Do you own a company? Do you work for a company that you wish had an Employee Wellness Program? Well here are some great facts for you to read and/or share on the benefits of an Employee Wellness Program.
The success of any company depends very heavily on the productivity and work performance of its employees. This ability is greatly aided by an Employee Wellness Program. Wellness Programs focus on the physical well-being of employees, looking after medical requirements and ensuring personal health is a priority. Programs can offer weight loss regimes, smoking cessation programs, stress management and exercise, diet and fitness advice. Since most adults spend more of their waking hours at work than anywhere else, this makes it a prime venue for promoting healthful habits. Here are the top 3 reasons to have an Employee Wellness Program
#1 Decreased Health Care Costs
Health insurance premiums are rising every year. The concept of a Wellness Program was introduced initially for dual purposes: Rising health costs meant employers were looking for a way to minimize the expense while maintaining healthy human resources. The implementation of Wellness Programs has proven effective in reducing company health care costs. According to a U.S. Department of Health and Human Services report, it reduced healthcare costs by 20 to 55 percent.
#2 Work Place Morale
Wellness Programs cover a broad range of healthcare initiatives. From nutritional advice to exercise programs as well a specific health related information on high blood pressure, diabetes and heart disease. The effectiveness of a Wellness Programup to 52% increased productivity according to the U.S. Department of Health and Human Services report. Employees also tend to show more loyalty and responsibility because they are aware that the company is taking measures to ensure their health and well-being which shows them that their company cares. Company loyalty means reduced costs in terms of recruitment and turnover. This also makes for a more harmonious working environment. Companies who participate in these programs have noted a substantial improvement in work performance.
#3 Reduced Absenteeism
There are many factors that influence a person’s health, these could be minor such as a cold or flu or major such as heart problems or obesity. All of these could result in the employee taking time off work. The benefit of a Wellness Program is that this time will be significantly reduced, if not avoided all together. The same U.S. Department of Health and Human Services report revealed reduced short-term sick leave anywhere from 6 up to 32 percent. Through education, training and professional health care a Wellness Program can greatly reduce absenteeism. The bottom line, for your company this reduction in absenteeism equals a reduction in costs and an increase in productivity.
In our next blog post we will discuss companies who are experiencing success with their Employee Wellness Programs.
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