Fitt Insider 266. Cesar Carvalho, Co-Founder & CEO of Wellhub
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Dec 3, 2024 Cesar Carvalho, co-founder and CEO of Wellhub, shares insights on creating a healthier workplace. He discusses the company's rebranding journey from Gympass and the shift towards a holistic approach integrating fitness, nutrition, and mental health solutions. The conversation dives into the quantifiable benefits of corporate wellness, the significant role of employee engagement, and future trends like AI-driven personalized wellness recommendations. Carvalho emphasizes the importance of strategic focus for corporate growth while prioritizing employee well-being.
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Exercise Cuts Costs and Turnover
- Employees who consistently exercise spend 35% less on healthcare costs.
- They are also 40% less likely to leave their company and have reduced absenteeism.
Building a Corporate Wellness Ecosystem
- WellHub grew from an ecosystem connecting employees, HR leaders, and partners.
- It now serves 20,000 companies with access to 60,000 gyms and 100 well-being apps.
Pandemic Pivot Sparks Rebrand
- The pandemic forced a shift from in-person gyms to fitness, nutrition, and meditation apps.
- This led to growth and highlighted the need to rebrand from GymPass to WellHub.