A corporate wellness program can save your business a lot of money, in health insurance costs and in increased productivity.
The CDC predicts that 86% of Americans will be obese or overweight by 2030, and 1/3 of healthcare costs will be due to this weight gain. These individuals will experience chronic health conditions and miss an estimated 450 million days of work a year, amounting to $153 billion in lost productivity per year.
This doesn’t even take into consideration the overweight and obese individuals who come to work but are far less productive due to their chronic health conditions.
A corporate fitness program is so much more than just a nice perk, it is a worthy investment in the future of your company.
The CDC predicts that 86% of Americans will be obese or overweight by 2030, and 1/3 of healthcare costs will be due to this weight gain. These individuals will experience chronic health conditions and miss an estimated 450 million days of work a year, amounting to $153 billion in lost productivity per year.
This doesn’t even take into consideration the overweight and obese individuals who come to work but are far less productive due to their chronic health conditions.
A corporate fitness program is so much more than just a nice perk, it is a worthy investment in the future of your company.
Benefits of Corporate Fitness Programs:
- Cost Savings
Companies save an average of $3.27 for every dollar spent on employee wellness programs.
- Increased Productivity
Employees who participate in wellness programs have been shown to be 12% more productive.
- Decreased Sick Time
Companies that implemented a wellness program experienced a 25% reduction in sick leave.
- Increased Workplace Satisfaction
69% of employees say that a wellness program positively affects their overall job satisfaction.
- Reduced Healthcare Costs
Companies that implemented a wellness program experienced a 28% reduction in healthcare costs.
- Improved Employee Retention
Companies with wellness programs experience 20% lower turnover rates than companies without them.
- Enhanced Employee Morale
80% of employees feel that wellness programs improve their company culture.
In summary, incorporating a corporate wellness program into a business can have several positive effects, including cost savings, increased productivity, decreased sick time, increased workplace satisfaction, reduced healthcare costs, improved employee retention, and enhanced employee morale.
According to the statistics cited above, wellness programs can improve employee retention by 20%, and 80% of employees feel that wellness programs improve their company culture.
According to the statistics cited above, wellness programs can improve employee retention by 20%, and 80% of employees feel that wellness programs improve their company culture.
Sources:
- Harvard Business Review: What’s the Hard Return on Employee Wellness Programs?
- American Journal of Health Promotion: The Effectiveness of Worksite Wellness Programs in Improving Overall Health
- Rand Corporation: Workplace Wellness Programs Study
- Forbes: The Top 10 Most Surprising Benefits of Employee Wellness Programs
- Virgin Pulse: How Employee Wellness Programs Boost Employee Morale
For more information about setting up your own corporate fitness program in the Los Angeles area, contact me here.
Offering:
- On-site fitness facility design
- On-site fitness programming
- On-site personal and small group training