When corporate wellness is in place, small businesses benefit
When you hear the term “corporate wellness,” you might picture large companies with in-house gyms, smoothie bars and trainers on hand to plan meals and whip employees into peak physical condition.
There are more components to wellness than just physical nutrition and fitness, but as a small business, you might think that wellness plans aren’t something you need to concern yourself with. In reality, there are so many great benefits.
In many cases, for a small business, having a wellness solution in place is even more valuable than it is for large corporations. In a small business, you need all hands on deck. Everyone has a job to do, and if someone can’t perform that job, there may not be anyone available to pick up the slack. When an employee misses work, it affects the entire team.
On the other hand, when employees are working at peak performance, this attitude resonates to the rest of the team and others feed off that positive energy. In a close environment like a small business, one person’s positive attitude and health affect the entire team. Having a wellness plan in place that focuses on the well-being of employees will help build a strong, healthy and productive team.
Here are some more ways a small business can benefit from putting a workplace wellness plan into place.
Lower insurance fees
A recent article by the Wellness Council of America stated, “Wellness programs can offer premium discounts or rebates on health insurance coverage, or modify cost-sharing amounts such as copayments or deductibles, in exchange for ‘voluntary’ participation in the wellness program.” In other words, wellness programs can provide rewards to participants, such as lower insurance rates.
Healthy employees are more productive
In a small business, all employees need to be at 100 percent as often as possible. Employees that move more, take breaks and eat healthier are more focused and have higher energy levels. Numerous reports show that companies with wellness plans have reduced short-term sick leave and an increase in productivity and attendance, which allows for an all-hands-on-deck approach.
Easier to recruit and retain
Professionals are looking for employers that focus on the health of their employees. A wellness plan can push your business one step closer to becoming an Employer of Choice. Being an EOC means candidates are eager to work for your small business, people look up to your employees, you receive unsolicited resumes and your most talented employees stay with your business throughout their careers. While a wellness plan is only a small piece of positioning yourself as an EOC, it can definitely contribute to your overall appeal.
Employees are happier
While our grandparents would scoff at the notion that where you work should make you happy, this generation of professionals wants much more than just a paycheck; they want to be in an environment where they are fulfilled and well-rounded and where they feel valued and appreciated. And, what better way to show your employees that you value them than to focus on their overall well-being?
In addition to the above benefits, employers who offer a worksite wellness program experience:
- Enhanced recruitment and retention of healthy employees
- Decreased rates of illness and injuries
- Reduced employee absenteeism
- Improved employee relations and morale
- Increased productivity
Employee wellness programs don’t need to be complicated. Planning active events, initiating friendly competition, offering a healthy potluck, outdoor meetings, or stretch breaks as a group are simple and effective ways to get employees focused on health and give them the motivation to achieve their goals.