When starting out with a new company, we’re often anxious and excited to find out what fun new perks and benefits we’re going to receive. Will my new employer provide health benefits? How many days of holiday will I be provided with? But what about an employee wellness programme? Chances are both employers and employees often haven’t given the last one a second thought. Sure, employee wellness programmes sound great, but are they really necessary? As it turns out, yes it is.
Healthy Employees Cost you Less
According to a 2009 study by Milani and Lavie in the American Journal of Cardiology, 57% of employees who were categorised as a high health risk reached low-risk status solely by completing a 6-month long workplace Cardiac Rehabilitation and Exercise Programme (CRET). Completing this programme saved the company an average of $1,421 in medical costs per participant even though none of the employees completing the programme were actually heart patients. Another study from January of this year studied a comprehensive worksite wellness programme (focused on improving exercise, better nutrition and behavioural changes) amongst teachers in the United States provided a benefit to cost ratio of 3.3. This means that for every $1 spent on the Employee Wellness Programme, they saved $3.60.