diet and
substance abuse
Percentage of employees at risk
of productivity loss due to physical
inactivity and emotional health
increases with age
% of Employees
at Risk?
% of Employees at
Risk due to various
Risk Factors
% of Employee at Risk on various Risk Factors
Physical
Inactivity
Emotional &
Mental Health
Physical
Health
Poor Diet Substance
Abuse
83%
50%
59%
33%
40%
30%
54%
30%
39%
43%
30%
23% 23%
19%
35%
20%
16% 18%17%
69% 67%
8% 8% 8%
25%
Highest number of employees are at
risk of productivity loss due to physical
inactivity and emotional instability.
While these two risk may not result
in sick leave but it leads to loss of
productivity while at work
% of Employees at Risk due to various Risk Factors across Age Groups
Physical
Inactivity
Emotional &
Mental Health
Physical
Health
Poor Diet Substance
Abuse
20-30
years
30-40
years
40+
years
17%
XX%
XX%
XX%
62% 26%
35% 25% 17%
25%
26%
35%
62%
% Risk* employees – By Risk Factors
Average % of employee at risk at due
to various risk factors
Average % of employee at risk across
age groups due to various risk factors
Highest % of employee at risk for a particular risk factor
Least % of employee at risk for a particular risk factor
Industry average % of employee at risk for a particular risk factor
% of employee at risk for a particular risk factor is calculated from total number of employee with score less than 3 for physical inactivity and Emotional &
Mental health, while less than or equal to 3 for poor diet and physical health and score less than or equal to 4 for Substance abuse
* % of employee at risk for a particular risk factor is calculated from total number of employee with score less than 3 for physical inactivity and Emotional &
Mental health, while less than or equal to 3 for poor diet and physical health and score less than or equal to 4 for Substance abuse
11
10
Methodology
RedSeer has interviewed
500+ employees across
10 IT companies in Bangalore
Total No. of Respondents interviewed: 500+
26%
18%
45%
37%
20-30 years
40+ years
30-40 years
74%
Male
Female
Split by Gender Split by Age Groups
13
Assessment
Framework
Assessment of overall
health score of employee
due to combined effect of
various risk factors
Health Score Risk Factors Description Weightage
Overall Health
Score
Poor Diet Unhealthy eating habits such as eating too much junk
food and eating less of fruits
22%
Physical Inactivity Lack of regular physical activity such as exercise,
running, playing sports, walking etc.
22%
Emotional & Mental
Health
Lack of proper sleep and meditation resulting in
emotional and mental stress
22%
Physical Health Prevalence of lifestyle diseases and falling sick frequently 22%
Employees with weighted health
score less than or equal to 3 are
considered as employees at risk
Health score of employees have
been defined on a scale of 1-5
wherein, 1 indicates worst health
score and 5 indicates best health
score
Weighted average score of
employee across various risk
factors is calculated to assess the
overall health score of individual
employees
Secondary
Research Corporate
Interaction
Cost to organization due to following risk factors
Employee Survey
Employee Survey Secondary Research
Corporate Interaction
Framework for
Assessment of Cost
Assessment of cost
to company due to
productivity loss from
various risk factors
RedSeer has calculated the cost to organization for each risk factor taking
number of employees at risk due to particular risk factor and productivity
loss due to that risk factor
RedSeer has calculated the overall cost to organization by taking summation
of cost to organization due to various risk factors
Cost to
Organization
due to a
particular risk
factor
Overall Cost to
Organization
due to
productivity
loss
Number of
Employees
in the
Organization
Poor Diet
% of Employee
at risk due to
particular risk
factor
Physical
Inactivity
% of
productivity
loss due to
Absenteeism
and
Presenteeism
Emotional
& Mental
Health
Billing
Rate of
Employees
Substance
Abuse
Physical
Health
=
=
Σ
X X X
15
14
Authors Disclaimer
Ujjwal is an Associate Director at RedSeer. He is a big believer in the power of
technology to disrupt the status quo. He specializes in due-diligences especially in the
consumer internet space. Prior to joining RedSeer, Ujjwal co-founded and exited a
healthcare start-up. He can be can reached at ujjwal@ redseerconsulting.com.
He is an IIT Delhi alumnus
Saurav is a Consultant with RedSeer and has 5+ years of experience in strategy
creation in retail, cpg and ecommerce. He has an extensive experience in Business
Consulting and has worked with brands and funds across the value chain.
He is an IIM Calcutta alumnus
Saurabh has 2.5+ years of experience in Consumer Internet, Retail, E-tailing Industry,
etc. and has worked with major E-tailing, VC and PE firms in the E-commerce industry.
He can be reached at Saurabh@redseer.com
He is an RTU Alumnus
Ujjwal Chaudhry
Associate Director
ujjwal@redseerconsulting.com
Saurav Kumar Chachan
Consultant
saurav@redseerconsulting.com
Saurabh Joshi
Business Analyst
saurabh@redseerconsulting.com
While we have made every attempt to ensure that the information contained in this report has been obtained
from reliable sources, Redseer consulting is not responsible for any errors or omissions, or for the results
obtained from the use of this information. All information in this report is provided “as is”, with no guarantee
of completeness, accuracy, timeliness or of the results obtained from the use of this information, and
without warranty of any kind, express or implied, including, but not limited to warranties of performance,
merchantability and fitness for a particular purpose. Nothing herein shall to any extent substitute for the
independent investigations and the sound technical and business judgment of the reader. In no event will
Redseer Consulting or its partners, employees or agents, be liable to you or anyone else for any decision
made or action taken in reliance on the information in this report or for any consequential, special or similar
damages, even if advised of the possibility of such damages.
The information contained in this report is intended solely to provide general guidance on matters of interest
for the personal use of the reader, who accepts full responsibility for its use. The application and impact
of laws can vary widely based on the specific facts involved. Given the changing nature of laws, rules and
regulations, and the inherent hazards of electronic communication, there may be delays, omissions or
inaccuracies in information contained in this report. Accordingly, the information on this report is provided with
the understanding that the authors and publishers are not herein engaged in rendering legal, accounting, tax,
or other professional advice or services. As such, it should not be used as a substitute for consultation with
professional advisers.
17
16
Flexible in Approach, Firm on Results
© 2019 RedSeer Consulting Confidential and Proprietary Information
www.redseerconsulting.com | Query@redseerconsulting.com
Bangalore I Mumbai I New Delhi I Dubai I New York | Singapore
Thank You!
query@redseerconsulting.com

