The unhealthy behaviors of the United States workforce costs employers an average of $670 per employee annually according to the March 2011 Thomas Reuters Workforce Wellness Index. Despite the fact that the U.S. spends more on healthcare than any other nation in the world, we remain the unhealthiest. This decline is due to the overall population increases in blood pressure, cholesterol, obesity, tobacco and alcohol. Furthermore, preventable illness makes up approximately 90% of the healthcare costs.
Did you know that employee wellness can reduce your Company’s costs?
Its true! Employees who live more healthy lifestyles translate to cost savings for their Companies.
Workplace wellness programs focus on the physical and mental well being of the employees. Wellness initiatives or programs include exercise programs, healthy choices in the employer vending machines, stress management courses and nutrition advice. For small to medium employers, wellness programs can be an option through your health benefits program.
Employers should considered these top 5 reasons for implementing a Wellness Program in their Company
- Controlling Health costs and in Some Cases Decreased Costs
- Reduce Absenteeism
- Increased Productivity
- Reduce Injuries
- Improved Morale, Retention and Loyalty
References; Miller, Stephen (4/20/2011) Declining Health of U.S. Workers is Driving Up Employer Costs. SHRM.org