The benefits of a corporate wellness program are far beyond making the employees happy and productive to work every day. There are also advantages to the company’s finances that you may not readily realize. And this article will tackle how happy employees could make your business flourish.
A corporate wellness program aims to improve the psychological and physical health of the workers. This is done through various activities that encourage fitness, good habits, and a positive disposition.
All these seem to benefit only the employees but in hindsight, the business becomes more profitable.
To understand this better, here is a list of benefits that a corporate wellness program that both employees and employers can enjoy.
Psychological Health Benefits of a Corporate Wellness Program
Boosting the engagement and morale of the staff is one of the core goals of an effective corporate wellness program.
A good staff is an asset to an organization. And when you invest in them, they perform better.
Happy employees are more productive, says a study by the University of Oxford. A productive workforce gets more things done in a shorter amount of time. And this gives more value to a business where output and time matter.
A high turnover rate is costly. Did you know that in the US, a company would spend around $4000 and 24 days to hire a new employee?
You could have done something more worthwhile in those days. The money could have been spent to add more value to the company. Also, the time needed to train a new employee is not yet added to the equation.
The good news is that you can avoid this hassle through an effective corporate wellness program. Workers become happier. And this leads to a lower turnover rate.
In this fast-paced world, businesses must be flexible to sudden changes to thrive even under the worst circumstances. And this is achievable when workers can adapt well and perform under pressure.
Burnouts are detrimental to workers. Productivity suffers, quality worsens, and engagement dips.
Fortunately, corporate wellness programs are applicable to both the employees’ work and personal life. These are effective in shaping the employees’ resilience when faced with any type of problem.
Physical Health Benefits of a Corporate Wellness Program
Not just mentally tough employees can help with your business. Having physically healthy ones is good for the bank account, too.
Absenteeism is also an issue that you must avoid. If the workers get sick often because they are not healthy, then, your business may suffer.
But when workers are physically healthy, then, you can expect them to show up for work. And this sustains your operations.
Lower medical costs
The sedentary lifestyle being led by employees, usually in office-based work, is costly since the lack of physical activity may lead to chronic health conditions such as obesity, hypertension, and heart attacks, to name a few.
While employers offer health insurance to their employees, it is important to keep the costs down by encouraging physical activity and healthy eating habits through corporate wellness programs.
Ready to Reap the Benefits of a Corporate Wellness Program?
There are many ways that the benefits of a corporate wellness program manifest in the organization. While these may entail costs, the advantages outweigh them.
Managing a corporate wellness program well is a must to maximize these advantages with optimal costs. Give wellness.work a try and see how a centralized app can help you with this.