Contenu connexe

Similaire à The Cost Of Being Unhealthy-RedSeer Perspective On Productivity Loss Due To Lifestyle Choices

HWI Presentation PP Final
HWI Presentation PP FinalHWI Presentation PP Final
HWI Presentation PP Final
Connor Ruby
 
Corporate preventive Health Care
Corporate preventive Health CareCorporate preventive Health Care
Corporate preventive Health Care
Shivrudra T
 
2013 health care reform survey results
2013 health care reform survey results2013 health care reform survey results
2013 health care reform survey results
Timothy M. Durso, RHU
 
2013 benefit strategies health-care
2013 benefit strategies health-care2013 benefit strategies health-care
2013 benefit strategies health-care
shrm
 

Similaire à The Cost Of Being Unhealthy-RedSeer Perspective On Productivity Loss Due To Lifestyle Choices (20)

Income Replacement and Data Analytics: Retirement Planning for the Future
Income Replacement and Data Analytics: Retirement Planning for the FutureIncome Replacement and Data Analytics: Retirement Planning for the Future
Income Replacement and Data Analytics: Retirement Planning for the Future
 
Fitness app case study Amit katyayan
Fitness app case study   Amit katyayanFitness app case study   Amit katyayan
Fitness app case study Amit katyayan
 
Health in the Workplace - UK Report
Health in the Workplace - UK ReportHealth in the Workplace - UK Report
Health in the Workplace - UK Report
 
Value of employee health screenings
Value of employee health screeningsValue of employee health screenings
Value of employee health screenings
 
Marilyn Guthrie (REI) at Consumer Centric Health, Models for Change '11
Marilyn Guthrie (REI) at Consumer Centric Health, Models for Change '11Marilyn Guthrie (REI) at Consumer Centric Health, Models for Change '11
Marilyn Guthrie (REI) at Consumer Centric Health, Models for Change '11
 
Make Health & Wellbeing work for your organization September 2011
Make Health & Wellbeing work for your organization September 2011Make Health & Wellbeing work for your organization September 2011
Make Health & Wellbeing work for your organization September 2011
 
HWI Presentation PP Final
HWI Presentation PP FinalHWI Presentation PP Final
HWI Presentation PP Final
 
Risk analytics with incentives
Risk analytics with incentivesRisk analytics with incentives
Risk analytics with incentives
 
Health in the Workplace Report - 2017
Health in the Workplace Report - 2017Health in the Workplace Report - 2017
Health in the Workplace Report - 2017
 
Thesis : A study on the impact of job stress on job satisfaction for employee...
Thesis : A study on the impact of job stress on job satisfaction for employee...Thesis : A study on the impact of job stress on job satisfaction for employee...
Thesis : A study on the impact of job stress on job satisfaction for employee...
 
