Performance Enhancement
Through Wellness Programming
Poor health is risky business. Though the direct costs of poor health continue to spiral upward and clearly must be managed, impaired job performance may well be the greatest risk to a company’s bottom line. Most business leaders are unaware that the indirect costs of poor health (ie: absenteeism, disability, presenteeism) may be two to three times higher than the direct medical costs. The true impact of indirect costs on business success is strikingly illuminated by current research in health and productivity management. Studies associate poor health with:
Preventable illness has a direct affect on an employer’s cost of health care, disability, worker’s compensation, increased absenteeism, lower productivity, reduced safety and morale. In many cases, 70 percent of healthcare is spent on preventable chronic diseases.
Forward thinking organizations are integrating employee health as a business strategy that enables them to manage costs effectively while investing in their most essential asset, their human capital. The investment in employee health through primary prevention, health risk reduction and disease management is the only way to effectively address soaring health costs.
Through Wellness Programming
Poor health is risky business. Though the direct costs of poor health continue to spiral upward and clearly must be managed, impaired job performance may well be the greatest risk to a company’s bottom line. Most business leaders are unaware that the indirect costs of poor health (ie: absenteeism, disability, presenteeism) may be two to three times higher than the direct medical costs. The true impact of indirect costs on business success is strikingly illuminated by current research in health and productivity management. Studies associate poor health with:
- Reduced output (ie: presenteeism)
- Increased errors and accidents
- Lower quality of products and services
- Higher rates of disability
- Higher absenteeism
Preventable illness has a direct affect on an employer’s cost of health care, disability, worker’s compensation, increased absenteeism, lower productivity, reduced safety and morale. In many cases, 70 percent of healthcare is spent on preventable chronic diseases.
Forward thinking organizations are integrating employee health as a business strategy that enables them to manage costs effectively while investing in their most essential asset, their human capital. The investment in employee health through primary prevention, health risk reduction and disease management is the only way to effectively address soaring health costs.
