We live in the most technologically advanced time in human history. We have greater access to knowledge than any known civilization. The medical advancements we’ve made over the past decade are seemingly unfathomable. Yet, chronic illnesses like diabetes and cardiovascular diseases continue to rise. Why?
Maintaining, treating, and preventing chronic illnesses requires a new approach. To truly make a difference, we must alter the way employees work and live. By encouraging employees to invest in themselves – and giving them the necessary tools – we can make a tremendous impact on the well-being of our employees. And your employees won’t be the only ones to benefit.
Let’s take a closer look at three reasons why your company should add a wellness program for your employees.
It’s the right thing to do
There are some truths that don’t require decades of study, millions of dollars in research, and the use of Pythagorean theorem. Doing the right thing is one of them.
Sure, the statistics are there. When employees are healthy and engaged, companies experience reduced turnover, lower absenteeism rates, and a slew of other favorable outcomes. But that isn’t what this is about – at least not entirely.
It’s about helping your employees live healthy, full lives. It’s about ensuring they have quality of life. It’s about doing everything you can to make certain they can go home to their loved ones. Offering a wellness program is a critical step in that process.
Attract talent
When companies invest in their employees, it shows – and that can make a big difference when it comes to attracting top industry talent. Employees are more likely to make quality referrals to their associates and even favorably review your company on employment sites.
With more applicants than ever expecting employers to offer a wellness plan, this is great news. In fact, nearly 90% of all job seekers evaluate a company’s health and wellness benefits before applying, making wellness programs among the top job benefits for attracting quality candidates year after year.
This is especially true when it comes to attracting and retaining millennial talent, who resoundingly feel companies should be responsible for supporting employee wellness and well-being. Nearly 60% of millennials say that work-life integration and well-being are “very important” when it comes to selecting an employer. Further, the majority of millennials say that additional benefits and perks – like an integrated wellness program – is more important than salary.
Significant ROI
Finally, wellness programs provide a return on investment (ROI) significant enough to make even the most ardent of number crunchers rejoice. According to the Society for Human Resource Management, for every $1 invested, companies yield as much as $6 in healthcare savings.
And that’s just the beginning. When employees start focusing on their own well-being, their employers experience resounding benefits, including:
- Reduced work-related illnesses
- Reduced absences
- Decreased sick pay costs
- Improved retention
- Reduced Workers Compensation claims
Doing the right thing really does pay off.
Next StepS
Are you looking to jumpstart your employee wellness efforts today? That’s great! You can give us a call or send us an email anytime. We’d love to show you how C.A. Short Company can help improve the lives of your employees while boosting your company’s bottom line.
Until next time, be well!
At C. A. Short, we are your partner for increased employee engagement resulting in increased performance outcomes to grow your bottom line. Our process and research-based platform help you engage your team in order to increase your bottom line, motivate your staff to the benefit of the entire organization, and reward your people for the positive changes they make. To request a Complimentary Consultation, please click here.