BDO Business Wellbeing Index

About the Index

Launched in June 2022, the BDO Wellbeing & Business Performance Index – BDO Te Rangahau o Ngā Hauora Pai - is a unique biannual study exploring the relationship between wellbeing (leveraging the World Health Organisation’s globally recognised WHO-5 Wellbeing Index methodology) and business performance in the New Zealand business sector.

While at BDO, we’re certainly not mental health experts, as advisers to over 16,000 businesses across Aotearoa, we are in a unique position to see the impacts of a wide range of factors on New Zealand business leaders and their businesses – including financial, economic, regulatory, environmental and social. The BDO Wellbeing & Business Performance Index was born out of growing observations among our BDO Partners of the particular impact which financial concerns can have on business leaders and owners. The Index is our opportunity to provide practical advice to NZ’s business leaders and owners – helping them to alleviate the key stresses of running a business, particularly financial concerns, and in turn promoting stronger wellbeing.

The biannual digital survey is conducted by an independent research agency. More than 500 respondents are canvassed in each survey wave, spanning a wide range of industries and business stages, based on a market-representative sample of New Zealand’s business sector. The survey targets business leaders and owners (anyone who was not an owner, General Manager, CEO or Director is excluded from results). For the purpose of the report, we refer to all respondents generically as “business leaders”.

collage of faces from different industries

APRIL 2024 INDEX

Our latest BDO Business Wellbeing Index provides timely insights on the big issues facing business leaders, now and over the coming six months, both at a national and sector level.
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Survey methodology 

The World Health Organisation’s ‘WHO-5 Index’ score, adopted in this survey, is a point in time measure – reflecting wellbeing as experienced by respondents over the past two weeks. For this reason, wellbeing is best tracked over time. Respondents were also asked to share where they expect their business performance and wellbeing to be in six months’ time – and the key drivers for this. The survey collects details of why respondents might have been feeling less mentally healthy recently. We also ask what they do to stay mentally healthy, both in their business and in their personal life. 
 

THE WHO-5 WELLBEING INDEX - STATEMENTS 

I have felt cheerful, in good spirits 
I have felt calm and relaxed
I have felt active and vigorous
I have woken up feeling fresh and rested
My daily life has been filled with things that interest me