THANK YOU FOR SUBSCRIBING
While attracting top talents, companies need to consider retaining those talents as well. A high employee turnover rate can be very costly for organizations. Organizations focusing on having regular corporate wellness programs can help attract talents and retain employees.
Fremont, CA: Corporate wellness programs are a holistic approach to employees’ wellness by making an organizational culture of health. It is meant to help and motivate employees. Providing a corporate wellness program that goes beyond traditional wellness programs inculcates healthy habits in employees as well as improves and boosts healthy outcomes. Besides, an efficient corporate wellness program can increase productivity, optimize human talent and resource investments, and strengthen employee engagement as well.
Let us look at the benefits of corporate wellness programs:
High employee productivity is the key to achieve success. Poor employee productivity can be described as physically being at work but not working. This kind of poor productivity in which the employee does not work despite being at the workplace is called presenteeism. Studies suggest that the cost linked with presenteeism because of poor employee health is at least 2-3 times greater than direct health care costs. There might be several other reasons for poor employee productivity. However, corporate wellness programs need to address the issues causing poor employee productivity and offer a solution. Companies can encourage employees to adopt healthy habits. This will improve overall health and productivity.
Controls Employee Retention
While attracting top talents, companies need to consider retaining those talents as well. A high employee turnover rate can be very costly for organizations. Organizations focusing on having regular corporate wellness programs can help attract talents and retain employees. While choosing a company to work for, employees check a lot of factors. Apart from a promising job role and a handsome salary package, employees also check whether the company has a good employee support system or not. When an organization offers a wellness program that too, which is free of charge for its employees, it shows that the organization cares about the employees’ well-being. Hence, employees would feel valued and secured with the company and stay for a longer period.
Reduces Medical Costs
Medical costs are increasing with time. Adopting healthy habits is likely to reduce the possibility of falling sick at small inconveniences. Employees can save a lot of money by staying healthy and fit. Hence, a comprehensive employee wellness program needs to highlight the benefits of practicing healthy habits. They should include offering employees some knowledge about nutrition and the adverse effects of smoking and other bad habits.
See Also :- Top HR Technology Companies