Dr Vanessa Govender- Wellness in the Workplace
Dr Vanessa Govender- Wellness in the WorkplaceDr Vanessa Govender- Wellness in the Workplace
Dr Vanessa Govender- Wellness in the Workplace
 
HC360-OurSystem
HC360-OurSystemHC360-OurSystem
HC360-OurSystem
 
Corporate preventive Health Care
Corporate preventive Health CareCorporate preventive Health Care
Corporate preventive Health Care
 
2013 health care reform survey results
2013 health care reform survey results2013 health care reform survey results
2013 health care reform survey results
 
WillPower USA Workplace Wellness
WillPower USA Workplace WellnessWillPower USA Workplace Wellness
WillPower USA Workplace Wellness
 
Employee wellbeing risk management programme
Employee wellbeing risk management programmeEmployee wellbeing risk management programme
Employee wellbeing risk management programme
 
Workplace Stress: Impact and Outcomes - An India Study 2016
Workplace Stress: Impact and Outcomes - An India Study 2016 Workplace Stress: Impact and Outcomes - An India Study 2016
Workplace Stress: Impact and Outcomes - An India Study 2016
 
Corporate Culture Of Health
Corporate Culture Of HealthCorporate Culture Of Health
Corporate Culture Of Health
 
2013 benefit strategies health-care
2013 benefit strategies health-care2013 benefit strategies health-care
2013 benefit strategies health-care
 
Fit and well for work
Fit and well for workFit and well for work
Fit and well for work
 

Plus de RedSeer

KSA food aggregators to deliver million smiles
KSA food aggregators to deliver million smilesKSA food aggregators to deliver million smiles
KSA food aggregators to deliver million smiles
RedSeer
 

Plus de RedSeer (20)

Accel_x_Redseer_x_Fireside_Omnichannel_Report.pdf
Accel_x_Redseer_x_Fireside_Omnichannel_Report.pdfAccel_x_Redseer_x_Fireside_Omnichannel_Report.pdf
Accel_x_Redseer_x_Fireside_Omnichannel_Report.pdf
 
MENA e-commerce: A unique ecosystem, in a period of transition
MENA e-commerce: A unique ecosystem, in a period of transitionMENA e-commerce: A unique ecosystem, in a period of transition
MENA e-commerce: A unique ecosystem, in a period of transition
 
KSA food aggregators to deliver million smiles
KSA food aggregators to deliver million smilesKSA food aggregators to deliver million smiles
KSA food aggregators to deliver million smiles
 
Digital Advertising landscape report.pdf
Digital Advertising landscape report.pdfDigital Advertising landscape report.pdf
Digital Advertising landscape report.pdf
 
KSA Mecca of Technology Unicorn Report.pdf
KSA Mecca of Technology Unicorn Report.pdfKSA Mecca of Technology Unicorn Report.pdf
KSA Mecca of Technology Unicorn Report.pdf
 
Saudi Arabia's Rise to Global Entertainment Dominance
Saudi Arabia's Rise to Global Entertainment DominanceSaudi Arabia's Rise to Global Entertainment Dominance
Saudi Arabia's Rise to Global Entertainment Dominance
 
Ear-It-All: The booming world of audio series
Ear-It-All: The booming world of audio seriesEar-It-All: The booming world of audio series
Ear-It-All: The booming world of audio series
 
Winning Recipe for Food Brands in India- Redseer Report
Winning Recipe for Food Brands in India- Redseer ReportWinning Recipe for Food Brands in India- Redseer Report
Winning Recipe for Food Brands in India- Redseer Report
 
Study reveals udaan winning on customer service excellence, after market cons...
Study reveals udaan winning on customer service excellence, after market cons...Study reveals udaan winning on customer service excellence, after market cons...
Study reveals udaan winning on customer service excellence, after market cons...
 
