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
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, 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.