Inside the World of Corporate Wellness
Corporate wellness programs have become popular in recent years. Simply put, corporate wellness is any health initiative or program within a company that focuses on promoting good health and employee comfort, rather than dealing with poor health and low morale at a later date.
It should come as no surprise that most of the companies on the top 100 companies to work for list, year after year, offer corporate wellness programs. Companies that offer corporate wellness programs are striving, and people enjoy working for them. Not only do companies that offer such programs have happier staff, but they end up doing better financially. Research shows that for every $1 spent on corporate wellness, a company saves $4 in sick time, health costs and overall work productivity.
Top Corporate Wellness Programs Google is regularly on the top 100 companies to work for list. In fact, it has topped the list for several years. It makes sense then, that Google also has one of the most comprehensive wellness programs in the industry. The company offers on-site gyms, healthy eating options in the dining area, fully paid sabbaticals, volunteer opportunities, and health classes and screenings. SAS, a software developer, comes in at number two on the list. The company offers their employees on-site child care and fitness centers, a multitude of medical staff on-site, reimbursed gym memberships, healthy eating options and dietician services. With compressed workweeks, job sharing, 100% health coverage and paid sabbaticals, The Boston Consulting Group comes in at number three on the top companies to work for list. While these three companies are worlds apart in many ways, they share one common factor; solid wellness programs that ensure their staff is working to the best of their abilities.
Creating a Wellness Program It is understandable that not all companies are going to be able to offer the same perks as Google. Google is a behemoth in the business world, with untold amounts of money to spare. Smaller companies, clearly, will be unable to procure the "campus-style" structure of Google, nor will they be able to offer the round-the-clock day care services that SAS gives to their workers, but every company can instill a wellness program that is sure to raise productivity and boost morale. To begin a wellness program a company must work to better understand their internal culture. Once the internal culture is understood, a better understanding of what the employees need out of a wellness program will arise. Before you begin a wellness program ask these questions;
Employee Health Program ROI is Stunning [INFOGRAPHIC]
Employee health programs help your organization save money. I'll let the infographic below speak (mainly) for itself but the multi-faceted savings an employee health program can gain will surprise you...and your boss. Between reduced employee absenteeism, medical cost savings, and overall reduction is health costs, savings can be as much as $6 for every $1 a company invests. Employee health programs see results in wellness and biometrics as well. Reduction in preventable conditions like high blood pressure, high cholesterol, diabetes and high-risk activities like smoking is another way health programs are proving their investment to employers and employees alike.
Mix the Right Employee Rewards With the Right Performers
Every organization has a variety of employee performers. There are over-achievers, those who put in the work 9-5 and play their role and then the under achievers who could maybe put some more work in more of the time. Ensuring that your employee rewards match each type of performer and each individual employee's performance. Here are 3 tips to keep your employee rewards program in line.
Increasing Company Profitability with Wellness Programs
In today's corporate landscape, employee health is a top priority for organizations seeking to maintain a productive and thriving workforce. With conditions like diabetes affecting millions across the United States, the need for proactive measures to address health issues has never been more critical.
Gift Cards Remain A Retail Staple
In the gift card industry we know gift cards are awesome. Gift cards are flexible for recipients, easy for gift givers and ensure that the end recipient gets the gift they ultimately want. Now, the consumer public is showing that they agree with us. A recent survey by the Retail Gift Card Association shows that over two thirds of the U.S. population plans to buy gift cards through the spring and summer gift period. Here are a few other highlights from the RGCA survey.