Poor employee health creates many problems for the company at large. That’s why many smart businesses are coming to understand the benefits of implementing workplace wellness programs. If you’re on the fence about incorporating a program of your own, keep reading.
Traditional business owners may struggle to see the value in workplace wellness programs, seeing them as a luxury for hip startups. But that’s far from the truth.
Every business can invest in the health of their employees through a workplace wellness program and lower their overall employee healthcare costs in the long run.
With that in mind, here are the benefits of implementing workplace wellness programs at your company.
1. Lessens Healthcare Costs
It makes sense that keeping your employees healthy works out well for your business. After all, it’d be a bit difficult to run daily operations if everyone has the flu.
Keeping everyone healthy keeps you from overspending on medical insurance. And those savings can go a long way in benefiting your business — AND employees.
2. Increased Employee Productivity
Thorough research and analysis show higher productivity among employees who participate in wellness benefits from employers. In such a highly competitive business world, it’s important to function at full-capacity every day.
Imagine what the office would look like if ALL your employees were productive? You can work toward that goal if you’re willing to invest in it.
3. Improved Employee Engagement
When people feel cared about, they engage with the world in a different way. As an employer, gestures of concern for their well-being can go a long way to building a high-functioning team.
Chances are, you want your team to work well together. That means they need to be engaged. What better way than through getting them to bond about health and wellness?
4. Decreased Employee Absenteeism
If you want a productive workforce, it’s important that your employees actually SHOW UP to work. When employees are healthier, more confident, and bonded with the company, they’re going to miss less days.
And research backs this up. In fact, for every $1 spent on a wellness program, studies show that the company saves $2.73 in the long run.
5. Improved Employee Health Behaviors
Unhealthy employee behaviors can cause chaos, poor performance and conflict. It’s important to keep everyone in the right headspace and physical health.
Wellness programs give your team an easy way to stay fit, both physically and mentally. As they continue to invest in themselves, you may notice these negative team behaviors subside. Providing employees with a convenient, affordable way to take care of themselves is just smart.
Successful companies need to invest in their employees’ well-being — it’s only going to become more and more important. Implementing a workplace wellness program is the first step to reaping all the benefits associated with it.