As employee wellness programs continue to grow in popularity, it’s important to consider how you determine return on investment. Traditionally, programs used general data, such as health risk assessments and biometric screenings to determine ROI. Now, more employers are shifting the measure of success to focus on improved employee morale and increased productivity. Happy employees improve workplace morale and create a better company culture. Employees who feel supported at work are much more productive than those who become so stressed out that they start missing work.
Successful wellness programs focus on the “whole” employee, and not only individual physical achievements (weight loss, quitting smoking, increased physical fitness). By broadening the definition of wellness to go beyond physical statistics, employers can see happier employees, higher productivity and greater employee retention rates.
So how can a holistic employee wellness program benefit your company?
Improve Employee Morale
Low employee morale is usually a sign of high stress, low engagement and a lack of exercise. Successful wellness programs focus on the “whole” employee, and not only individual physical achievements (weight loss, quitting smoking, increases in physical fitness). Survey results consistently show employees are more productive when they work for an employer who takes an interest in their health. A recent poll by Refresh Leadership noted that 71% of employees consider benefits package offerings are extremely or very important to their job satisfaction.
Injuries occur more frequently among unhealthy employees with higher risk factors. On site fitness classes such as group exercise and walking groups can increase the physical health of your employees, while health education, such as back care and tobacco cessation classes can help employees make positive lifestyle choices that reduce potential injuries.
When employees are sick or injured and they take time off, companies lose thousands and sometimes millions of dollars on temporary employment and downtime. Wellness programs tend to result in fewer sick days and fewer absences. According to the Health Advancement Research Organization, absenteeism was 27 percent lower for those workers who ate healthy and exercised regularly.
Employees who feel better and are healthier are more productive, which improves your organization’s bottom line. Offering stress management and meditation classes can help promote mindfulness and increase productivity. Recently a Health Advancement Research Organization found that employees who ate healthy and exercised regularly improved job performance 11 percent higher than their peers who were obese.
Improve employee retention and attract talent
Employee turnover is extremely expensive, and wellness programs show employees that their employer values their health. Working for a company who cares about you as a human being leads to increased retention. In addition, offering wellness benefits demonstrates to job seekers how committed you are to the health and happiness of your employees. And the numbers are remarkable. Almost half (45%) of employees at small or mid-sized companies reported that they would stay at their jobs longer because of employer-sponsored wellness programs, according to the latest Principal Financial Well-Being Index.
Want to learn more about how an employee wellness program can benefit your company? Contact Curtis Health today to find out how we can design a program specifically designed to meet the needs of your employees.