The Benefits of a Healthy Workforce

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There is widespread agreement on the benefits of having a healthy workforce. In addition to helping control rapidly escalating healthcare costs, companies who offer wellness programs can expect to see productivity gains, reduced absenteeism, increased retention and enhanced recruitment results.

The financial benefits of employee wellness are best measured by both short-term and long-term payoffs. The major, preventable chronic conditions – obesity, heart disease, hypertension and Type 2 diabetes – are impacted by improvements in physical exercise, better nutrition and smoking cessation, but the true return-on-investment occurs over years, rather than shareholder-driven fiscal quarters.

That’s why it is just as important to look at the effect on overall vitality, well-being and engagement as an integral factor of your program. Increased stamina, lower levels of stress, higher levels of well-being and an overall enhanced quality of life are just a few benefits that stem from workplace wellness programs. BI WORLDWIDE’s New Rules of Engagement study indicates the strong correlation between employee wellness and overall engagement in their job, family and community. Wellness as a part of workplace culture and environment is a powerful driver of employee engagement. Our New Rule #4 “Help them thrive,” encourages companies to view wellness holistically.

Here are ten recommendations to help you incorporate wellness into your employee recognition program.

http://www.biworldwide.com/white-papers/employee-engagement/wellness-program-benefits

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The Benefits of a Healthy Workforce

  1. 1. the Benefitsofa Healthy Workforce Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  2. 2. There is widespread agreement on the benefits of having a healthy workforce. Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  3. 3. In addition to helping control escalating healthcare costs, companies who offer wellness programs can see: Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  4. 4. In addition to helping control escalating healthcare costs, companies who offer wellness programs can see: ● productivity gains Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  5. 5. In addition to helping control escalating healthcare costs, companies who offer wellness programs can see: ● productivity gains ● reduced absenteeism Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  6. 6. In addition to helping control escalating healthcare costs, companies who offer wellness programs can see: ● productivity gains ● reduced absenteeism ● increased retention and Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  7. 7. In addition to helping control escalating healthcare costs, companies who offer wellness programs can see: ● productivity gains ● reduced absenteeism ● increased retention and ● enhanced recruitment results. Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  8. 8. Here are10 ways to incorporate wellness into your employee recognition program. Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  9. 9. Emerging trends show long-term success can be achieved if incentives are provided for progress toward a goal and maintenance of an outcome. Mix it up! 1 Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  10. 10. Offer wellness programs to all employees, regardless of their health insurance plan. A healthy, engaged employee: Make it for everyone 2 Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  11. 11. Offer wellness programs to all employees, regardless of their health insurance plan. A healthy, engaged employee: ● Is three times more productive Make it for everyone 2 Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  12. 12. Offer wellness programs to all employees, regardless of their health insurance plan. A healthy, engaged employee: ● Is three times more productive ● Makes 60% fewer errors Make it for everyone 2 Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  13. 13. Make it for everyone Offer wellness programs to all employees, regardless of their health insurance plan. A healthy, engaged employee: ● Is three times more productive ● Makes 60% fewer errors ● Is more alert during the work day 2 Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  14. 14. Emphasize the importance of assessments and screenings through awareness, education, frequent communication and probabilistic rewards. Focus on behavior change 3 Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  15. 15. Make healthy behaviors an easier choice by using choice architecture, offering a limited number of carefully chosen options. Reward change and continue to reward sustainment of healthy behaviors. Something for everyone 4 Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  16. 16. Make wellness incentives easy to understand and participate in, and use tangible rewards to get the most trophy value or sociability out of the rewards. The right rewards for the right activities 5 Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  17. 17. Drive initial engagement with fast start programs and team challenges to gain participation. Generate healthy competition 6 Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  18. 18. Work together, win together Company sponsored 5K runs, sponsorships for events and healthy potluck style cook-offs can help bring everyone together and keeps employees feeling like they aren’t in it alone. 7 Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  19. 19. Offering fitness discounts, health coaching and weight loss program discounts are all tools to increase engagement in your other wellness initiatives. Drive awareness of additional resources 8 Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  20. 20. For road warriors, discounts on healthy foods and restaurants coupled with incentives to stay at hotels featuring a fitness facility would be more fitting. Consider the environment 9 Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  21. 21. Social recognition allows companies to communicate, educate and reward for wellness program initiatives. The ability to segment communications, banners, news stories and other content to specific audiences ensures a targeted approach for specific roles, functions or geographies. Integrate with Social Recognition 10 Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  22. 22. Learn more about how to drive higher engagement with your wellness program by downloading our article. The financial benefits of employee wellness are best measured by both short-term and long-term payoffs. The major, preventable chronic conditions – obesity, heart disease, hypertension and Type 2 diabetes – are impacted by improvements in physical exercise, better nutrition and smoking cessation, but the true return-on-investment occurs over years, rather than shareholder-driven fiscal quarters. That’s why it is just as important to look at the effect on overall vitality, well-being and engagement as an integral factor of your program. Increased stamina, lower levels of stress, higher levels of well-being and an overall enhanced quality of life are just a few benefits that stem from workplace wellness programs. BI WORLDWIDE’s New Rules of Engagement study indicates the strong correlation between employee wellness and overall engagement in their job, family and community. Wellness as a part of workplace culture and environment is a powerful driver of employee engagement. Our New Rule #4 “Help them thrive,” encourages companies to view wellness holistically. Here are ten recommendations to help you incorporate wellness into your employee recognition program. Mix it up In the past, wellness programs and practices included short-term activities and one-time, deterministic “do this, get that” incentives such as cash payouts for completion of health assessments. Emerging trends show a preference for behavior change initiatives, mixing both deterministic and probabilistic (high promotional value and a chance to win) awards to encourage assessment completions, initial change efforts and sustainment. Long-term success can be achieved if incentives are provided for progress toward a goal and maintenance of an outcome. Make it for everyone In keeping with a holistic wellness approach, it makes sense to offer wellness programs to all employees, regardless of participation in your health insurance plan. It makes things simpler. After all, even participation in an insurance plan can be considered Private Health Information (PHI), subject to HIPAA regulations. If wellness is for everyone, you avoid revealing who participates in insurance plans. Plus, it is not just about the cost savings for the company but also a more engaged workplace. A healthy, engaged employee: • Is three times more productive • Makes 60% fewer errors • Is more alert during the work day BIWORLDWIDE.com ©BI WORLDWIDE™ 2014 | Proprietary & Confidential HELP THEM THRIVE: THE SURPRISING BENEFITS OF A HEALTHY WORKFORCE Tom Jacobsen, Account Supervisor Design and Sherra Buckley, Division VP Life Sciences and Healthcare Group, BI WORLDWIDE HELP THEM THRIVE: #1 #2 There is widespread agreement on the benefits of having a healthy workforce. In addition to helping control rapidly escalating healthcare costs, companies who offer wellness programs can expect to see productivity gains, reduced absenteeism, increased retention and enhanced recruitment results. Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com
  23. 23. follow us... BI WORLDWIDE uses the principles of behavioral economics to produce measurable results for our clients by driving and sustaining engagement with their employees, channel partners and customers. Australia | Canada | China | India | LATAM | UK | US | BIWORLDWIDE.com

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