Happy, healthy employees are the key to a productive workforce, but you already know that. However, despite realizing the link between employee health and a dynamic work ethic, you have yet to institute a company wellness program.
Excluding government entities, 59 percent of employers in all industries offer general wellness programs, according to the Society of Human Resource Management’s (SHRM) 2016 Employee Benefits report. More than half of companies provide these benefits, because they bring serious results. A study by Health Affairs determined that medical expenses drop by roughly $3.27 for every dollar spent on wellness programs, and absenteeism costs declined by approximately $2.73.
Implementing a wellness program can improve your employees’ quality of life, while simultaneously boosting your bottom line, so it’s time to get to work.
How to Start a Company Wellness Program
There’s no one-size-fits-all approach to a wellness program. What works for your competitor might not be a great fit for your company. You have to design your plan around your team.
No one knows more about implementing a successful wellness program than the SHRM, so use these basic steps from the association to get started:
- Set a goal for the program.
- Determine the company’s level of involvement.
- Make a budget and set a target ROI.
- Decide how employees will be rewarded.
- Create program policies and share them with employees.
Watching your employees make healthier decisions motivated by your wellness program will feel amazing. Many people want to improve their health, but need guidance or a little extra push to get started. Whether your initiative helps them quit smoking, shed extra pounds or both, you can make an enormous difference in the lives of the people who power your organization.
Of course, you do need to see an ROI to justify the continuation of the program, so develop measures to ensure careful monitoring. If you find returns aren’t as high as you hoped, make adjustments as needed.
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