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Caring for Your Employees' Health Can Leave Your Company in a Healthier Place

04/05/2016

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Leave Your Company in a Healthier Place

One of the best things you can do for your company is to care for the health and well-being of your employees. Along with investing in your employees’ professional development, creating a workplace health program also demonstrates that you care for your employees, which leaves them more likely to return the investment. Here are three ways that a workplace health program can benefit your company. 

1. Control Healthcare Costs 

Investing in your employees health can reduce health care costs and insurance claims. Employees with high risk factors (overweight, smoking, diabetes, etc.) actually cost more to insure, and because of this, they have to pay more for healthcare than those with fewer risk factors.

A workplace health program has the potential of reducing high risk factors in employees and keeping lower risk employees in the “safe zone” by promoting and maintaining a healthy lifestyle. According to the CDC, a systematic review of 56 published studies of worksite health programs showed that well-implemented wellness initiatives can lead to 25% savings on absenteeism, healthcare costs, workers’ compensation, and disability management claims costs.

2. Increase Productivity

Establishing a workplace health program can also increase productivity. In general, healthier employees are more productive. Healthier employees are less likely to call in sick or use vacation time due to illness.

Companies that support a workplace health program also have a greater percentage of employees at work each day. Healthy men miss an average of three days per year, whereas unhealthy men miss an average of five work days per year (a 56% increase). Healthy women miss an average of about three work days per year, whereas unhealthy women can miss anywhere from about four to eight work days a year, depending on the severity of their health issues. Workplace health programs often carry over into an employee’s family life by promoting exercise and healthy cooking. Because of this, healthy employees tend to miss less work from caring for ill family members. 

3. Boost Morale

Companies that support their employees' health and well-being may also have a competitive hiring advantage over those who do not place as high of an emphasis on workplace health. Innovative workplace health programs can be used as a leveraging tool when recruiting  talent. Workplace health programs that are created with the needs, risks, and interests of employees can also improve the retention of current workers and create long-term employee loyalty to the organization. Workplace wellness initiatives also send the message that you actually care about your employees and are serious about keeping them in good health. 

Creating a healthy work environment benefits both you and your employees. It keeps healthcare and insurance costs low, while raising employee productivity and morale.

Sources: CDC: Workplace Health