The health of every employee directly affects the health of the company as a whole. In fact, nearly half of all U.S. healthcare costs are spent on the health of just one in five employees. Yet, as a general rule, most organizations have very little information about the health and wellbeing of their employees.
Let’s say you’re a busy CEO and you’re asked to provide a wellness resource to your company. Why would you want to do that? It’s not because you’re a bad person, or that you’re weak. It’s not because you’re worried about your reputation. And it’s definitely not because you’re not willing to do the work. It’s because you’re worried about your health, your family’s health, your employees’ health, and the health of the people in your community.
Corporate wellness resources have to have a clear purpose, otherwise, you are just wasting money. They are also an investment that needs to be well documented. So how do you know if you are doing the right thing? How do you know that the money you are spending to promote corporate wellness is being well spent? What are the best practices around corporate wellness?
An ideal workplace is a place where employees can feel healthy, happy, and productive. Unfortunately, the percentage of workplaces that meet this goal is abysmal. In fact, a recent Gallup poll revealed that only 22% of employees are members of a wellness program, and only 12% of workers believe that their organization takes a comprehensive approach to wellness.
For most companies, the most pressing concern may be the health and well-being of their workforce. But beyond the need for health insurance and other benefits, companies need to do more to ensure their employees’ health and well-being. In doing so, they develop a culture of health and wellness that benefits the entire organization. Company Wellness Resources are the best way to give your employees the tools they need to lead healthy, active lives.
Wellness benefits your business in major ways. You can reduce health care costs by working to prevent illness, you can reduce stress in the workplace, you can improve employee productivity, and you can build a better reputation for your company. But you can do even more by creating a culture of wellness.
Employers are beginning to show interest in the idea of providing wellness resources for their employees. Some companies are implementing wellness programs or wellness insurance to promote health and productivity among their workers. The benefits of wellness programs are numerous, but one of the most important is the ability to treat diseases before they take hold.
Costs for health insurance premiums may be the #1 financial driver of health care costs for companies, but they aren’t the only thing to consider. Don’t neglect the role that company wellness resources play in lowering your health care costs. For example, by incorporating company wellness resources into their overall wellness strategy, employers may help lower health care costs by preventing preventable disease, supporting healthier lifestyles, and promoting more healthy habits that can save money on health care costs.
According to our latest research, proving your company’s commitment to company wellness is not just about providing the right resources, but also about how it’s all tied together. It’s not just about providing a list of resources but selecting and implementing the right ones for your employees and company. So, if your company is interested in learning more about this topic and how it relates to them, we would love to hear from you.
As the scope and diversity of wellness programs for employees rise, so too does the need for companies to help its employees through this transition. That’s why every year, the Health Research by Industry Report, published by the Robert Wood Johnson Foundation, including corporate wellness programs, is included in its wide-ranging annual health care research. While the program’s scope has expanded, the report’s findings are still relevant, highlighting the key benefits to companies, its employees, and society-at-large.
At the risk of sounding like a broken record, I can’t stress this enough: your company’s well-being is its future. The good news is that even though it may seem impossible right now, that is not true.