Earning for a living is the primary purpose of employment for us. We get employment in various jobs. Some of us work indoors; some of us work out of doors. Most of us work a nine to five. Some work in the day, some work at night. What may people who study these things know for sure is that a healthy person is a better employee.
Is spending on health a cost effective option?
One huge corporation, Amway, has 3,900 local employees. According to this company it gets back two dollars for every dollar spent on employee's health. How do they justify that? One visible result was that the medical claim of the persons who took part in the fitness program went down by 8 percent. Some have lost weight. One woman who works for Amway lost 85 pounds in 18 months. This has given her an abundance of energy which naturally had reflected in quality work and increased production for the company. It is an recognized fact that such workforce oriented fitness program take as long as three years to start giving returns. This is because of the time taken by people to change their habits.
It is also come to notice that the health expenditure of those employees who do not take part in such fitness program rose up to 23 percent.
Flexco is another firm which has taken the initiative to implement such health oriented program for their employees. Because the program was so successful, this Grand Rapids company was able to move to a high-deductible health program cutting annual premium costs by $100,000. That definitely affects the bottom line. In addition, the company helps pay the employee deductibles.
One unique aspect of the program is that employees can earn wellness points. With these points, they can reduce their share of the annual health care costs up to $850. This acts as an incentive for the employees to get enrolled in this. It also helps that the employee is volunteering to get in the program rather than being forced to get in.
They can combine this program with the overall goals of the company. This would benefit the company in many ways. It would help the company to attain its overall business goals, if its employees are willing to stay healthy and active. This makes for a better working environment overall.
One employee was unhappy because he had to get a physical until the doctor discovered a serious problem and was able to correct it before it got worse.
These two examples show that it makes a lot of sense to encourage employees to stay healthy, whether you do it through the company or you encourage them to do it on their own. Some companies even offer free membership to their employees in fitness centers and health groups. Healthier employees is an essential part of making a business profitable and successful. This also makes the workplace more congenial.
Is spending on health a cost effective option?
One huge corporation, Amway, has 3,900 local employees. According to this company it gets back two dollars for every dollar spent on employee's health. How do they justify that? One visible result was that the medical claim of the persons who took part in the fitness program went down by 8 percent. Some have lost weight. One woman who works for Amway lost 85 pounds in 18 months. This has given her an abundance of energy which naturally had reflected in quality work and increased production for the company. It is an recognized fact that such workforce oriented fitness program take as long as three years to start giving returns. This is because of the time taken by people to change their habits.
It is also come to notice that the health expenditure of those employees who do not take part in such fitness program rose up to 23 percent.
Flexco is another firm which has taken the initiative to implement such health oriented program for their employees. Because the program was so successful, this Grand Rapids company was able to move to a high-deductible health program cutting annual premium costs by $100,000. That definitely affects the bottom line. In addition, the company helps pay the employee deductibles.
One unique aspect of the program is that employees can earn wellness points. With these points, they can reduce their share of the annual health care costs up to $850. This acts as an incentive for the employees to get enrolled in this. It also helps that the employee is volunteering to get in the program rather than being forced to get in.
They can combine this program with the overall goals of the company. This would benefit the company in many ways. It would help the company to attain its overall business goals, if its employees are willing to stay healthy and active. This makes for a better working environment overall.
One employee was unhappy because he had to get a physical until the doctor discovered a serious problem and was able to correct it before it got worse.
These two examples show that it makes a lot of sense to encourage employees to stay healthy, whether you do it through the company or you encourage them to do it on their own. Some companies even offer free membership to their employees in fitness centers and health groups. Healthier employees is an essential part of making a business profitable and successful. This also makes the workplace more congenial.
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