Most of us work because we have to make a living somehow. We all have different 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?
An example is the multinational company Amway, which employs 3900. The company says that for every dollar it spends on fitness for employees, it gets two dollars back in savings. How do they justify that? One visible result was that the medical claim of the persons who took part in the fitness program went down by 8 percent. Some have lost weight. One woman who works for Amway lost 85 pounds in 18 months. She has more energy than ever and that definitely translates to a quality work atmosphere for both her and the company. It is an recognized fact that such workforce oriented fitness program take as long as three years to start giving returns. This is because of the time taken by people to change their habits.
It is also come to notice that the health expenditure of those employees who do not take part in such fitness program rose up to 23 percent.
Flexco is another firm which has taken the initiative to implement such health oriented program for their employees. 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. In addition, the company helps pay the employee deductibles.
One unique aspect of the program is that employees can earn wellness points. This will help them reduce their expenditure on health costs by about 850 dollars. This is an important insensitive in getting employees to buy in to the program. It also helps that the employee is volunteering to get in the program rather than being forced to get in.
This program can be incorporated in the overall strategy of the firm. This would benefit the company in many ways. They have healthy people who are willing to stay healthy and combine that with the goals of the company. Furthermore, it also enhances the working atmosphere of the company.
One employee was unhappy because he had to get a physical until the doctor discovered a serious problem and was able to correct it before it got 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. Some companies even offer free membership to their employees in fitness centers and health groups. Healthier employees is an essential part of making a business profitable and successful. This makes for a better workplace.
Is spending on health a cost effective option?
An example is the multinational company Amway, which employs 3900. The company says that for every dollar it spends on fitness for employees, it gets two dollars back in savings. How do they justify that? One visible result was that the medical claim of the persons who took part in the fitness program went down by 8 percent. Some have lost weight. One woman who works for Amway lost 85 pounds in 18 months. She has more energy than ever and that definitely translates to a quality work atmosphere for both her and the company. It is an recognized fact that such workforce oriented fitness program take as long as three years to start giving returns. This is because of the time taken by people to change their habits.
It is also come to notice that the health expenditure of those employees who do not take part in such fitness program rose up to 23 percent.
Flexco is another firm which has taken the initiative to implement such health oriented program for their employees. 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. In addition, the company helps pay the employee deductibles.
One unique aspect of the program is that employees can earn wellness points. This will help them reduce their expenditure on health costs by about 850 dollars. This is an important insensitive in getting employees to buy in to the program. It also helps that the employee is volunteering to get in the program rather than being forced to get in.
This program can be incorporated in the overall strategy of the firm. This would benefit the company in many ways. They have healthy people who are willing to stay healthy and combine that with the goals of the company. Furthermore, it also enhances the working atmosphere of the company.
One employee was unhappy because he had to get a physical until the doctor discovered a serious problem and was able to correct it before it got 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. Some companies even offer free membership to their employees in fitness centers and health groups. Healthier employees is an essential part of making a business profitable and successful. This makes for a better workplace.
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