Corporate Wellness Incentive Plans : The Corporate Wellness Program Solution
A more progressive and systemic solution may involve businesses beginning Company Health Promotion Programs, which allow businesses to be proactive in preventing disease and promoting healthier lifestyles for employees. When implemented effectively, this approach can lead to reduced direct costs from claims, a reduction in Healthcare premiums and increased employee work rate.
Yet while Employee Wellness Programs potentially offer companies large cost savings, the success of the programming is dependent upon the ability to involve employees in them. Additionally, companies must navigate the legal and cultural challenges posed by Employee Wellness Programs: Businesses really should be careful that initiatives respect protected classes and the privacy of employees. Moreover, companies must battle resistance from employees wary of their company regulating off-the-clock conduct.
Over the next 6-12 posts we’ll layout the case for Company Health Promotion Programs in today’s employment environment, arguing that the cost savings and increased employee engagement outweigh potential restrictions. We will investigate the considerations a business must make before beginning a Company Health Promotion Program and the communication necessary to create successful engagement from employees. Finally, we will discuss several successful Company Health Promotion Programs and supply a list of resources that organizations can use for guidance.