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Earning for a living is the primary purpose of employment for us. We all have different jobs. A few of these jobs involve working in offices and others outside. Mostly you can find nine to five timing. Then there are daytime jobs and also nighttime. 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?
An example is the multinational company Amway, which employs 3900. 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. This has given her an abundance of energy which naturally had reflected in quality work and increased production for the company. Most companies agree that it takes up to three years to realize cost savings from a program that employees undertake. They say it takes time for employees to learn new behaviors.
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. This program become very successful and the company was able to gain an amount close to a hundred thousand dollars just by reduced premium costs. The bottom line is that this program is very effective. In addition, the company helps pay the employee deductibles.
One unique aspect of the program is that employees can earn wellness points. This will help them reduce their expenditure on health costs by about 850 dollars. 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.
They can combine this program with the overall goals of the company. 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. Furthermore, it also enhances the working atmosphere of the company.
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?
An example is the multinational company Amway, which employs 3900. 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. This has given her an abundance of energy which naturally had reflected in quality work and increased production for the company. Most companies agree that it takes up to three years to realize cost savings from a program that employees undertake. They say it takes time for employees to learn new behaviors.
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. This program become very successful and the company was able to gain an amount close to a hundred thousand dollars just by reduced premium costs. The bottom line is that this program is very effective. In addition, the company helps pay the employee deductibles.
One unique aspect of the program is that employees can earn wellness points. This will help them reduce their expenditure on health costs by about 850 dollars. 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.
They can combine this program with the overall goals of the company. 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. Furthermore, it also enhances the working atmosphere of the company.
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.
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