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Why Is Corporate Wellness Important?

Before we dive deep into learning the importance of corporate wellness 👩‍⚕️, let’s take a look at some facts:  1. The top two chronic conditions that increase healthcare costs every year are obesity and depression  2. More than 50% of Americans have high cholesterol  3. 45 million sick days taken all over the country can […]

Written By Sarah Mooney

On April 14, 2020

Dedicated wellness expertise each step of the way.

Before we dive deep into learning the importance of corporate wellness 👩‍⚕️, let’s take a look at some facts: 

1. The top two chronic conditions that increase healthcare costs every year are obesity and depression 

2. More than 50% of Americans have high cholesterol 

3. 45 million sick days taken all over the country can be avoided 

4. Employers lose anywhere between $1,900 and $2,250 per employee 👩‍💻 because of health issues 

Today, as an employer, it’s time to step up the game 🎮 and ensure that your employees look after their mental and physical well-being. And, corporate wellness programs are aimed at doing this. These programs are not simply for promotional purposes but have so many advantages associated. Some of them are:

  1. It Increases Productivity: People who have health issues find it increasingly difficult to focus. When the employee does not feel well 🤧, it not only results in being absent but they also aren’t delivering their best work. This pattern leads to 2 times more loss than the direct healthcare cost paid by the employer. When people exercise 🏋️‍♂️ regularly, it releases endorphins which help improve their productivity. It also keeps them alert and generally happy, which makes them more energetic. 
  2. It Improves Company Reputation: Did you know by this year, millennials 🙋🏻‍♀️ would contribute up to 50% of the total global workforce? And the way millennials look at the workplace is different than previous generations. More than monetary compensation, they also like flexibility and job security. To attract top talent and young people, an employer must showcase how much they value their employees beyond their business needs. If you do not have compassion towards the physical and mental conditions of the employees or do not have the policy to support them, it can quickly diminish your reputation. But, if you do, then the word can quickly spread. 
  3. Reduces Healthcare Costs: Healthcare costs rise every year. This can put a huge dent on companies 🏢, whether big or small.  And eventually, these costs get passed on to the employees, and their deductibles get higher. Corporate wellness programs trigger healthy behaviors in employees, and their need for healthcare treatments drastically reduces. Their chronic diseases will be under control, and other health issues do not crop up frequently. 

Now that you are aware of the benefits of a corporate wellness program, it’s also important to understand that, unless it is designed properly, it cannot be successful at every organization. A wellness program does not mean giving away gym memberships, healthy snacks, conducting one to one meetings, or sponsoring a marathon 🏃‍♀️. These are generic, and one size does not fit all. 

The first step is to plan the program correctly. Instead of rushing to make a decision, take time to understand your employees’ needs and create specific objectives. Consider involving a few employees to understand their requirements. This will also be helpful when it comes to spreading the program. 

When you create a corporate wellness program, don’t try to be negative or criticize their health 🥗. Be simple and straightforward. If it’s complicated to understand, a lot of people give up midway. Also, it gives a negative impression to your employees. Like any policy, a wellness program takes time to become effective, all the more because it depends person to person. But, don’t stop midway because it has not reaped any monetary benefits. A minimum of 18 months is required to measure if the program is successful. After the deployment of the program, keep checking how it’s running. This can help you add or reduce any programs depending on its popularity. 

Last but not least, give respect to the privacy of the employee. Some people are not comfortable sharing their health history. Assure them that it is not out in public, and only for their well-being purpose.

Ready to get started? LEON helps companies understand how their employees choose to engage in wellness; from personal preferences, goals, personality type, all the way to detailed wellness assessments, and we use this data to both curate and recommend bespoke wellness “playbooks” for companies to enable for their employee base.

Let the word corporate wellness be fun and fulfilling rather than formal and boring.

Dedicated wellness expertise each step of the way.