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Corporate Wellness = Increased Productivity + Reduced Costs

corporate wellness

The Business Case. There is some compelling evidence of the correlation between corporate wellness, workplace health promotion and increased productivity. It makes sense, doesn’t it, for both employers and employees, to invest in initiatives that improve employee fitness, health, productivity, morale, job satisfaction and team spirit. And at the same time reduce absenteeism, turnover, stress, injuries, workers’ compensation costs and claims against group benefit plans.  

It’s Not Just About Physical Fitness and Exercise. Although fitness and exercise are key components, more wholistic Corporate Wellness Programs may also address stress management, work-life balance, nutrition, weight control, sugar/carb addiction, financial wellness, smoking cessation, HIV-AIDS eduction, prenatal health, back injury prevention and other self-care or self-help elements.

How Do You Determine Which Is The Best Approach For Your Company? Perhaps you will choose us to assist you. You may already have some in-house expertise. Or you may decide to send an employee on training to become your expert on Corporate Wellness Program Design and Management. In determining the best approach for your company, you might be interested in some advice the Public Health Agency of Canada offers (which informs part of our approach to assessing needs and designing and implementing Corporate Wellness Programs):

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What Can We Do For You?

We Can Offer You A “Full Suite” of Certified Corporate Wellness Coaching Services

 Maybe you want a high level formal corporate wellness review with findings, options, cost benefit analysis, recommendations and implementation strategy? We do this.

Or maybe you want some informal, informative “lunch and learn” sessions on topics like Managing Stress or Beyond Smoking? We do this.

You may decide to offer employees Wellness Seminars on Beyind Smoking or Beyond the Carbs, Sugar, Body Fat Cycle. We do this.

Or how about workplace based fitness sessions for staff on Protect Your Low Back or Stretch at Your Desk.

Or arranging for lunch time yoga or fitness classes? We do this.

Have you ever been curious about the costs and benefits of negotiating and subsidizing group memberships for your employees at local gyms? We do this.

 What’s the Bottom Line? The Rate of Return?

Reported Return on BC Hydro sponsored Fitness Program:

  • $1.2 million reduction in annual sick leave costs
  • $97,000 reduction in annual accident costs
  • $35,000 Workers’ Compensation Board rate reduction
  • Productivity gains of $919,000
  • Employee retention and corporate image gains.
  • Turnover rate of 3.5 per cent among participants (vs. company average 10.3 per cent)

Reported Return on Government Programs:

  • $1.95 – $3.75 per employee return on each dollar spent on federal gov’t employee wellness programs
  • Toronto Municipal employees missed 3.35 fewer days in the first six months of their “Metro Fit” programs than employees not enrolled in the program.

Reported Return on MDS Nordion Corporate Health Programs, Kanata Ontario:

  • 92% of employees are proud to work at MDS Nordion
  • reduction from 50 to 5 in the number of annual grievances since the early 1990s
  • reduction from 6 days to an average of 4 days per year in absenteeism
  • reduction from 2.5 to 0.5 in number of lost time injuries per 100 person years
  • Turnover at MDS Nordion is an average of 6% compared to 10% in the high tech industry
  • MDS Nordion staff believe programs have boosted both productivity and employee satisfaction

Return Reported by Canada Life Assurance Insurance, Toronto:

  • $6.85 return for each corporate dollar invested
  • reduced turnover, productivity gains and decreased medical claims
  • $3.43 return for each dollar spent on their fitness program

Return Reported by Dupont on it’s Worksite Promotion Pilot:

  • $2.05 for every dollar invested by the end of the second year
  • saving of 11,726 disabilty days

(Reported Data is from the Public Health Agency of Canada)

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Contact Theresa McKeown & Associates by email at contactus@theresamckeown.com; by telephone toll free at 1-800-613-9121 or at 250-941-5552 in Courtenay/Comox for life coaching, performance coaching, corporate wellness consulting and personal wellness training or seminars. We are based in Courtenay, Comox and Victoria BC Canada and offer programs in other areas. In the winter, Life Coaching and Personal Wellness programs are offered in Mexico.

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