Still on the fence about implementing a corporate wellness program? Let’s talk facts:

"83% of workers say they’re stressed about their jobs"
"50% say work-related stress is interfering with their sleep"
"13% of employees worldwide feel engaged in their occupation"

Stress, sleep, engagement at work all have a direct impact on productivity in the workplace, affecting the success of any company. Take a step back and ask yourself, “are there similar trends in my company and with our employees?” If so, working with a corporate wellness company may be the right move for you!

As previously stated, corporate wellness programs help educate employers and employees on the importance of health and wellness, while decreasing the rates of absenteeism and presenteeism and increasing productivity in the workplace. Let's explore the meanings of these three terms and how they apply to both the success of your company and the health and happiness of your employees.

Absenteeism is defined as “failing to report for scheduled work” due to personal illness, personal business, or other reasons. The higher the rate of absenteeism, the less productive the employee is, affecting the company’s overall success. The real question is

What are the causes of absenteeism?

Absenteeism could be due to several reasons, including:

• Stress and low morale
• Depression
• Illness
• Injuries
• Lack of motivation

According to the U.S. Census Bureau and the Bureau of Labor Statistics, "the direct financial losses due to absenteeism is to be more than $40 billion a year and additional research suggests that if illness related absenteeism were a line item on a company's profit and loss statement, the cost would probably exceed 15% of profits."

These setbacks can all be improved by changing the habits of employees through proper education of nutrition, physical activity, and mental health, provided by corporate wellness companies. Believe it or not, many people are uninformed on the importance of self-care; corporate wellness programs are here to save the day!

Similarly, presenteeism has a direct impact on the productivity of employees, therefore influencing success of the company. While absenteeism is when the employee is physically not at work, presenteeism is when the employee is at work, but is working in poor health conditions, leading to loss of productivity.

Increased rates of absenteeism and presenteeism merge together having the same result, which is decrease in productivity. Productivity assess the efficiency of the employees, resulting in success or failure of a company AND the rate of healthcare costs. In a study conducted measuring the effects of wellness programs on job satisfaction, it was shown that “employees who have attended the wellness program have higher jab satisfaction on wellness program and job satisfaction, lower perceived stress and absenteeism than those who have not attended the wellness program. Corporate wellness programs make a positive impact on the employees and companies, which is shown through employees expressing higher job satisfaction and a more positive attitude, leading to the reduction in stress and absenteeism.

Absenteeism, presenteeism, and productivity all play a direct role in the success of any company. As an employer, it is vital that you realize the necessity for implementation of a corporate wellness program and how it affects both the quality of life of the employees and healthcare costs of your company.