Redseer_GZ_DPI REPORT.pdf
Redseer_GZ_DPI REPORT.pdfRedseer_GZ_DPI REPORT.pdf
Redseer_GZ_DPI REPORT.pdf
 
Redseer Report - Demystifying India's SFV Platforms
Redseer Report - Demystifying India's SFV Platforms Redseer Report - Demystifying India's SFV Platforms
Redseer Report - Demystifying India's SFV Platforms
 
D2C logistics report.pdf
D2C logistics report.pdfD2C logistics report.pdf
D2C logistics report.pdf
 
Redseer_BPC_Report.pdf
Redseer_BPC_Report.pdfRedseer_BPC_Report.pdf
Redseer_BPC_Report.pdf
 
Shopping goes social report.pdf
Shopping goes social report.pdfShopping goes social report.pdf
Shopping goes social report.pdf
 
Redseer x GetVantage Report.pdf
Redseer x GetVantage Report.pdfRedseer x GetVantage Report.pdf
Redseer x GetVantage Report.pdf
 
MSME Report New.pdf
MSME Report New.pdfMSME Report New.pdf
MSME Report New.pdf
 
MSME Report.pdf
MSME Report.pdfMSME Report.pdf
MSME Report.pdf
 
Redseer unlocking value of mass consumer PR Report.pdf
Redseer unlocking value of mass consumer PR Report.pdfRedseer unlocking value of mass consumer PR Report.pdf
Redseer unlocking value of mass consumer PR Report.pdf
 
The Future of Online Payments
The Future of Online PaymentsThe Future of Online Payments
The Future of Online Payments
 
IPL Economy Report
IPL Economy ReportIPL Economy Report
IPL Economy Report
 

Dernier

一比一原版(毕业证书)新西兰怀特克利夫艺术设计学院毕业证原件一模一样
一比一原版(毕业证书)新西兰怀特克利夫艺术设计学院毕业证原件一模一样一比一原版(毕业证书)新西兰怀特克利夫艺术设计学院毕业证原件一模一样
一比一原版(毕业证书)新西兰怀特克利夫艺术设计学院毕业证原件一模一样
AS
 
一比一原版(Wintec毕业证书)新西兰怀卡托理工学院毕业证原件一模一样
一比一原版(Wintec毕业证书)新西兰怀卡托理工学院毕业证原件一模一样一比一原版(Wintec毕业证书)新西兰怀卡托理工学院毕业证原件一模一样
一比一原版(Wintec毕业证书)新西兰怀卡托理工学院毕业证原件一模一样
AS
 
一比一原版英国格林多大学毕业证如何办理
一比一原版英国格林多大学毕业证如何办理一比一原版英国格林多大学毕业证如何办理
一比一原版英国格林多大学毕业证如何办理
AS
 
一比一原版(Dundee毕业证书)英国爱丁堡龙比亚大学毕业证如何办理
一比一原版(Dundee毕业证书)英国爱丁堡龙比亚大学毕业证如何办理一比一原版(Dundee毕业证书)英国爱丁堡龙比亚大学毕业证如何办理
一比一原版(Dundee毕业证书)英国爱丁堡龙比亚大学毕业证如何办理
AS
 
一比一原版奥兹学院毕业证如何办理
一比一原版奥兹学院毕业证如何办理一比一原版奥兹学院毕业证如何办理
一比一原版奥兹学院毕业证如何办理
F
 
一比一原版(Flinders毕业证书)弗林德斯大学毕业证原件一模一样
一比一原版(Flinders毕业证书)弗林德斯大学毕业证原件一模一样一比一原版(Flinders毕业证书)弗林德斯大学毕业证原件一模一样
一比一原版(Flinders毕业证书)弗林德斯大学毕业证原件一模一样
ayvbos
 
一比一原版贝德福特大学毕业证学位证书
一比一原版贝德福特大学毕业证学位证书一比一原版贝德福特大学毕业证学位证书
一比一原版贝德福特大学毕业证学位证书
F
 
一比一原版(Soton毕业证书)南安普顿大学毕业证原件一模一样
一比一原版(Soton毕业证书)南安普顿大学毕业证原件一模一样一比一原版(Soton毕业证书)南安普顿大学毕业证原件一模一样
一比一原版(Soton毕业证书)南安普顿大学毕业证原件一模一样
Fi
 
一比一定制(Waikato毕业证书)新西兰怀卡托大学毕业证学位证书
一比一定制(Waikato毕业证书)新西兰怀卡托大学毕业证学位证书一比一定制(Waikato毕业证书)新西兰怀卡托大学毕业证学位证书
一比一定制(Waikato毕业证书)新西兰怀卡托大学毕业证学位证书
AS
 
