“The one thing that might be missing that Arianna wants to bring to the table are metrics. At its core, Thrive is a corporate wellness consultancy: Companies pay Thrive-trained coaches to bestow health and wellness tips on their overworked and underperforming staffs. But with its entry into the corporate wellness industry, which market research firm IBISWorld values at $6 billion, Thrive is competing within an already crowded space. Many other wellness companies address both body and mind, too, offering office fitness alongside meditation. Corporate wellness budgets have ballooned as companies try to curb health insurance costs, since a healthier workforce means lower insurance costs and higher productivity.

Source: Mint September 07, 2016 15:11 UTC