Wellness Incentives Bring Big Returns

Wellness incentives pay off and they pay off well, according to an article that appeared in Industry Week.
“Companies that are using a health management program are saving $2,850 per employee,” stated the article.  That amount is definitely a wellness incentive for the company.

Wellness Incentives Encourage Employee Health

Companies that are choosing to offer wellness incentives are seeing the benefits to their bottom-line, as well as the ability to keep healthcare costs down for their employees.  Thus wellness programs and incentives offer a win-win situation for any corporation.

According to the article by Adrienne Selko, companies like Nature Sunshine, who doesn’t charge their employees for health insurance and benefits and would like to keep it that way, are asking employees to join their wellness program if they want to continue not paying for their health benefits.

With 95% of their employees enrolled in their corporate wellness program, Nature Sunshine estimates that they have saved $5.5 million in the five years they have had the program.  Not to mention, Nature Sunshine’s employee’s health has improved drastically with a 61% improvement in scores on their health assessments.

Wellness Incentives are Win-Win

Corporate wellness programs have several advantages aside from reduced healthcare expenses for the company and the employee.  Corporate wellness programs also lower employee absenteeism, lead to fewer injuries and fewer worker’s compensation and disability claims, provide better productivity, increases morale and improves employee retention, as well as gives the ability to offer wellness as part of an employee’s overall compensation package.

Wellness Incentives for Happy Employees

The article provided an example of a wonderful employee wellness program that was instilled by Gallatin Steel.  First off, it starts with a Health Risk Assessment and a 50% deduction in health insurance premiums for any employee that takes the health risk assessment.  Next, the company built and offers free to their employees, a jogging track and a 24/7 fitness center that is staffed with a personal trainer.   Finally, the employees are offered a $1,000 per year reimbursable healthy lifestyle stipend to spend on trainers, vitamins, weight loss programs, etc.

Wellness Incentives can Start Today

To begin offering your employees wellness incentives and to establish a corporate wellness program at your company, pick up the phone and call one of our healthcare management representatives.  They can get you started with an evaluation of your company and a free wellness proposal to assist you in you approval efforts.

It really is that simple … really.

Corporate wellness programs improve the bottom line. We here at Employee Wellness USA have always known that workplace wellness programs are beneficial to both employees and management. We’re just glad to see others realizing it as well.

There is a great article in the Kansas City Post this week about how corporate wellness positively impacts a corporations bottom line.

The article points out that corporations are coming around to the realization that a healthier workforce is a more productive workforce. Corporations are beginning to understand that by investing in the health of their workforce, they are actually investing in themselves. According to The American Journal of Preventive Medicine, corporations see a return of 3 to 6 times their investment in health and wellness programs.

Because of this, corporate wellness incentives, such as health and wellness program incentives and disease management incentives are up significantly this year.

Does your employer offer employee wellness benefits? If not, you should discuss these recent statistics showing how a small investment in worker health could actually turn a profit. Employers love hearing about how to make more profit!

If you need help convincing your employer, give us a call. With years of experience working developing employee wellness programs for major corporations, we can offer help guiding corporations to the most beneficial programs available both for the employees and the corporations themselves. We even offer free wellness proposals, so they have nothing to lose!