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What will WeSpark Wellness do for your company?
Nov 14, 2021
If you’re thinking about rolling out a Wellness Program at your company, you’re undoubtedly curious about the benefits it can have for your team. Let us break it down for you!
Corporations benefit by decreasing healthcare costs
- Employers who invest in worksite health promotion programs can see a return of $3-$6 for every dollar invested over a 2-5 year period.
- Documented savings are observed in
- Medical costs
- Absenteeism
- Worker’s comp claims
- Short-term disability
- Presenteeism (lower on-the-job efficiency due to employee health problems.)
*Source: American Journal of Preventive Medicine, December 2005
Employees are healthier and more productive
- There are over 600 articles that analyze the research and anecdotal evidence of the cost-effectiveness of worksite wellness programs. In a review of 42 of these articles, there has been shown to be a:
- 28% reduction in sick leave absenteeism
- 26% reduction in use of the health care benefit
- 30% reduced worker’s comp claims and disability management
*Source: Larry Chapman, “Meta-evaluation of Worksite Health Promotion Economic Return Studies”, The American Journal of Health Promotion, 2003
- A recent study showed that corporate fitness center participants had 1.3 fewer short-term disability claims per year per employee than non-participants and had fewer health risks.
*Source: Journal of Occupational and Environmental Medicine, April 2006
- On average, health care claim costs for IBM employees who exercise 1 – 2 times per week are $350 per year less than those who don’t exercise at all.
*Source: Joyce Young, IBM’s Well-Being Director in BenefitNews.com 03/2006
More Compelling Reasons to Invest in Worksite Wellness
- The leading causes of illness are largely preventable. Most chronic illnesses can be avoided with exercise, proper nutrition, and healthy lifestyle choices.
- Approximately one third of the American workforce spends its day seated at a computer or desk. Sedentary lifestyles are a known health risk.
- A current poll finds that among the 45-54 age group, 81 percent of employed men report work as a significant source of stress, compared with just 68 percent of employed women.
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