Posted by Company Wellness | Posted in Company Wellness | Posted on 17-10-2008
Studies suggest that for every $1 invested in Corporate Health Promotion Programs, a organization saves $3 to $5 in health and safety costs. Organizations that invest in Corporate Health Promotion Programs reap the financial incentives through savings on medical care costs, disability pay, rates of absenteeism, turnover and safety problems.
worksites have already proven to be a great place to promote wellness. After all, people spend more time at work than doing anything else. Eighty-two percent of the U.S. population is linked in some way to a worksite. Therefore, offering Corporate Health Promotion Programs is a great way to reach a substantial number of people in your area.
Corporate Health Promotion Programs in Small Companies
Unlike large organizations, small organizations often lack the resources to provide Corporate Health Promotion Programs to their employees. However, they may be the most in need of such services. Small businesses are the hardest hit by health insurance costs and have the highest rates of substance abuse. Employee well-being and physical or mental illness can also be more disruptive in a small business setting. Corporate Health Promotion Programs in small organizations also makes sense because small firms employ the majority of working citizens.
Regardless of the size of a business, Corporate Health Promotion Programs can pay. Statistically, even if there are only 100 people in a organization:
• 60 sit all day to do their work
• 50 don’t wear their safety belts regularly
• 50 feel they’re under moderate stress
• 35 are overweight by 20 percent or more
• 30 smoke
• 27 have cardiovascular disease
• 25 or more have high cholesterol (over 200 mg/dl)
• 10 are heavy drinkers
• 10 have high blood pressure
• 5 have diagnosed diabetes and another 5 have undiagnosed diabetes
• 7 use marijuana
• 1 uses cocaine
Bottom Line Company Wellness Program Benefits
At least one quarter of the medical care costs incurred by working adults can be attributed to modifiable health risks (e.g., diet, exercise, tobacco use, etc.) Fortunately, there is a way to hold back the trend. Growing research links an individual’s lifestyle behaviors to their health risk.
The good news is Corporate Health Promotion Programs can:
• Decrease medical care costs
• Decrease workers’ compensation claims
• Decrease employee rates of absenteeism
• Increase worker productivity
• Improve employee morale
The bottom line is that Corporate Health Promotion Programs can benefit any size business — small or large.