Corporate Wellness Plan – Corporate wellness is a growing trend in the Australian business world. For companies to succeed, their employees must be able to reach their potential and work in a healthy and stress-free environment. Organizations that have implemented wellness programs have achieved significant results for employees and the company as a whole.
In addition, wellness programs allow employees to make positive changes in their workplace lifestyle and behavior. If you’re considering making positive changes in your workplace, be sure to read the following checklist to help you understand the importance of implementing a well-designed corporate wellness program.
Corporate Wellness Plan
The core of any corporate wellness program should be focused on educating and motivating employees to adopt a set of best practices. When done right, corporate wellness programs can help employees and their families avoid serious health risks associated with chronic diseases like diabetes, high blood pressure, and heart disease.
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Healthcare costs increase the financial burden on individual employees and the company they work for. Since corporate wellness programs have been proven to successfully reduce corporate healthcare costs, they can be extremely beneficial to your business’s bottom line. Remember, these kinds of costs add up over time, so any savings you can make will have a big impact on the life of your business.
Studies have proven that healthy employees are more productive in the workplace. It’s really that simple. By increasing your employees’ focus, energy levels, and sense of accomplishment, a corporate wellness program can be a cost-effective way to increase overall productivity.
Health concerns are a major cause of employee absenteeism in various industries. Whether it’s something as minor as the flu or something as serious as heart disease or depression, unhealthy employees often take time off. This can negatively impact productivity and hurt your bottom line.
A good corporate wellness program can help significantly reduce absenteeism related to physical and mental health issues.
Benefits Of Corporate Wellness Program
When you invest time and money into implementing a corporate wellness program, you effectively communicate to your employees that you care about them and are committed to helping them succeed. In addition to having a positive effect on health, this care helps to increase employee morale and satisfaction and promotes a happy and productive work environment.
Corporate wellness can sometimes be seen as a “soft” or “junk” use of budget, but improving employee health and well-being can have a positive impact on your bottom line. Contact us today to learn more about how we can help your business reach its full potential.
As a freelance writer, I love the flexibility of working anywhere in the world and all the opportunities it brings. Not many people enjoy going to the gym on a Friday after a long work week. However, as more and more people sit in sedentary office jobs throughout the week, the need for exercise as a daily health regimen is ever-increasing. So if employees are too tired to hit the gym after work, why not bring the gym into the office?
The rising cost of health care in the United States is a result of the poor health of the population. As of 2012, 117 million Americans had at least one chronic disease. Chronic diseases account for 75% of all health care costs and 70% of deaths in the United States. According to the CDC (Centers for Disease Control), two of the most common chronic diseases are obesity and depression, with the former accounting for nearly 29 million Americans with diabetes and another 86 million with symptoms of prediabetes.
What Makes Corporate Wellness Programs Successful?
The bottom line in this matter is that health affects work, and work affects health. The American workforce is becoming more health-conscious, and employers are looking for ways to reduce overall health-related costs. One of the best solutions is to invest in evidence-based, well-designed and comprehensive workplace wellness programs. Improving employee health can control business costs and protect, support and improve employee well-being and satisfaction. Business leaders understand that the health of their employees is closely related to their success. “From a business perspective, employer involvement must be consistent with the organization’s values and the financial value of the investment. However, when the investment is for a company’s most important resource, its people, there are additional benefits beyond financial gain.”
The first study to track the stock market performance of companies that demonstrated commitment to health, safety and environmental initiatives found that they outperformed the S&P 500 from 1997 to 2012. Although correlation is not the same as causation, this research shows that companies that pay more attention to the health and safety of their employees can be more valuable to their investors and increase their competitive advantage.
So, should your business consider implementing a wellness program? This is possible because the benefits to owners and employees usually outweigh the costs of implementation. Employers have a unique opportunity to create a culture of health and wellness in the workplace and positively impact the health and wellness of their employees.
Check out some of the corporate wellness centers we’ve had the pleasure of working with over the years:
Aci Specialty Benefits Strengthens ‘core’ Wellness Program
For full links to the research and statistics used in this article, see the American Chamber of Commerce’s “Winning with Prosperity” report. If you’re interested in getting started on your healthcare building journey, contact us for a free consultation. This ongoing pandemic is changing many things for employers and employees, including workplace health trends. Free healthy food in the office fridge and fitness classes may not be the most important perks on offer this year. So what are the workplace wellness trends?
According to Wellable’s 2021 Industry Trends Report, mental health is on everyone’s minds this year. Nine out of ten employers plan to invest more in this area, so they are better equipped to manage this part of their employees’ well-being.
Before the pandemic, a majority of Z and Millennial workers — 91% and 85%, respectively — said employers should have a workplace mental health policy, according to a survey commissioned by Zapier.
It’s no surprise that interest in employee mental health has grown even more this year. The pandemic has had a major impact on people’s working conditions, often leading to stress and/or anxiety.
Corporate Wellness Increasing The Step Count At Work
For education workers, the fact that they have to work full-time from home has created feelings of loneliness and, as the pandemic has progressed, sometimes even depression.
Working from home has also blurred the lines between our personal and professional lives, as many of us (unknowingly) worked long hours, never switching off, opening the door to burnout.
For essential workers (people who work in the health sector, but also those who work in supermarkets, for example), the covid crisis has meant that they are faced with sudden illness and death every day.
In other words, stress levels were too high for many workers to put pressure on people’s mental health.
What Is A Corporate Wellness Program? (and How To Create An Effective One)
What are the benefits of mental health? There are many possibilities, but here are a few examples. The options vary from:
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Mental health, telemedicine and stress management are three of the wellness solutions employers will invest more in in 2021.
In short, telehealth is the delivery of health care services, medical education, and medical information services through remote technologies. This includes, but is not limited to, remote patient-to-patient communication, care, counseling, monitoring, and remote admissions.
Great Examples Of Workplace Wellness Programs
This is another trend in workplace wellness that is not surprising. According to the same Wellable report, 87% of employers, including 90% of small companies, plan to invest more in telehealth this year.
Since this epidemic is still in many countries, telehealth can be a good solution for health workers and patients. Instead of wearing masks, following social distancing rules and travel restrictions, and regular hand washing, people can make regular appointments with their health care provider.
Across different aspects of the employee well-being spectrum, we see an emphasis on personalization. Examples include health coaching, on-demand fitness classes, and subscription services.
Privatization made sense before the Covid-19 hit, but now that so many employees are working remotely, it’s not easy.
Blog Posts For Improving Mental Health & Well Being At Work
Consider, for example, on-demand fitness classes and self-care subscriptions. More than 53% of employers plan to invest more in these types of employee benefits this year.
Try our requirements tool to determine the direction you want to take based on your HR career goals and strengths.
Both options allow employees to choose which health and wellness plan best suits their interests and needs.
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