Why Employee Wellness is a Priority for your Company Culture
As a company executive or HR director, you are responsible for the success and growth of your organization. Traditionally, that means focusing on financial goals, technological advancements, or innovative marketing strategies to increase revenues. But there's one area that can often be overlooked: the health and well-being of your employees. In this article, we'll explore why employee wellness should be a top priority for your company culture and how it can help you become a Destination Workplace.™
1. It will Improve Productivity & Engagement
A successful wellness program can reduce healthcare costs, increase employee productivity, and improve employee morale. According to the CDC unhealthy employees cost U.S. employers $225.8 billion annually in lost productivity, missed days of work, and increased healthcare costs. Employees who feel their health is a priority for their employer are more likely to feel valued and engaged, leading to a more satisfied and productive workforce.
2. Unhealthy Employees Cost You Money
According to a study by the Journal of Occupational and Environmental Medicine, companies that implemented wellness programs saw an average of $9 in healthcare savings for every $1 spent on wellness initiatives. In addition, employees who don't prioritize their health are more likely to suffer from longer-term chronic illnesses such as diabetes, heart disease, and obesity, which can lead to increased costs over time.
3. Employee Retention Rates will Increase
Job satisfaction increases with healthy employees, who feel better about themselves both physically and mentally in the workplace. This has a direct effect on employee retention rates, reducing attrition in the workforce. According to Zippia, the U.S. loses an estimated $550 billion a year due to unhappy employees. Healthy employees have a higher level of job satisfaction than employees whose companies do not invest in their wellness.
4. It Provides a Strengthened Workforce
Wellness programs can bring a fun element into the workplace, if upper management and senior employees are also actively involved. Your employees need to be challenged. Integrating healthy competition within teams at local walks, runs and while working with nonprofits together in the community can bring that sense of teamwork back into a strengthened workplace.
By taking small steps to prioritize employee health and wellness, your organization gets closer to becoming a
Destination Workplace™ . At CCTS, your company culture is our top priority. We help your leaders build an attractive, purpose-driven culture that people don’t want to leave. Contact us to learn about our leadership development and team-building programs, as well as our signature Leadership & Culture Shift program!
The CCTS Team
Corporate Culture Training Solutions
