Long periods spent at home have also meant many are taking less exercise, drinking more alcohol and eating too much. Now is the time to strike while the iron’s hot. Read on to find out why it pays to look after the health and wellbeing of workers.
When it comes to the benefits of good health and wellbeing there’s plenty of compelling data. Studies prove that healthy employees will perform better and be happier. Here are a few more things we know:
A review of over 55 published studies of worksite health programs found that a good workplace health program can lead to 25% savings in these areas:
When a person is happy and healthy at work, they are more likely to be loyal and less likely to be on the look-out for another job. That’s all good for company morale.
It’s also good for business because higher staff turnover is costly. Work doesn’t get done and employers have to spend valuable time recruiting.
Reducing staff turnover means less training time and ensures there are consistent company experts. That can increase overall productivity.
A key goal for businesses should be to help employees adopt healthy behaviors. We know a lot about the causes of raised blood glucose, high cholesterol levels, and high blood pressure. They are almost always related to an unhealthy diet and lack of physical activity.
The trick is to change these eating and exercising behaviors. When this happens correctly, companies are likely to see improvements in health risks within a couple of months. That can have a dramatic impact on the overall well-being of a business.
One of the key causes of poor employee productivity is poor health. Smokers, for example, are almost thirty percent less productive than non-smokers.
Those with an unhealthy diet are two thirds more likely to be less productive than those who eat lots of grains, nuts, fruits and vegetables. Workers who exercise regularly are likely to be 50 percent more productive than those who don’t.
The bottom line is this: unhealthy lifestyles can lead to far higher levels of lost productive work time.
It’s far more likely that a company which has a healthy workforce will become a competitive leader in its field. That means successful turnovers and employees who are full of energy and buzzing with ideas.
When companies invest in the well-being of employees, they’ll see a slowing down of the healthcare cost trend. More often than not they will find that the savings from program participation will offset its cost.
Researchers from Harvard found a staggering return on investment in wellness programs. For every dollar a company spent on a program it saved $3.27 due to reduced healthcare costs.
It’s a fact that healthy employees have a lower rate of absenteeism. It’s thought that around one million workers are off work each day due to stress.
One report found that more than half the 550 million working days lost every year in the USA relate to stress. The same report found that one in five of all last-minute no-shows is because of work related stress.
We know that a healthy diet and regular exercise reduce stress. Sleeping well is another key component to lowering levels of anxiety.
If you can keep your staff fit and healthy, then you have the best chance of keeping stress down along with the absenteeism connected with it.
According to Harvard Business Review, between 60 and 80 percent of all workplace accidents are due to workplace stress. Companies which focus on mental wellbeing will see fewer injuries, absenteeism and stress-related illnesses.
A key benefit of a healthy workplace environment is that it can help develop strong teams and better atmosphere in the workplace. Everyone works better when they know they have plenty of support.
When employees share in a wellness program, they feel they are part of something with a collective benefit. It also makes them feel valued by their employers.
Members of a healthy team are more likely to work better together. That means they’re more prone to sharing skills and knowledge.
Improved health and wellbeing can lead to better relations between management and workers. That could mean that workers are more likely to adapt to changes without dispute. They’ll be less likely too to take legal or industrial action against managers.
The evidence that a healthy workforce will benefit a company is overwhelming. We all need to learn from the COVID-19 crisis. That means it’s time for charge and a fresh look at keeping workers healthy. Let us help.
TrueCare24 is a nationwide Health & Wellness platform for families and businesses providing end-to-end solutions for COVID-19 testing, screening, vaccination, home care, and corporate well-being services.
Contact us now for all your health and wellness solutions.