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Organization Benefits
Reduced healthcare costs are one prospective
payout of a well-planned wellness program. There also are non-medical
savings that are triggered when employees are healthier, such as
improved productivity. Up to 50 percent of the costs are non-medical.
The medical expenses are the quantifiable part of the equation. The
more difficult part to quantify is the non-medical expenses, but in the
end, do cost money. Corporate wellness makes a bottom-line impact by helping:
- lower healthcare costs
- reduce absenteeism
- improve productivity
- reduce use of healthcare benefits
- reduce worker's compensation and disabilty management costs
- reduce injuries
- increase morale and loyalty
- enhance benefits offered to employees
- perception of promotion of healthful living
Healthy employees grow prosperous companies.
Sound simplistic? Pie in the sky? It's not. Companies with employee
health programs verify that wellness in the workplace harvests higher
net profits and enhances employee satisfaction. Factors to consider when deciding to institute a wellness program:
- health benefit costs
- employee demand
- privacy concerns
- low return on investment
- inability to measure effectiveness
- managements' effort to support
- program costs
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