Corporate Wellness
Healthier people work harder, are happier, and are more efficient.
When Corporate Wellness Programs are implemented correctly by using thorough, company-specific research and planning, they have win-win potential for both the employer and employees. Wellness programs can benefit employers by lowering health care costs, reducing absenteeism, achieving higher employee productivity, reducing workers’ compensation and disability-related costs, reducing injuries and improving employee morale and loyalty.
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Benefits Of An Employee Wellness Program
The success of any company depends very heavily on the productivity and work performance of its human resources. There have been many proven benefits from the implementation of employee wellness programs. Programs typically center on weight loss assistance, smoking cessation, stress management as well as lifestyle improvements regarding exercise, diet & fitness.
1. Decreased Health Care Costs
Wellness Programs have proven effective in reducing an employee’s health care costs.
2. Increased Work Place Morale
Wellness Programs cover a broad range of healthcare initiatives. The effectiveness of wellness program in terms of the office environment is simple – employees are healthy therefore (on the whole) a lot happier; this equates to maximized performance. They are also aware that the company is taking measures to ensure their health and well being which enhances loyalty and builds responsibility.
3. Reduced Absenteeism
There are many minor and major ailments which influence a person’s health and well being. Any ailment can result in more time away from work. Through education, training and professional health care, a Wellness Program can greatly reduce employee absenteeism. For your company, reduced absenteeism equals a reduction in costs and an increase in productivity.
4. Reduced Overall Costs
Employee Wellness Programs have a range of benefits for employers. It is hard to quantify what you gain via increased morale, productivity and work performance however the reduced sick leave, absenteeism and lower health costs contribute to a sizable reduction in overall costs.
5. Increased Productivity
It is proven that being healthy increases concentration, energy levels and work output. Increased productivity in the work place is a by-product of a successful intervention program.
6. Increased Responsibility
An Employee Wellness Program indicates to employees that the company cares about their well being. While it is common knowledge that these programs benefit employers, the benefits are mutual. A well taken care of employee feels an affiliation with the company & they develop a level of responsibility associated with their work. This type of attitude within the work place is invaluable. An employee that feels like the company takes in interest in their wellbeing and health will take an interest in performing to the best of their ability.
7. Increased Company Loyalty
This is one of those intangible benefits that you really can’t put a price on. Company loyalty means reduced costs in terms of recruitment and turnover, encouraging a more harmonious work environment.
8. Reduced Sick Leave
Wellness Programs have had a lasting impact on the cost of sick leave. Through education, training programs, and lifestyle management, these types of programs have been proven to significantly reduce the costs associated with sick leave.
9. Improved Work Performance
The aim of Employee Wellness programs are to promote healthy lifestyle choices which reduce the amount of medical attention an employee may require. Lower medical costs are just the tip of the ice burg. Employees who participate in these programs have noted a substantial improvement in work performance.
10. Decreased Health Insurance Costs
Health insurance premiums are rising exponentially every year. The cost is rapidly rising to the point where employers have to find new ways to reduce their health care expenses. Employee Wellness programs have shown incredible returns and remarkable results.
