The Cost of a Corporate Wellness Program

The “cost” of a corporate wellness program can vary. At Med-I-Well Services, we customize our programs to meet the needs and interests of your unique workforce. We also ensure that it is within a budget that is realistic for your organization.

As business owners, you must always consider costs. In fact, dollars spent might be the first thing that comes to mind when making decisions. But what about the cost of not putting in place a corporate wellness program?

Your employees spend more waking hours at their workplace then at home. Lack of time and opportunity are common barriers that employees often face when looking to achieve improved health. Our programs break down these barriers by injecting health into your organization’s culture. Corporate wellness programs provide employees with the tools and resources to improve their:

·       Nutrition

·       Physical activity

·       Safety

·       Stress levels

·       Chronic disease prevention

·       Productivity

·       Mental health

·       Morale

As a result, a healthier workplace can:

·      Reduce your injury rates

·      Improve productivity levels

·      Reduce short- and long-term disability claims

·      Enhance retention and recruitment of top talent

·      Reduce presenteeism and absenteeism

When you consider “costs”, these are all important factors for the longevity and health of your organization.

A Harvard study concluded that each dollar spent on corporate wellness programs saves employers about $3 in healthcare costs and another $3 in reduced absenteeism. Another big return on investment is employees’ loyalty and commitment to their organization.

So if you are considering implementing a corporate wellness program, we also urge you to consider the cost of not doing so.

If you would like to learn more about Med-I-Well Services and how our customized programs can reduce your costs and enhance your organization's health, get in touch with us today!

Let’s work together to improve the health and well-being of your employees and your organization as a whole.

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