Earning for a living is the primary purpose of employment for us. We get employment in various jobs. A few of these jobs involve working in offices and others outside. Mostly you can find nine to five timing. Then there are daytime jobs and also nighttime. 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. How does this work? Most employees who have participated in their wellness plan have lowered their medical and drug claims by eight percent. Many of them become slimmer and fitter. A lady employee claimed that in 18 months, she reduced 85 pounds. Her coworkers claim she has more energy and a better outlook at work. These programs take time to do their magic, typically 3 to 5 years. Getting people to change their ways takes some time.
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.
Another case study can be found at Flexco. Because the program was so successful, this Grand Rapids company was able to move to a high-deductible health program cutting annual premium costs by $100,000. That definitely affects the bottom line. They are able to add extra benefits like paying healthcare deductibles which can attract new employees.
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 incentive in getting employees to buy in to the program. Using the carrot versus the stick helps enrollment.
Many companies integrate this to their overall strategy. This integration helps the company overall. They have healthy people who are willing to stay healthy and combine that with the goals of the company. Healthier employees also tend to create a more positive attitude. Many employees change their minds about preventative care when it spots a problem before it gets worse.
These two examples show that it makes a lot of sense to encourage employees to stay healthy, whether you do it through the company or you encourage them to do it on their own. Other companies have had success giving their employees free membership to weight watchers online. Healthier employees are an essential part of making a business profitable and successful. You also get a better work environment.
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. How does this work? Most employees who have participated in their wellness plan have lowered their medical and drug claims by eight percent. Many of them become slimmer and fitter. A lady employee claimed that in 18 months, she reduced 85 pounds. Her coworkers claim she has more energy and a better outlook at work. These programs take time to do their magic, typically 3 to 5 years. Getting people to change their ways takes some time.
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.
Another case study can be found at Flexco. Because the program was so successful, this Grand Rapids company was able to move to a high-deductible health program cutting annual premium costs by $100,000. That definitely affects the bottom line. They are able to add extra benefits like paying healthcare deductibles which can attract new employees.
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 incentive in getting employees to buy in to the program. Using the carrot versus the stick helps enrollment.
Many companies integrate this to their overall strategy. This integration helps the company overall. They have healthy people who are willing to stay healthy and combine that with the goals of the company. Healthier employees also tend to create a more positive attitude. Many employees change their minds about preventative care when it spots a problem before it gets worse.
These two examples show that it makes a lot of sense to encourage employees to stay healthy, whether you do it through the company or you encourage them to do it on their own. Other companies have had success giving their employees free membership to weight watchers online. Healthier employees are an essential part of making a business profitable and successful. You also get a better work environment.
About the Author:
The author is a contributor to megacopanies.blogspot.com where all of us discuss different work as well as outside. Check out each of our most recent resource on holiday jobs as well as pay for dog walking .
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