Posted by Corporate Wellness | Posted in Corporate Wellness | Posted on 29-10-2008
There are a number of reasons why a Corporate Wellness Program is beneficial.
1. Improved Morale – When the organizational culture begins to change as a result the Corporate Wellness Program, you and your employees may actually begin to see and feel a new level of energy within the corporation. Ultimately, one of the most ambitious objectives of any complete Corporate Wellness Program is to attempt to sway the attitudes and actions of the corporation’s most valuable resource — its employees.
2. Decreased Turnover – As we all know, employee replacement costs can be quite high for any kind of business. The effort and expense associated with running employment ads, reading applications, checking references, interviewing qualified candidates, hiring and training a new employee can be a serious burden on any business. In light of the challenges that high employee turnover pose, many organizations are looking to Corporate Wellness Programs as an additional perk that can help to prevent employees from jumping ship.
3. Increased Recruitment Potential – In the midst of a very tight labor market, organizations are forced to pull out the stops in order to recruit new talent. In some instances, Corporate Wellness Programs can prove to be a very valuable tool in sealing the deal.
4. Decreased Absenteeism – When an employee misses work in a business setting, the entire corporation is forced to absorb his/her responsibilities. Even in the event of the occasional absence caused by things like colds and the flu, work can back-up and tensions can build.
Even worse is a long-term absence caused by a major health event that requires hospitalization and/or rehabilitation. By preventing certain types of illness caused by poor lifestyle habits, Corporate Wellness Programs can play an important role in reducing absenteeism.
5. Health Care Cost Containment – Most organizations don’t begin a Corporate Wellness Program with cost containment in mind. However, cost containment for certain health problems should be considered a viable goal by many organizations.
6. Improved Staff Member Health Status – One of the greatest advantages of a well-designed Corporate Wellness Program is the promise of improved health. There is a growing body of evidence that suggests well-designed Corporate Wellness Programs can successfully impact such behaviors as smoking, high-risk alcohol use, seatbelt use and more.