September 18, 2017
Corporate Wellness Programs matter to both employees and employers. A healthy employee is happier and more productive, which reflects well on the business and keeps everyone satisfied.
The Business-Side Benefits of Employee Wellness
Health and wellness is a personal thing, clearly benefiting the individual more than anyone or anything else. But the advantages of having a corporate wellness program and having healthy employees extend far beyond the employee-side benefits. Businesses gain from putting employee wellness first. Here are some of the specific benefits:
These are just a few of the business-side benefits of an investment in corporate wellness programs, but they show the impressive return a health and wellness program can bring to the organisation.
The Key to a Successful Program Launch
According to the Harvard Business Review report, organisations with programs that are deemed as having “low effectiveness” experience volunteer attrition rates of 15 percent, while companies with “highly-effective” programs see, on average, just 9 percent voluntary attrition. Specifically, software company SAS Institute has seen voluntary turnover drop from 19 percent in 2005 to just 4 percent.
In other words, if you’re going to invest time, energy, and resources into developing and launching a corporate wellness program, you have to focus on a successful launch and execution and ensure your employees have input into the programs on offer.
The Wellness Union can assist you in selecting the right corporate wellness programs for your team. Contact us for further info