Employee wellness programs are slowing becoming a common sight at companies small and large. Wellness programs focus on improving the health of employees. Since participation in wellness functions may improve health, the programs are a bit more than mere perks. Not every company, however, finds it beneficial to institute a wellness program. Executives not sold on wellness programs probably haven’t looked at all the positives. The plans come with great benefits to the company greenlighting them.
Salary alone won’t draw in many top prospects. Likely, top prospects find themselves receiving excellent salary offers from elsewhere. In some cases, money might not even be the prime motivator for a qualified applicant. Would-be employees may look for perks and a welcoming work environment. According to Harver, a wellness program could prove attractive to a top recruiter trying to decide where to work.
Of course, the term “wellness program” can mean many different things. Smoking cessation remains a popular component of the programs, but the appreciation probably comes mainly from people already employed. Recruits would likely react better to access to gyms, lunchtime yoga, weekend fitness excursions, and the like.
Companies that make employees feel appreciated often find staff reciprocating in some way. A wellness program reflects one way to show appreciation. According to Wellable, whether or not a company has an employee wellness program has been shown to correlate with higher instances of employee satisfaction.
Employee satisfaction, in a roundabout way, contributes to employer satisfaction. After all, employers prefer to see high employee retention numbers. Happiness boosts retention. Employee turnover costs a company money, and replacing employees comes with expenses. And then there are opportunity costs associated with turnover. If a wellness program increases retention, consider that a strong endorsement for one.
Employees can’t be productive when they take too many sick days. Wellness programs are shown to cut down on employee absences. With fewer absences, productivity may remain stable. Granted, wellness programs can’t prevent or cure diseases, but they do contribute to improved health and fitness. Healthy and fit people don’t usually become as sick as often as those not caring for their wellbeing. Improved stress reduction may be possible through a wellness program, according to PeopleKeep. Employees who feel less anxious or depressed might focus better on their job. Productivity goes up, and the company benefits as a result.
The positives associated with a thorough and diverse wellness program are vast. Executives should think about those positives and move forward on developing a program that helps themselves by helping their employees.
Matthew King is the owner of the Startup Forums, Alkries LLC, and co-owner at TR King Insurance Marketing. Partner at Independent Life Insurance Agent Association, Medicare Training 101, and Final Expense 101. When he's not creating content about running successful businesses here. He's most likely developing processes, diving into SEO, or gaming with his friends and wife.
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