Employee Health and Fitness Programs Will Save You Money

Consider the following:

 

Findings from 56 studies of worksite health promotion programs showed an average: 

• ·     27% reduction in sick leave absenteeism
• ·     26% reduction in healthcare costs
• ·     32% reduction in workers’ compensation and disability management cost claims
• ·       $5.81 to $1.00 ROI ratio 

In addition, with Wellness programs you win both ways: 

Michigan Research center estimates that your company can achieve substantial per employee savings when employees with low risk health remain low risk and when high-risk employee health risks are reduced.

The majority of employers with more than 200 employees now self-insure. When an employer self-insures, the company owns the "health-risk" of its population.

Effective prevention, wellness and improvement of the health of your workforce will result in your company increasing bottom line profits. Many experts agree that the current and future spending on employee health is not only unsustainable, but also poses a significant threat to the overall competitiveness of businesses within the global marketplace. 

Here’s a simple road map to build a great wellness program: 

Invite employers everywhere to participate and challenge them to create Healthy Moments, form Healthy Groups and then develop a timely Culminating Project. 

Healthy Moments are focused on the individual, and are occasions of healthy eating, physical activity or personal/environmental health. ​​ 

Healthy Groups are small groups of employees formed to create  sustainable activities throughout the year.​

Culminating Project is an event or series of events that promote health through the whole company or community. ​

Gift cards are arguably the easiest to use, most cost effective award to use in wellness programs.  They also provide exactly what your employees want. 

Following are some ways companies have used gift card awards to achieve objectives: 

• ·       Increase Program enrollment
• ·       Completing health assessments
• ·       Encourage class involvement
• ·       Achieve weight loss
• ·       Improve smoking cessation
• ·       Increase exercise
• ·       Complete program milestones
• ·       Encourage better reporting
• ·       Increase the use of fitness trackers
• ·       Help employees form “healthy groups”
• ·       Encourage sharing healthy eating recipes 

Wellness programs benefit employees by lowering stress levels, increasing well-being, increasing self-image and self-esteem, improving physical fitness, increasing stamina, increasing job satisfaction, and controlling BMI and blood pressure. 

If you don’t have a wellness program, start one today and watch bottom line profits increase.