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Does Corporate Wellness Matter?
In 2022 a survey of employee benefits conducted by the Society of Human Resource Management; health related benefits ranked very important or extremely important with 88% of employers. Corporate wellness programs are an increasingly popular way for companies to promote the health and well-being of their employees. Designed to encourage healthy habits, reduce stress and boost productivity, all of which can have a positive impact on a company's profitability.
When delivered efficiently, the benefits a company can achieve from implementing a wellness program includes:
Increased productivity: healthy employees are more likely to be productive employees. Studies have shown that employees who participate in workplace wellness programs tend to have higher levels of energy, better focus, and improved concentration; leading to higher levels of productivity.
Lower health care costs: corporate wellness programs can help reduce healthcare costs by promoting healthy habits and reducing the risk of chronic conditions such as heart disease, diabetes and obesity.
Improve employee morale: when employees feel good physically and mentally, they are more likely to be satisfied with their job and to be more engaged with their work. Therefore helping to foster a positive work environment, increasing employee morale and job satisfaction.
Increased retention: companies that invest in the health and well-being of their employees are more likely to retain their top talent. Employees who feel valued and appreciated are more likely to stay with a company which can reduce recruitment costs and benefit overall company stability.
Better employee relations: corporate wellness programs can help build stronger relationships between employees and their employers. By promoting healthy habits and encouraging employees to take care of their health, companies can foster a sense of camaraderie and teamwork leading to better overall employee relations.
Corporate wellness programs are a valuable investment for companies looking to promote the health and well-being of their employees while improving their profitability. Whether a company is looking to improve productivity, lower health care costs, increase employee morale, retain top talent, or build better employee relations, a wellness program can help achieve these goals.
Full Health Medical provides the platform to deliver a customised, streamlined corporate wellness programme, providing employees with a personalised easy to understand report and employers with aggregated anonymised health and wellbeing insights. Coupled with the technology automation, our partners can significantly reduce their cost base and offer corporate wellness programmes at very competitive rates.