Abortion Clinic in Germiston +27791653574 WhatsApp Abortion Clinic Services i...
Abortion Clinic in Germiston +27791653574 WhatsApp Abortion Clinic Services i...Abortion Clinic in Germiston +27791653574 WhatsApp Abortion Clinic Services i...
Abortion Clinic in Germiston +27791653574 WhatsApp Abortion Clinic Services i...
mikehavy0
 
原版定制英国赫瑞瓦特大学毕业证原件一模一样
原版定制英国赫瑞瓦特大学毕业证原件一模一样原版定制英国赫瑞瓦特大学毕业证原件一模一样
原版定制英国赫瑞瓦特大学毕业证原件一模一样
AS
 
一比一原版(UWE毕业证书)西英格兰大学毕业证原件一模一样
一比一原版(UWE毕业证书)西英格兰大学毕业证原件一模一样一比一原版(UWE毕业证书)西英格兰大学毕业证原件一模一样
一比一原版(UWE毕业证书)西英格兰大学毕业证原件一模一样
Fi
 

Dernier (20)

一比一原版(毕业证书)新西兰怀特克利夫艺术设计学院毕业证原件一模一样
一比一原版(毕业证书)新西兰怀特克利夫艺术设计学院毕业证原件一模一样一比一原版(毕业证书)新西兰怀特克利夫艺术设计学院毕业证原件一模一样
一比一原版(毕业证书)新西兰怀特克利夫艺术设计学院毕业证原件一模一样
 
The Rise of Subscription-Based Digital Services.pdf
The Rise of Subscription-Based Digital Services.pdfThe Rise of Subscription-Based Digital Services.pdf
The Rise of Subscription-Based Digital Services.pdf
 
一比一原版(Wintec毕业证书)新西兰怀卡托理工学院毕业证原件一模一样
一比一原版(Wintec毕业证书)新西兰怀卡托理工学院毕业证原件一模一样一比一原版(Wintec毕业证书)新西兰怀卡托理工学院毕业证原件一模一样
一比一原版(Wintec毕业证书)新西兰怀卡托理工学院毕业证原件一模一样
 
一比一原版英国格林多大学毕业证如何办理
一比一原版英国格林多大学毕业证如何办理一比一原版英国格林多大学毕业证如何办理
一比一原版英国格林多大学毕业证如何办理
 
一比一原版(Dundee毕业证书)英国爱丁堡龙比亚大学毕业证如何办理
一比一原版(Dundee毕业证书)英国爱丁堡龙比亚大学毕业证如何办理一比一原版(Dundee毕业证书)英国爱丁堡龙比亚大学毕业证如何办理
一比一原版(Dundee毕业证书)英国爱丁堡龙比亚大学毕业证如何办理
 
一比一原版奥兹学院毕业证如何办理
一比一原版奥兹学院毕业证如何办理一比一原版奥兹学院毕业证如何办理
一比一原版奥兹学院毕业证如何办理
 
Registry Data Accuracy Improvements, presented by Chimi Dorji at SANOG 41 / I...
Registry Data Accuracy Improvements, presented by Chimi Dorji at SANOG 41 / I...Registry Data Accuracy Improvements, presented by Chimi Dorji at SANOG 41 / I...
Registry Data Accuracy Improvements, presented by Chimi Dorji at SANOG 41 / I...
 
一比一原版(Flinders毕业证书)弗林德斯大学毕业证原件一模一样
一比一原版(Flinders毕业证书)弗林德斯大学毕业证原件一模一样一比一原版(Flinders毕业证书)弗林德斯大学毕业证原件一模一样
一比一原版(Flinders毕业证书)弗林德斯大学毕业证原件一模一样
 
一比一原版贝德福特大学毕业证学位证书
一比一原版贝德福特大学毕业证学位证书一比一原版贝德福特大学毕业证学位证书
一比一原版贝德福特大学毕业证学位证书
 
一比一原版(Soton毕业证书)南安普顿大学毕业证原件一模一样
一比一原版(Soton毕业证书)南安普顿大学毕业证原件一模一样一比一原版(Soton毕业证书)南安普顿大学毕业证原件一模一样
一比一原版(Soton毕业证书)南安普顿大学毕业证原件一模一样
 
Story Board.pptxrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
Story Board.pptxrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrStory Board.pptxrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
Story Board.pptxrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
 
一比一定制(Waikato毕业证书)新西兰怀卡托大学毕业证学位证书
一比一定制(Waikato毕业证书)新西兰怀卡托大学毕业证学位证书一比一定制(Waikato毕业证书)新西兰怀卡托大学毕业证学位证书
一比一定制(Waikato毕业证书)新西兰怀卡托大学毕业证学位证书
 
Abortion Clinic in Germiston +27791653574 WhatsApp Abortion Clinic Services i...
Abortion Clinic in Germiston +27791653574 WhatsApp Abortion Clinic Services i...Abortion Clinic in Germiston +27791653574 WhatsApp Abortion Clinic Services i...
Abortion Clinic in Germiston +27791653574 WhatsApp Abortion Clinic Services i...
 
