Employee Health and Wellness benefits still aren’t self-evident to some executives, even though the research, real-world evidence and cost-benefit analyses are demonstrative. With careful planning, almost every company can reap Employee Health and Wellness benefits.
Part of the problem is that some executives erroneously believe that the Employee Health and Wellness benefits are mostly on the staff member side. The truth is that Employee Health and Wellness benefits both the employer and staff member – and according to Employee Health Promotion statistics , the employer stands to gain $2.30 to $10.10 in cost savings per dollar spent. Employee fitness saves businesses money.
At the same time, medical care and insurance costs continue to skyrocket. Employee Health and Wellness benefits are one of the only ways to cut those costs while helping employees at the same time. As Karen Roberts, senior vice president with Aon Consulting, said about Employee Health and Wellness benefits in her address at the 2006 WorldAtWork Total Rewards Conference & Exhibition, “If you can’t afford to invest in wellness this year, you’re never going to afford it.”
Employee Health and Wellness benefits include helping to prevent cancer, obesity, heart disease and hypertension. It’s rare that corporations can cut costs and assist struggling employees, support families and even arguably save lives. Isn’t that a good thing?
