what-is-wellbeing

Many people use the terms wellness and wellbeing interchangeably.

While wellness is most often associated with physical and emotional health, wellbeing considers the quality-of-life of individuals across five domains of life and includes factors such as career satisfaction, social relationships, financial security and community participation.

Wellbeing can be understood as one’s psychological, social or physical ability to meet and manage challenges. It can be defined as “how people feel about and experience their daily lives.” – Gallup and Healthways

The wellbeing of a population can also be measured, providing a measure of the community wellbeing. The following graphic shows the weak relationship between GDP (Gross Domestic Product) and the wellbeing of Canadians.


Source: How are Canadians Really Doing, CIW, 2016 National Report

While GDP rose 28.9% between 1994 and 2010, Wellbeing overall increased by only 5.7%. Following the economic recession in 2008, GDP fell by 8.3% while Wellbeing declined by 24%. This report highlights that economic growth has not necessarily improved the quality of life of Canadians.

 

The Canadian Index of Wellbeing shows that Canadians are experiencing greater job insecurity, spending less time with friends, family and participating in leisure and cultural activities and families have less money to spend on activities that may impact wellbeing.

 

5 Wellbeing Elements

Gallup’s research across 150 countries has shown that 5 wellbeing elements are common to people around the world who indicate they are thriving. (Gallup).

 

Career (Purpose) Wellbeing

career-wellbeing

Purpose: Enjoying what you do each day and being motivated to achieve your goals. Learn More!

Social Wellbeing

social-wellbeing
Having positive, supportive relationships and an abundance of love in your life. Learn More!

 

Physical Wellbeing

physical-wellbeing
Having good physical health and enough energy to participate fully in day to day activities. Learn More!

 

Financial Wellbeing

financial-wellbeing
Proactively managing your economic life and feeling optimistic about your financial future. Learn More!

 

Community Wellbeing

community-wellbeing
Having a sense of safety, belonging and connectedness in the communities where you live and work. Learn More!

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