原版定制英国赫瑞瓦特大学毕业证原件一模一样
原版定制英国赫瑞瓦特大学毕业证原件一模一样原版定制英国赫瑞瓦特大学毕业证原件一模一样
原版定制英国赫瑞瓦特大学毕业证原件一模一样
 
Loker Pemandu Lagu LC Semarang 085746015303
Loker Pemandu Lagu LC Semarang 085746015303Loker Pemandu Lagu LC Semarang 085746015303
Loker Pemandu Lagu LC Semarang 085746015303
 
HUMANIZE YOUR BRAND - FREE E-WORKBOOK Download Now
HUMANIZE YOUR BRAND - FREE E-WORKBOOK Download NowHUMANIZE YOUR BRAND - FREE E-WORKBOOK Download Now
HUMANIZE YOUR BRAND - FREE E-WORKBOOK Download Now
 
APNIC Policy Roundup presented by Sunny Chendi at TWNOG 5.0
APNIC Policy Roundup presented by Sunny Chendi at TWNOG 5.0APNIC Policy Roundup presented by Sunny Chendi at TWNOG 5.0
APNIC Policy Roundup presented by Sunny Chendi at TWNOG 5.0
 
Lowongan Kerja LC Yogyakarta Terbaru 085746015303
Lowongan Kerja LC Yogyakarta Terbaru 085746015303Lowongan Kerja LC Yogyakarta Terbaru 085746015303
Lowongan Kerja LC Yogyakarta Terbaru 085746015303
 
一比一原版(UWE毕业证书)西英格兰大学毕业证原件一模一样
一比一原版(UWE毕业证书)西英格兰大学毕业证原件一模一样一比一原版(UWE毕业证书)西英格兰大学毕业证原件一模一样
一比一原版(UWE毕业证书)西英格兰大学毕业证原件一模一样
 
Beyond Inbound: Unlocking the Secrets of API Egress Traffic Management
Beyond Inbound: Unlocking the Secrets of API Egress Traffic ManagementBeyond Inbound: Unlocking the Secrets of API Egress Traffic Management
Beyond Inbound: Unlocking the Secrets of API Egress Traffic Management
 

The Cost Of Being Unhealthy-RedSeer Perspective On Productivity Loss Due To Lifestyle Choices

