The Business Case for Corporate Fitness & Wellness
The business case is clear cut – healthy employees are more productive and effective at their job. Our virtual and onsite solutions provide employees with convenient and accessible education, tools and accountability which enable and support them in having a healthy lifestyle. Healthy productive employees support your business objectives and your bottom line.
By supporting employee health & wellness our solutions enable you to:
- Serve employees across a wide demographic – age and locations
- Attract and retain the best and brightest talent
- Improve employee productivity
- Minimize health care costs
- Minimize WCB and extended claims
- Maintain a highly motivated employees with good morale
- Promote mental health and assist those with mental health issues
- Reduce stress
- Build a healthy team
- Lower the incidence of heart disease, obesity and diabetes
Through offering LifeWorks’ fitness & wellness programs and services to your employees you will address these challenges and see measurable results. A variety of research studies have suggested as much as 70% of health care expenses are associated with preventable conditions. This figure doesn’t include the costs associated with absenteeism, lack of presenteeism and decreased productivity. For many of these conditions, lifestyle changes can make a significant impact – an impact that will save corporations time and money.
According to The Canadian Institute of Stress, stress control programs alone can result in an 18% reduction in absences, 32% reduction in grievances, 52% reduction in disability time, 7% improvement in productivity, and 13% improvement in service quality.
The Industrial Accident Prevention Association (IAPA) cites that for companies who make the investment for every dollar spent on wellness promotion, they see a return of between $3 and $6.15.
At LifeWorks, our goal is to understand your challenges and offer solutions designed to suit your budget, needs and culture and make a measurable difference to the well-being of your employees and as a result, your bottom line.