Why Corporate Wellness?Because Your Employees MatterImagine that you own a business with 150 employees and you just signed your new employee health insurance package that increased 22% from last year. In addition, your project timelines are behind schedule due to employee absenteeism and performance, your executive assistant isn’t in again due to health reasons you don’t even want to know about, and the HR department just gave you a less than satisfactory report regarding employee morale. It is imperative that you identify and fix the root cause of these symptoms to get your company back on track, but how do you decide on a solution? A comprehensive corporate wellness program can alleviate many of the direct and indirect causes of these problems. The “Big Why” – it all comes back to the fact that your employees matter. Every business leader knows that at the heart of their successful businesses are talented and productive employees. By being able to align measurable improvement in employee health with the financial needs of the businesses, the long-term needs of both are exceeded. Every day employers are losing money because of poor employee health. It is a crisis of skyrocketing insurance costs, multiplying health care claims, higher absenteeism, and decreased productivity. Since 2000 employment-based health insurance premiums have increase 87% and are predicted to double by 2015. The typical American diet and lifestyle is responsible for the majority of the preventable diseases driving this increase in costs, including 91% of diabetes, 82% of heart disease, and 71% of colon cancer. Now more than ever companies are experiencing shrinking margins and pressures to cut costs in order to preserve their bottom line. Furthermore, in order for employers to retain valuable personnel they are under increased pressure to offer competitive benefits packages. Considering the current costs and the declining health of the general workforce appropriate workplace wellness solutions seem elusive for many employers and employees. |
