Most of us work because we have to make a living somehow. We get employment in various jobs. A few of these jobs involve working in offices and others outside. Most of us work a nine to five. Some work in the day, some work at night. Irrespective of the job conditions and timing it is an accepted fact that the health of the employee is very important factor.
The big question arises, is it cost effective?
One huge corporation, Amway, has 3,900 local employees. According to this company it gets back two dollars for every dollar spent on employee's health. What is the justification for this? Most employees who have participated in their wellness plan have lowered their medical and drug claims by eight percent. Some have lost weight. One woman who works for Amway lost 85 pounds in 18 months. She has more energy than ever and that definitely translates to a quality work atmosphere for both her and the company. Most companies agree that it takes up to three years to realize cost savings from a program that employees undertake. This is because of the time taken by people to change their habits.
It is also come to notice that the health expenditure of those employees who do not take part in such fitness program rose up to 23 percent.
Flexco is another firm which has taken the initiative to implement such health oriented program for their employees. Because the program was so successful, this Grand Rapids company was able to move to a high-deductible health program cutting annual premium costs by $100,000. That definitely affects the bottom line. Furthermore, such companies are even willing to spend for the employees
As an incentive, the employees earn wellness points when they join this program. With these points, they can reduce their share of the annual health care costs up to $850. This acts as an incentive for the employees to get enrolled in this. It also helps that the employee is volunteering to get in the program rather than being forced to get in.
This program can be incorporated in the overall strategy of the firm. This would benefit the company in many ways. They have healthy people who are willing to stay healthy and combine that with the goals of the company. This makes for a better working environment overall.
Often employees are unhappy when they are asked to undergo tests for this, but it often helps to diagnose certain deceases before they become bad.
These two examples show that it makes a lot of sense to encourage employees to stay healthy, whether you do it through the company or you encourage them to do it on their own. Some companies even offer free membership to their employees in fitness centers and health groups. The examples shows that you can significantly lower the bottom line when you have healthier employees. This also makes the workplace more congenial.
The big question arises, is it cost effective?
One huge corporation, Amway, has 3,900 local employees. According to this company it gets back two dollars for every dollar spent on employee's health. What is the justification for this? Most employees who have participated in their wellness plan have lowered their medical and drug claims by eight percent. Some have lost weight. One woman who works for Amway lost 85 pounds in 18 months. She has more energy than ever and that definitely translates to a quality work atmosphere for both her and the company. Most companies agree that it takes up to three years to realize cost savings from a program that employees undertake. This is because of the time taken by people to change their habits.
It is also come to notice that the health expenditure of those employees who do not take part in such fitness program rose up to 23 percent.
Flexco is another firm which has taken the initiative to implement such health oriented program for their employees. Because the program was so successful, this Grand Rapids company was able to move to a high-deductible health program cutting annual premium costs by $100,000. That definitely affects the bottom line. Furthermore, such companies are even willing to spend for the employees
As an incentive, the employees earn wellness points when they join this program. With these points, they can reduce their share of the annual health care costs up to $850. This acts as an incentive for the employees to get enrolled in this. It also helps that the employee is volunteering to get in the program rather than being forced to get in.
This program can be incorporated in the overall strategy of the firm. This would benefit the company in many ways. They have healthy people who are willing to stay healthy and combine that with the goals of the company. This makes for a better working environment overall.
Often employees are unhappy when they are asked to undergo tests for this, but it often helps to diagnose certain deceases before they become bad.
These two examples show that it makes a lot of sense to encourage employees to stay healthy, whether you do it through the company or you encourage them to do it on their own. Some companies even offer free membership to their employees in fitness centers and health groups. The examples shows that you can significantly lower the bottom line when you have healthier employees. This also makes the workplace more congenial.
About the Author:
Thanks for reading this post. The author is a workout enthusiast and personal coach. In my spare time, I contribute to the site ssay.
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