  • 1. The cost of being unhealthy RedSeer perspective on productivity loss due to lifestyle choices.
  • 2. Overall Productivity Loss? 04 No. of Employee at Immediate Risk? 05 Share of Affected Employees 06 Key Risk Factors? 07 Most Affected Age Group? 08 Productivity Loss by Risk Factors to Age Groups? 09 % of Employees at Risk? 10 Risk Factors across Age Groups? 11 Methodology 12 Assessment Framework 14 Framework for Assessment of Cost 15 TABLE OF CONTENTS The cost of being unhealthy RedSeer perspective on productivity loss due to lifestyle choices. 3
  • 3. Overall Productivity Loss? Productivity loss due to health and lifestyle habits of employees cost ~INR 24,000 Cr every year to IT industry in Bangalore… Cost to IT industry in Bangalore due to Productivity Loss No. of Employee at Immediate Risk? Almost 22% of the employees in overall IT industry in Bangalore are at immediate risk of productivity loss due to poor health and lifestyle… Distribution of Health Score of Overall IT Industry in Bangalore of overall employee in the IT industry in Bangalore are at immediate risk of productivity loss due to poor health and lifestyle 1. Health score is the weighted health score of employees on various risk factors i.e. Physical Inactivity, Emotional & Mental Health, Poor Diet, Physical Health and Substance Abuse 2. Health score is defined on a scale of 1-5 wherein, 1 indicates worst health score and 5 indicates best health score 3. Employees with weighted health score less than or equal to 3 are considered as employees at risk of productivity loss IT Industry in Bangalore 1 2 3 4 5 1.5 2.5 3.5 4.5 7% of IT Revenue in Bangalore (USD 3.5 Bn) Share of Bangalore in IT Revenue Share of other cities in IT Revenue in India IT Revenue in India Share of Bangalore in IT Revenue in India Cost of IT Industry in Bangalore due to Productivity Loss 30% 70% USD 165 Bn INR 24,000 Cr Loss annually ~22% 5 4
  • 4. Share of Affected Employees More than 80% of employees are at risk on at least one risk factor % of Employee at Risk on various Risk Factors Atleast 1 Risk Factor Atleast 2 Risk Factor Atleast 3 Risk Factor Atleast 4 Risk Factor Poor Diet, Physical Inactivity, Substance Abuse, Emotional & Mental Health and Physical Health are the 5 risk factors Key Risk Factors? Physical inactivity and emotional & mental health of employees are major factors for the cost to industry due to productivity lost Cost to IT Industry in Bangalore due to Productivity Loss by Risk Factors (% of total cost) % indicates share of various risk factors in overall cost to IT industry in Bangalore due to productivity loss % of employee at risk for a particular risk factor is calculated from total number of employee with score less than 3 for physical inactivity and Emotional & Mental health, while less than or equal to 3 for poor diet and physical health and score less than or equal to 4 for Substance abuse Physical Inactivity Overall Cost to IT industry in Bangalore due to Productivity Loss Physical Inactivity Physical Health Substance Abuse Poor Diet Emotional and Mental Health 25% 23% 21% 18% 13% INR. 24,000 Cr Loss annually 83% 50% 23% 8% 7 6
  • 5. Most Affected Age Group? Mid-age group employees are contributing to major share of cost to the industry Cost to IT Industry in Bangalore due to Productivity Loss by Age Groups (% of total cost) Productivity Loss by Risk Factors to Age Groups? Mid age employees has higher contribution in productivity loss due to physical inactivity and physical, emotional & mental health 20-30 years 40+ years 30-40 years 29% 29% 42% • Employees in the age group of 30-40 years of age constitute 35% of the total workforce in IT industry and contributes to 42% of overall cost resulting from productivity loss • However, younger employees in the age group of 20-30 years of age constitute 50% of the total workforce and contributes to ~29% of the cost due to lower billing rates as compared to employees with higher experience % of overall cost to IT industry in Bangalore due to various risk factors % split of cost due to a particular risk factor across various age groups Cost to IT Industry in Bangalore due to Productivity Loss by Risk Factors and Age Groups Physical Inactivity Emotional & Mental Health Physical Health Poor Diet Substance Abuse 23% 26% 30% 30% 44% 41% 50% 33% 40% 33% 33% 33% 23% 20% 21% 29% 18% 30% 13% 20-30 years 30-40 years 40+ years XX % XX % 50% 38% 9 8
  • 6. Risk Factors across Age Groups? Younger professionals have a higher risk from Poor Diet while Mid-age group has a higher risk from Physical Health While younger employees are more prone to risk of productivity loss due to poor diet and substance abuse Percentage of employees at risk of productivity loss due to physical inactivity and emotional health increases with age % of Employees at Risk? % of Employees at Risk due to various Risk Factors % of Employee at Risk on various Risk Factors Physical Inactivity Emotional & Mental Health Physical Health Poor Diet Substance Abuse 83% 50% 59% 33% 40% 30% 54% 30% 39% 43% 30% 23% 23% 19% 35% 20% 16% 18%17% 69% 67% 8% 8% 8% 25% Highest number of employees are at risk of productivity loss due to physical inactivity and emotional instability. While these two risk may not result in sick leave but it leads to loss of productivity while at work % of Employees at Risk due to various Risk Factors across Age Groups Physical Inactivity Emotional & Mental Health Physical Health Poor Diet Substance Abuse 20-30 years 30-40 years 40+ years 17% XX% XX% XX% 62% 26% 35% 25% 17% 25% 26% 35% 62% % Risk* employees – By Risk Factors Average % of employee at risk at due to various risk factors Average % of employee at risk across age groups due to various risk factors Highest % of employee at risk for a particular risk factor Least % of employee at risk for a particular risk factor Industry average % of employee at risk for a particular risk factor % of employee at risk for a particular risk factor is calculated from total number of employee with score less than 3 for physical inactivity and Emotional & Mental health, while less than or equal to 3 for poor diet and physical health and score less than or equal to 4 for Substance abuse * % of employee at risk for a particular risk factor is calculated from total number of employee with score less than 3 for physical inactivity and Emotional & Mental health, while less than or equal to 3 for poor diet and physical health and score less than or equal to 4 for Substance abuse 11 10
