Reduction of sick days and healthcare costs
Studies demonstrate that for every dollar spent on employee wellness, absenteeism drops $2.73 and medical costs fall $3.27, a 6-to-1 return on investment. Regular screening of biometrics and stress reduction efforts often have a direct effect on absenteeism. Naturally, healthcare costs become lower as well. Sick days increase with stress, disengagement, burnout, and ignoring physical activity. There are many programs that focus on these areas, and the direct outcome is a boost in attendance and productivity.
Major Uptick in the risk reduction of chronic diseases
Some health issues like diabetes, osteoporosis, depression, and hypertension are hard to uncover. They don’t present clear symptoms, and that’s why screening is useful. Early treatment often costs much less than waiting too long for a situation to become worse. The “pandemic” provides a stat base over a three year span of approximately 4 million people transitioning “with Covid”. While Non Communicable Diseases (NCDs), aka chronic diseases account for 40 million premature and expensive deaths every year! And, this has been going on for decades.
Attraction and retention of top talent
Corporations with highly-publicized wellness programs rank as the best places for work. And that’s an attractive quality for the best and most experienced job candidates. Employee retention among top performers is also another perk of implementing wellness programs. Happy employees rarely leave their companies.
Lowering of employee turnover
Employee turnover is highest in companies with low trust, engagement, and empathy. Interestingly, money doesn’t matter too much in that regard.
In fact, 90% of employees are willing to do work for less pay, if they feel it’s meaningful. And more than 70% of employees stay in places where they can trust their coworkers and managers. Focusing on the employee experience is vital to your company’s success. It can be simple things like offering healthy snacks at the office. A stunning study showed that 67% of employees would be “very happy” as soon as a healthy food snack bar is added to their workplace. But, more than just healthy snacks, it’s about building a culture where employees feel a sense of belonging, who believe their leaders trust them, and who are encouraged to take time and space to care for their physical and mental health.
Strengthening of psychological safety and social bonds
A wellness program can help strengthen human-to-human bonding by its very nature. Employees get to know their coworkers in more meaningful ways and, over time, they build amazing relationships.
When you implement a wellness program that encourages people to care for each other it binds people together, builds a community, improves employee morale, and increases psychological safety.
This contributes directly to better engagement, productivity, and creativity.
Workforce Wants
People often say that “they want to be happy” or “they want to feel good”. Further probing often shows that there are five main areas that contribute to wellness. In general, employees seek the following:
•Better work-life balance | •Assistance in achieving career goals | •Maintaining health and fitness
•A positive work environment | •Warm relationships with colleagues
Personal Wellness Programs Here: Personal Wellness Program: Tune Up
Corporate Wellness Program Here: Corporate Wellness Uptick: Intro, Corporate Wellness, Uptick: Program, Corporate Wellness, Uptick: Benefits I, Corporate Wellness, Uptick: Benefits II, Corporate Wellness, Uptick: Conclusion
1-1 Coaching Here: 1-1 Coaching
