Take a look around your office for wellness. Which employees would you say are the most productive?
Are they the employees who are mindful of what they eat and seem the least stressed?
Odds are, employees contributing the most to the bottom line are the ones who are the healthiest.
I believe in a healthy lifestyle for myself and family. I’m sure you do, too. So why not build that thinking throughout your company?
If you’re looking for top talent, you’ve got to include a health and wellness package as incentive to work for you instead of your competitor.
Corporate Wellness at CrossFit Fury
Now more than ever, workers are looking for employers who incorporate wellness in the workplace.
“In today’s competitive industries, a wellness program within a company is a big, potential differentiator for your employees,” says Peter Egyed, Owner of CrossFit Fury in Goodyear, Arizona. Fury has offered corporate wellness for the past 10 years and has worked with the local police department on its tactical fitness.
It’s not just about smoking cessation programs and battling the bulge.
This year, American individuals and businesses will spend billions dealing with Type 2 Diabetes which is avoidable and curable thought nutrition and exercise. “The American Diabetes Association released new research on March 22, 2018 estimating the total costs of diagnosed diabetes have risen to $327 billion in 2017 from $245 billion in 2012, when the cost was last examined,” Diabetes.org.
“We have seen that companies who embrace a culture of health, wellness and fitness have happier, more engaged employees with lower healthcare costs. Additionally, our corporate wellness programs focus on team building and unity, contributing to a more effective workforce,” notes Egyed.
ATTRACT THE BEST AND BRIGHTEST THROUGH HEALTH PACKAGES
Today’s top wellness programs include a personalized approached based on an individual’s goals and interests.
“Wellness goals and career development can be combined to create a more positive work environment and successful employees. This idea of collective well-being will not only help support a healthy workforce but will increase a company’s reputation of caring for its employees. Wellness initiatives will begin to include aspects such as learning and development classes, employee recognition and workplace design. For companies looking to increase recruitment and retention efforts, shifting a focus to include collective well-being will help keep current employees happy as well as attract new talent,” Forbes
Lifehack has a great list of the top U.S. companies offering health packages. From paid parental leave to generous vacation packages, you should check out the list.
We especially love Microsoft’s volunteer incentive benefits. “… employees who volunteer can apply for a matching contribution for their donations. There is also a program that recognizes the value of volunteer hours – the company provides a donation of $25 per hour for volunteer time.”
THE COST OF ABSENTEEISM
High-performing employees = Strong financial results.
Stressed, depressed, and sedentary workers rack up record sick days.
Canadian researchers compared obese employees in terms of costs to businesses. These workers are absent from work as much as 13 times more than employees who are not overweight. Statistically, the obese incur nearly 7 times more in costs through medical claims.
Absenteeism doesn’t just affect productivity, unhealthy workers can cause you to lose customers, as well.
Three years ago, the US Centers for Disease Control estimated absenteeism. The cost to employers averages of $1,685 per employee in productivity losses. How? Companies find calling in other employees for training and overtime costs to cover absent workers costs big bucks.
“It is clear that employers can achieve significant cost savings if they can reduce their absenteeism by improving employee health and well-being at work. The fewer sick and injured employees you have making insurance claims, the lower your healthcare costs, including insurance premiums,” Entrepreneur.com
While absenteeism is a problem… so is “presenteeism”. This happens when employees show up for work but are not able to fully focus on the task at hand. It’s not easy to track. Check out one study, in Perspectives: Culture of Health and Financial Well-Being from Willis Towers Watson. It shows presenteeism can cost up to 11 days of productivity per employee each year.
USING SICK DAYS FOR PREVENTATIVE CARE
Corporate Wellness at CrossFit Fury
Preventing illness is much easier than curing illness… and a lot cheaper.
Egyed says, “We have found our most successful companies share the cost with their team so that everyone is bought in. We have seen companies provide physical training during the lunch hour, during the last half hour of shift or as after work deals. The most successful companies also have leaders who are ‘bought in’ to the program and participate with their workforce. In terms of building relationships, there is no better equalizer between a CEO and an intern than gym clothes and the share of a tough workout.”
Flu shots, cholesterol checks, mammograms. Preventative care saves companies money. But, how many sick days are you willing to offer?
“Overall, researchers found a 26 to 85 percent increase in preventive health care use among those with at least 10 or more paid sick leave days compared to those with zero to two paid sick leave days. For the female-focused preventive services, they showed a 55 percent increase in the use of preventive mammography,” Sciencedaily.com
Employees who take advantage of sick days for preventative care bring benefits to the workplace. They may be less likely to bring illnesses, like the flu, to work with them.
Take a look at your business operations. Could you benefit from healthier employees? Seeker Solution
can help you incorporate a plan to boost productivity and your bottom line. Contact us to find out how!