Employee Wellness Plans Bring a Healthier Bottom-lines
Employee Wellness Plans are a fantastic investment, at least according to Lincoln industries in Nebraska. CNN reported on this 565 employee business their committed investment in their employee’s wellness.
Employee Wellness Plans are part of business Culture
The Employee Wellness Programs, according the story, has been in place for 16 years at Lincoln, and it doesn’t seem to be going anywhere. The business has three full-time workers dedicated to the Employer Health and Wellness Program and the wellness of the workers, who receive worksite massages and a round of instructor-led stretching before they start their shifts.
Employee Wellness Plans Assessed
According to CNN, one of the rules of the Employee Wellness Program, which workers are not required to participate in, is that they receive quarterly checkups where assessments are completed on their weight, amount of body fat and flexibility. Based on these health assessments, the workers are then ranked from platinum all the way down to “non-medal”. To become platinum level, where you receive a business-paid climbing trip, you must achieve certain fitness levels and be a non-smoker. Smoking cessation classes are part of the Employee Wellness Program.
Employee Wellness Plans Result in Big Savings
The Employer Health and Wellness Program has been a wise investment for Lincoln Industries. By having healthier workers, they have seen an average of $2 million in savings in medical care costs per year. The savings don’t stop there, since instituting a Employee Wellness Program, workers’ compensation claims have gone from $500,000 per year down to less than $10,000 per year.
