health articles business management businesses Marketing sales Technology Business finance Lean Manufacturing small business Investing articles employee health

What Will You Gain From Employee Wellness Programs?

competition_34003063.jpg
Are you investing money into an employee wellness program? How do these programs help to benefit your company and what can they do to encourage your employees to start living healthier lifestyles? Many companies that have taken the time to invest in wellness programs see a significant return from their investment in the program. They often see their employees lose a great deal of weight or give up unhealthy lifestyle habits like lack of exercise or even quitting smoking. Whatever it may be, your staff will be encouraged to start leading a healthier lifestyle and they will be able to see that your company is invested in their health and wellness.

Using a wellness program you will be able to acquire great information about the health status of your staff. Typically to start out the program you will work with your insurance company to bring in a team of professionals to come out and do health assessments of your staff. These health risk assessments are great for the employees as they will be able to help them identify things that they need to start working on in order to get in shape and to be healthy. They also help your company to see what type of things you can do in order to help the employees as well. You may find that you are causing health risks to occur like having improper safety equipment or that you are not maintain your equipment in the right way. Not only is the program beneficial for your employees but it is also beneficial for your organization as well since it helps to identify risks and gives you a chance to find ways to prevent these risks and to keep your staff safe. After doing research on employee wellness programs, there are many different things that show up as cost-saving factors for companies. These benefits include the following:
1. Reduced healthcare costs. Healthier employees do not need to use their health benefits as much, which can reduce the amount of money you need to pay out in order to keep the health insurance for the company. This can provide you with a big cost savings and will be able to make it much easier on you to provide health insurance.
2. Reduced employee absenteeism. When people are healthier, they are less likely to take time off. When you do not have people taking as much sick leave, you aren't paying out as much money but you also are not needing to worry about lose in production due to absent employees or forcing your other employees to takeover for the employees that are absent.
3. Decrease in worker's compensation costs. When you do not have workplace accidents and injuries that occur, you have an increase in your workers compensation costs. Using this insurance can cost you a lot of money. This is why it's a good idea to have a good program in place to prevent the accidents so that you don't need to pay as much money in the costs to workers compensation.
4. Decrease in disability costs. Like your worker's compensation costs you will also be able to save money on disability costs as well. People will not need to file claims where they are missing work due to disability.

Awareness of health problems is one of the best ways in which you can focus on preventing them. Having a prevention program in place will allow you to invest money and time into your staff so they can see that you do care about their health and you are focused on helping them to live healthy and active lifestyles!

FREE: Get More Leads!
How To Get More LeadsSubscribe to our free newsletter and get our "How To Get More Leads" course free via email. Just enter your first name and email address below to subscribe.
First Name *
Email *


Get More Business Info
Sponsored Links
Recent Articles

Categories

Copyright 2003-2020 by BusinessKnowledgeSource.com - All Rights Reserved
Privacy Policy, Terms of Use