Studies suggest that for every $1 invested in Corporate Health Promotion Programs, a company saves $3 to $5 in health and safety costs. Employers that invest in Corporate Health Promotion Initiatives reap the financial incentives through savings on health care costs, disability pay, rates of absenteeism, turnover and safety problems.
worksites have already proven to be a great place to promote wellness. After all, people spend more time at work than doing anything else. Eighty-two percent of the U.S. population is linked in some way to a worksite. Therefore, providing Corporate Health Promotion Initiatives is a great way to reach a substantial number of people in your area.
Corporate Health Promotion Initiatives in Small Companies
Unlike large corporations, small corporations often lack the resources to provide Corporate Health Promotion Initiatives to their employees. However, they may be the most in need of such services. Small businesses are the hardest hit by health insurance costs and have the highest rates of substance abuse. Employee well-being and physical or mental illness can also be more disruptive in a small business environment. Corporate Health Promotion Initiatives in small corporations also makes sense because small firms employ the majority of working citizens.
Regardless of the size of a business, Corporate Health Promotion Initiatives can pay. Statistically, even if there are only 100 people in a company:
• 60 sit all day to do their work
• 50 don’t wear their safety belts regularly
• 50 feel they’re under moderate stress
• 35 are overweight by 20% or more
• 30 smoke
• 27 have cardiovascular disease
• 25 or more have high cholesterol (over 200 mg/dl)
• 10 are heavy drinkers
• 10 have high blood pressure
• 5 have diagnosed diabetes and another 5 have undiagnosed diabetes
• 7 use marijuana
• 1 uses cocaine
Bottom Line Company Health and Wellness Program Benefits
At least one quarter of the health care costs incurred by working adults can be attributed to modifiable health risks (e.g., diet, exercise, tobacco use, etc.) Fortunately, there is a way to hold back the trend. Growing research links an individual’s lifestyle behaviors to their health risk.
The good news is Corporate Health Promotion Initiatives can:
• Lower health care costs
• Lower workers’ compensation claims
• Lower employee rates of absenteeism
• Improve worker productivity
• Improve employee morale
The bottom line is that Corporate Health Promotion Initiatives can benefit any size business — small or large.
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