In the last seven years, the trend of corporate wellness programs has grown massively, for all the right reasons. If you still haven’t invested in, and introduced corporate wellness programs in your company, then now is the best time to jump on this bandwagon before it’s too late.
According to the ‘Employee Benefits 2015’ report released by the SHRM (Society for Human Resource Management), 70 percent of the US employers offered general wellness programs which was up from 58 percent in 2008, while 8 percent of the corporations had plans for introducing wellness programs in 2016 and 2017. One of the top reasons for the soaring popularity of wellness programs among organizations has been the rising health care cost. To keep health care expenses low, employers are seeking for preventive measures like wellness programs.
As per the research study conducted by RAND Co., every 1 US dollar invested in general wellness efforts has the potential to yield ROI of 1.5 US dollars and approximately 3.8 US dollars if these programs are targeted towards chronic diseases like obesity and diabetes.
Top Benefits of Corporate Wellness Programs for Employers
Here are some more benefits of investing in wellness efforts:
Improved Team Productivity
Introducing corporate wellness activities like exercise programs, and informative programs on how to eat healthy and make better lifestyle choices can increase employee and team productivity.
Exercise and nutritional programs can help staff focus better on their work, feel more energized and stay healthy. With these types of initiatives, incidents related to strokes, heart attacks and diabetes among employees can be reduced significantly.
Also, program participants can also lower the chances of experiencing and battle chronic conditions more effectively like obesity, high cholesterol and high blood pressure. Overall, the results are a healthier and productive workforce, and fewer health insurance claims being filed.
Happier Employees
Wellness efforts offer benefits to both employer and employees. These programs are employee health focused which shows that employers are concerned about their employees and value them greatly. This conveys a positive message to the staff, as they feel valued, which results in happier employees and improved workplace satisfaction.
Reduced Absenteeism
Wellness initiatives can significantly reduce employee absenteeism. As employees eat healthy and exercise with peers, they enjoy coming to work and this will also help them stay fit, bringing massive savings to employers in terms of reduction of sick leave days, lowered cost of employee turnover, and better productivity.
For more information on corporate wellness programs or to get a customized and an effective wellness program designed for your employees, get in touch with us. Call us on 877-355-6070. We can provide you with an effective wellness program that helps you experience all the great benefits discussed above and more!