  • 7. Methodology RedSeer has interviewed 500+ employees across 10 IT companies in Bangalore Total No. of Respondents interviewed: 500+ 26% 18% 45% 37% 20-30 years 40+ years 30-40 years 74% Male Female Split by Gender Split by Age Groups 13
  • 8. Assessment Framework Assessment of overall health score of employee due to combined effect of various risk factors Health Score Risk Factors Description Weightage Overall Health Score Poor Diet Unhealthy eating habits such as eating too much junk food and eating less of fruits 22% Physical Inactivity Lack of regular physical activity such as exercise, running, playing sports, walking etc. 22% Emotional & Mental Health Lack of proper sleep and meditation resulting in emotional and mental stress 22% Physical Health Prevalence of lifestyle diseases and falling sick frequently 22% Employees with weighted health score less than or equal to 3 are considered as employees at risk Health score of employees have been defined on a scale of 1-5 wherein, 1 indicates worst health score and 5 indicates best health score Weighted average score of employee across various risk factors is calculated to assess the overall health score of individual employees Secondary Research Corporate Interaction Cost to organization due to following risk factors Employee Survey Employee Survey Secondary Research Corporate Interaction Framework for Assessment of Cost Assessment of cost to company due to productivity loss from various risk factors RedSeer has calculated the cost to organization for each risk factor taking number of employees at risk due to particular risk factor and productivity loss due to that risk factor RedSeer has calculated the overall cost to organization by taking summation of cost to organization due to various risk factors Cost to Organization due to a particular risk factor Overall Cost to Organization due to productivity loss Number of Employees in the Organization Poor Diet % of Employee at risk due to particular risk factor Physical Inactivity % of productivity loss due to Absenteeism and Presenteeism Emotional & Mental Health Billing Rate of Employees Substance Abuse Physical Health = = Σ X X X 15 14
  • 9. Authors Disclaimer Ujjwal is an Associate Director at RedSeer. He is a big believer in the power of technology to disrupt the status quo. He specializes in due-diligences especially in the consumer internet space. Prior to joining RedSeer, Ujjwal co-founded and exited a healthcare start-up. He can be can reached at ujjwal@ redseerconsulting.com. He is an IIT Delhi alumnus Saurav is a Consultant with RedSeer and has 5+ years of experience in strategy creation in retail, cpg and ecommerce. He has an extensive experience in Business Consulting and has worked with brands and funds across the value chain. He is an IIM Calcutta alumnus Saurabh has 2.5+ years of experience in Consumer Internet, Retail, E-tailing Industry, etc. and has worked with major E-tailing, VC and PE firms in the E-commerce industry. He can be reached at Saurabh@redseer.com He is an RTU Alumnus Ujjwal Chaudhry Associate Director ujjwal@redseerconsulting.com Saurav Kumar Chachan Consultant saurav@redseerconsulting.com Saurabh Joshi Business Analyst saurabh@redseerconsulting.com While we have made every attempt to ensure that the information contained in this report has been obtained from reliable sources, Redseer consulting is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in this report is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance, merchantability and fitness for a particular purpose. Nothing herein shall to any extent substitute for the independent investigations and the sound technical and business judgment of the reader. In no event will Redseer Consulting or its partners, employees or agents, be liable to you or anyone else for any decision made or action taken in reliance on the information in this report or for any consequential, special or similar damages, even if advised of the possibility of such damages. The information contained in this report is intended solely to provide general guidance on matters of interest for the personal use of the reader, who accepts full responsibility for its use. The application and impact of laws can vary widely based on the specific facts involved. Given the changing nature of laws, rules and regulations, and the inherent hazards of electronic communication, there may be delays, omissions or inaccuracies in information contained in this report. Accordingly, the information on this report is provided with the understanding that the authors and publishers are not herein engaged in rendering legal, accounting, tax, or other professional advice or services. As such, it should not be used as a substitute for consultation with professional advisers. 17 16
  • 10. Flexible in Approach, Firm on Results © 2019 RedSeer Consulting Confidential and Proprietary Information www.redseerconsulting.com | Query@redseerconsulting.com Bangalore I Mumbai I New Delhi I Dubai I New York | Singapore Thank You! query@redseerconsulting.com