What we've noticed over the past couple years? Having a wellness program like corporate yoga on site sets a company apart from its competitors. Yes, there are the obvious perks. It can reduce work-associated injuries such as low back pain, and reduce work loss due to illness. Then the less obvious: helping employees develop a healthy way to combat anger and stress.
Even more, we find that a wellness program on site is a way of showing employees how much they mean to the company. By fostering an atmosphere of caring and appreciation, execs have found not only a more healthy workforce but a more dedicated one, with less turnover, increased productivity, AND more creative spark -- which translates to a better bottom line.
Studies show that investment in employee wellness generates savings in medical costs. In a meta-analysis of the literature on the costs and savings associated with employee wellness programs, a team of Harvard researchers found that:
“Medical costs fall by about $3.27 for every dollar spent on wellness programs,
and that absenteeism costs fall by about $2.73 for every dollar spent.” 1
Clearly, a healthier bunch of employees typically results in a healthier bottom line for your company. Additionally, healthier employees feel better and consequently perform better on the job, resulting in the following company benefits:
- Enhanced retention of healthy employees (healthy employees can serve the company longer than sick employees)
- Enhanced recruitment (people like working for companies that are known for taking good care of their employees)
- Reduced absenteeism (healthy employees need less sick time)
- Reduced presenteeism (healthy employees are more alert, energetic and focused)
- Increased employee productivity
- Decreased rates of illness and injuries
- Improved employee satisfaction (employees enjoy a healthier body, mind and workplace)
1 Baicker, Katherine, David Cutler, and Zirui Song. "Workplace Wellness Programs Can Generate Savings." Health Affairs 29.2 (2010): 304-11