Most of us work because we have to make a living somehow. 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. Some work in the day, some work at night. Irrespective of the job conditions and timing it is an accepted fact that the health of the employee is very important factor.
Is spending on health a cost effective option?
One huge corporation, Amway, has 3,900 local employees. The company says that for every dollar it spends on fitness for employees, it gets two dollars back in savings. 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. This is because of the time taken by people to change their habits.
On the reverse side of things, those employees how do not participate in some sort of program to improve their health up their healthy costs by close 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. With these points, they can reduce their share of the annual health care costs up to $850. This is an important insensitive in getting employees to buy in to the program. This would also ensure that the employee joins it willingly and not by way of any force.
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. This makes for a better working environment overall.
One employee was unhappy because he had to get a physical until the doctor discovered a serious problem and was able to correct it before it got worse.
It is evident from all this that it is the it would be definitely beneficial for the company in the long run, if they encourage the employees to stay fit, either on their own, or with the help of the company. 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.
Is spending on health a cost effective option?
One huge corporation, Amway, has 3,900 local employees. The company says that for every dollar it spends on fitness for employees, it gets two dollars back in savings. 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. This is because of the time taken by people to change their habits.
On the reverse side of things, those employees how do not participate in some sort of program to improve their health up their healthy costs by close 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. With these points, they can reduce their share of the annual health care costs up to $850. This is an important insensitive in getting employees to buy in to the program. This would also ensure that the employee joins it willingly and not by way of any force.
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. This makes for a better working environment overall.
One employee was unhappy because he had to get a physical until the doctor discovered a serious problem and was able to correct it before it got worse.
It is evident from all this that it is the it would be definitely beneficial for the company in the long run, if they encourage the employees to stay fit, either on their own, or with the help of the company. 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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