Company Health & Wellness Initiatives Bring Healthier Bottom-lines
Company Health & Wellness Initiatives are a healthy investment, at least according to Lincoln industries in Nebraska. CNN reported on this 565 worker company located in Lincoln, Nebraska and their serious and committed investment in their worker’s wellness.
Company Health & Wellness Initiatives are part of company Culture
The Company Health & Wellness Initiatives, according the story, has been in place for 16 years at Lincoln industries, and it doesn’t seem to be going anywhere. The company has three full-time staff members dedicated to the Company Health & Wellness Initiative and the wellness of the staff members, who receive on-site massages and a round of instructor-led stretching before they start their shifts.
Company Health & Wellness Initiatives Assessed
According to CNN, one of the stipulations of the Company Health & Wellness Initiative, which staff members are not required to participate in, is that they receive quarterly checkups where assessments are completed on their weight, amount of body fat and flexibility. Based on these health assessments, the staff members are then ranked from platinum all the way down to “non-medal”. To become platinum level, where you receive a company-paid climbing trip, you must achieve certain fitness levels and be a non-smoker. Smoking cessation classes are part of the Company Health & Wellness Initiative.
Company Health & Wellness Initiatives Bring Big Savings
The Company Health & Wellness Initiative has been a wise investment for Lincoln Industries. By having healthier staff members, they have seen an average of $2 million in savings in medical care costs per year. The savings don’t stop there, since instituting a Company Health & Wellness Initiative, workers’ compensation claims have gone from $500,000 per year down to less than $10,000 per year.
