Posted by Corporate Wellness | Posted in Corporate Wellness | Posted on 06-10-2008
Corporate Wellness benefits still aren’t self-evident to some executives, even though the research, real-world evidence and cost-benefit analyses are demonstrative. With careful planning, almost every corporation can reap Corporate Wellness benefits.
Part of the problem is that some executives erroneously believe that the Corporate Wellness benefits are mostly on the staff member side. The truth is that Corporate Wellness benefits both the employer and staff member – and according to Employee Health Promotion statistics , the employer stands to gain $2.30 to $10.10 in cost savings per dollar spent. Employee physical fitness saves companies money.
At the same time, health care and insurance costs continue to skyrocket. Corporate Wellness benefits are one of the only ways to cut those costs while helping staff members at the same time. As Karen Roberts, senior vice president with Aon Consulting, said about Corporate Wellness benefits in her address at the 2006 WorldAtWork Total Rewards Conference & Exhibition, “If you can’t afford to invest in wellness this year, you’re never going to afford it.”
Corporate Wellness benefits include helping to prevent cancer, obesity, heart disease and hypertension. It’s rare that companies can cut costs and assist struggling staff members, support families and even arguably save lives. Isn’t that a good thing?
