Why Your Business Needs a Robust Employee Wellness Program

 Why Your Business Needs a Robust Employee Wellness Program

Are you looking for a way to improve your employees’ health?

A robust employee wellness program is the key to keeping your workforce healthy and productive. It can reduce healthcare costs, increase productivity, improve employee turnover, and boost morale.

But it’s not just about saving money on insurance premiums, but also about creating a culture that values health and happiness for every in the company. A healthy workforce means better results for your company. It’s that simple.

Here are 10 reasons why every business needs a robust employee wellness program!

1. Promotes Better Health Within the Workplace

Creating an environment that promotes healthy living encourages staff members to stay on top of their game. By reducing absenteeism due to illness, employers reduce their health care costs associated with lost productivity.

2. Helps Attract New Talent

A strong employee wellness program demonstrates that your business is progressive and committed to promoting overall well-being among its employees. This attracts new talent to your business (particularly Millennials, who are more interested in companies with this sort of program).

3 . Reduced Turnover

Employees are less likely to leave a company where they feel valued and appreciated. If you provide an environment where wellness is prioritized, employees will be more satisfied in their jobs; resulting in lower employee turnover rates (and thus reduced costs associated with finding replacement staff).

4. Improved Morale

Wellness programs that focus on exercise, nutrition, and healthy lifestyle changes can improve health-related risks such as obesity, high blood pressure, and cholesterol levels. By supporting employees in developing better eating habits and encouraging regular physical activity, employers can help maintain positive morale among their team members.

5. Increases Productivity

Employers can see an increase in overall productivity when employees are healthier. By reducing absenteeism due to illness, businesses become better equipped to meet deadlines and complete projects on schedule.

6. Helps Lower Insurance Costs

Wellness programs that focus on health-related risks including obesity, high blood pressure, and cholesterol levels can help reduce employers’ health care costs associated with lost productivity. Staff members with healthy habits are more likely to stay with their current employers for the long term.

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7. Boosts Morale

Employers have seen increased morale among staff members when wellness is prioritized in their business culture. A positive work environment means staff members are spending less time worrying about issues unrelated to their jobs. This boosts overall workplace satisfaction and results in lower turnover rates.

8. Increases Company Loyalty

Employers have found that by prioritizing staff wellness, they are increasing their overall company loyalty among employees. Staff members who feel a sense of ownership and buy-in to their workplace experience will be less likely to want to jump ship, ultimately resulting in reduced costs associated with recruiting replacement staff members.

9. Reduces Absenteeism

By focusing wellness programs on health-related issues, employers can reduce absenteeism due to illness. Decreased sick days mean increased productivity for the business as a whole, as staff members can dedicate more hours towards completing projects and meeting deadlines without having to make up lost time from an illness or injury.  

10. Makes You a Better Place to Work

An employer that puts a focus on wellness in the workplace sends a clear message to employees: “We value your overall well-being.” Highlighting the many benefits of prioritizing employee wellness from an organizational perspective demonstrates that your business is committed to making all staff members feel valued for their contributions, and so is more likely to be considered a “destination” place of employment.

Employers have seen increased engagement with company initiatives, improved morale among team members, and even an increase in productivity when they prioritize staff wellness.   

11. It’s Cheaper Than Not Having a Program!

This one speaks for itself … if you don’t already have a program in place, then will cost you more not to have one. Where do you see your business in 10 years? It’s a win-win situation unless you’re the one who doesn’t prioritize employee wellness!  

12. It Attracts New Talent

Wellness programs are emerging as a way for businesses to stand out in the way for talent. By putting an emphasis on overall well-being, employers are proclaimed to have a strong company culture that is concerned with more than just bottom-line results. This demonstrates that your business is committed to taking care of its employees, and sends a message that it is a great place to work.

Want to Learn More About Building An Employee Wellness Program?

Employee wellness is becoming increasingly more important for companies of all sizes. If you provide an environment where wellness is prioritized, employees will be more satisfied in their jobs. This results in lower employee turnover rates (and thus reduced costs associated with finding replacement staff).

An unwanted benefit to employers who prioritize staff wellness is increased productivity within the workforce. Positive work culture also encourages better morale among staff members, which results in low absenteeism due to illness or injury.

All this ultimately contributes toward reducing employer health care costs, as well as offering a reputation boost for making your company a destination place to work.

By understanding how employee wellness factors into organizational success within today’s workplace, businesses are able to increase their bottom line and make themselves stand out from competitors.

If you enjoyed this article and would like more help with building your employee wellness program, please visit our blog. We have articles on how to increase employee productivity and employee engagement, and how to retain talent.

briellearia

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