Is Corporate Health and Wellness Worth the Investment?
In recent years, there has been a lot of hype about “Workplace Wellness,” or corporate health and wellness programming. Some companies have created incredibly successful programs, while others have tried and failed, and even more business have avoided it entirely. But at this point, corporate health and wellness is here to stay and will be an important aspect of workplace culture moving forward. But does corporate health and wellness live up to the hype? And it is worth the investment?
Absolutely! Here are our top 5 reasons why you should invest in a good corporate health and wellness program.
- Increases Employee Morale and Engagement. Your employees, especially Millennials, want workplace wellness programs. They are interested in group fitness classes at work. They want to know about healthier snack options. They crave work-life balance. And more importantly, they participate. Participants in workplace wellness programs are happier, more engaged employees.
- Decreases Absenteeism and Presenteeism. On a similar note. workplace wellness programs reduce “calling out sick,” or absenteeism by helping employees increase healthy behaviors. Presenteeism is defined as physically being in the office, but not mentally contributing. This can be due to burnout, or not enough work-life balance. However, by providing opportunities to work out in the office during the day, and offering seminars about stress management, etc through your workplace wellness program, you are taking the steps needed to combat presenteeism.
- Improves healthy habits and behaviors of employees. Corporate health and wellness programs can be designed to help employees improve a number of important rick factors for disease such as obesity, better diet and exercise, smoking cessation and more. Workplace challenges and incentives can help to make these lifelong healthy habits.
- Reduces healthcare costs. In the short term, a healthy team means less sick days taken, which contributes to overall company productivity. Long term, if adopted properly, a corporate health and wellness program will decrease doctors visits, lowering the cost of your group healthcare plan. Additionally, many Insurance providers even incentivize corporate health and wellness programs by reducing costs further.
- Helps boost your recruitment efforts. The corporate health and wellness trend is not going away anytime soon. With more and more companies adding comprehensive health and wellness programming, employers will have to start including workplace wellness as an employee benefit in order to stay competitive with other companies that make health and wellness a priority. Potential hires are seeking out employers that prioritize health (and work-life balance), so a visible dedication to those things will make recruitment efforts easier.