We Keep Your Team Motivated to Achieve their Goals
So your team is pumped up and ready to adopt healthy lifestyle habits. That is great news! But, we are all human. Old habits die hard. How many times have you made a New Year’s Resolution and kept it for a week before reverting back to your old ways?
Ensuring Success of Your Wellness Program
To ensure success of any corporate wellness program, participation from the employee is essential. The employee’s areas of concern are increasing contributions to health care costs and possible loss of health care coverage.
Implementing the Program
Here’s a list of programs to offer in conjunction with a Corporate Wellness Program:
Keep pure water in site, and in mind
Offer distilled or reverse osmosis filtered water to employees (preferably in 4 gallon dispensers rather than individual bottles – more cost effective and environmentally sound). Offer tea in addition to coffee, and encouraging decaf coffee rather than caffeinated, as well as healthy alternatives (e.g. stevia) to sugar and artificial sweeteners.
Introducing The NutriScience Corporate Wellness Programs
The NutriScience Corporate Wellness program is based on the latest cutting-edge innovations in human biochemistry and exercise physiology research. The nutritional component of the program focuses on choosing the right food as fuel, and the powerful effect that food has on energy level, weight management, and performance.
The theoretical underpinning is an understanding of the blood sugar and inflammation pathways, the effect of the three macronutrients (namely protein, fats, and carbohydrates) on the body’s blood sugar and hormonal balance, as well as the resultant effect on energy, fat storage, hunger, mental and emotional state, stress, and disease prevention.
Corporate Wellness Return On Investment (ROI)
What is the cost-to-benefit analysis of a Workplace Wellness Program?
For many companies, medical costs can consume half of corporate profits or more. It is common now for employers to utilize cost sharing, cost shifting, managed care plans, risk rating, and cash-based rebates or incentives. However, these methods only shift costs. Workplace wellness promotion stands out as the long-term answer for keeping employees healthy and at less risk of disease.
Recently, public and private efforts and programs are increasingly designed to promote healthy behaviors. Employers are becoming more aware that overweight and obesity, lack of physical activity, and tobacco use are adversely affecting the health and productivity of their employees and ultimately, the business’s bottom line. As a result, innovative employers are providing their employees with a variety of work-site-based health promotion and disease prevention programs. These programs have been show to improve employee health, increase productivity, and yield a significant return on investment for the employer. For example, a recent review of health promotion and disease management programs found a significant return on investment for those programs, with benefit-to-cost ratios ranging from $1.49 to $4.91(median of $3.14) in benefits for every dollar spent on the program. Several major companies with award-winning cost-saving health promotion disease prevention programs include:
Not only do individual Americans have the power to effect dramatic change in their personal health status, but also the health statistics of the nation.
Cost and Benefit Ratio of the Energyfirst Wellness Program
The benefits of the EnergyFirst program corporate clients have recognized include reduced sick days, fewer health care claims, as well as improved productivity, and improved morale and loyalty.
Cost of Absenteeism
To consider the benefits of such a program, consider the affect on the cost of absenteeism for a company of 150 employees.
A recent survey showed that the average rate of absenteeism on any given day is approximately 2.5% i.e. approximately 4 employees absent out of 150 total employees
The cost of a sick day is calculated as (salary + 30% employer costs) divided by 240 working days
Let’s assume the average wage in our example is $40,000 per year.
The employer’s average cost of a sick day is calculated as: ($40,000 + $12,000) = $217 per day divided by 240.
Let’s also assume there are 4 absences a day (per the aforementioned survey):
$217 X 4 = $868 per day X 240 (working days) = approximately $208,000 per year or $1,387 per employee per year, based on 150 employees.
The average cost of absenteeism is $1,387 per employee per year.
Based on other company’s previous experience with the program the anticipated reduction in absenteeism would be approximately 17.5%, amounting to savings of $243 per employee, per year.
Reap the Rewards of Corporate Wellness
It’s no longer a matter of speculation. Consistent with the newly emerging work site wellness literature, there are tangible benefits associated with work site wellness programs.
Improved Professional Image
80% of communication is non-verbal. With an energized and healthy team, your customer service and sales staff will feel better about themselves and be more effective.
The key to productivity is energy. People who are healthy and high-energy are 40% more productive than unhealthy people.
As the organizational culture begins to change as a result of your health promotion efforts, you and your employees may actually begin to see and feel a new level of energy within the organization. Ultimately, one of the most ambitious goals of any comprehensive health promotion program is to attempt to influence the attitudes and actions of the organization’s most valuable resource – its employees.
Employee replacement costs can be quite high for any kind of business. The effort and expense associated with running employment ads, reading applications, checking references, interviewing qualified candidates and hiring, and training a new employee can be a serious burden on any business. In light of the challenges that high employee turnover poses, many businesses are looking to health promotion programs as an additional perk that can help to prevent employees from jumping ship.
Increased Recruitment Potential
In the midst of a very tight labor market, businesses are forced to pull out the stops in order to recruit new talent. In some instances, health promotion can prove to be a very valuable tool in sealing the deal.
When an employee misses work in a business setting, the entire organization is forced to absorb their responsibilities. Even in the event of the occasional absence caused by things like colds and the flu, work can back-up and tensions can build. Even worse is a long-term absence caused by a major health event that requires hospitalization and/or rehabilitation. By preventing certain types of illness caused by poor lifestyle habits, health promotion programs can play an important role in reducing absenteeism.
Lower Health Care Costs
Healthier employees make fewer health care claims.
Improved Employee Health
One of the greatest advantages of a well-designed health promotion initiative is the promise of improved health. While not conclusive, there is a growing body of evidence that suggests that well-designed health promotion initiatives can successfully impact such behaviors as smoking, high-risk alcohol use, exercise, nutritional habits, and stress.
Bottom line, you and your organization will make more money!