Employee Wellness Plans for Small Businesses

Studies suggest that for every $1 invested in Employee Wellness Programs, a organization saves $3 to $5 in health and safety costs. Employers that invest in Employee Wellness Plans reap the financial rewards through savings on medical care costs, disability pay, rates of absenteeism, turnover and safety problems.

workplaces have already proven to be a great place to promote wellness. After all, people spend more time at work than doing anything else. Eighty-two percent of the U.S. population is linked in some way to a worksite. Therefore, offering Employee Wellness Plans is a great way to reach a substantial number of people in your area.

Employee Wellness Plans in Small Businesses

Unlike large businesses, small businesses often lack the resources to provide Employee Wellness Plans to their employees. However, they may be the most in need of such services. Small businesses are the hardest hit by health insurance costs and have the highest rates of substance abuse. Worker well-being and physical or mental illness can also be more disruptive in a small business setting. Employee Wellness Plans in small businesses also makes sense because small firms employ the majority of working citizens.

Regardless of the size of a business, Employee Wellness Plans can pay. Statistically, even if there are only 100 people in a organization:

• 60 sit all day to do their work
• 50 don’t wear their safety belts regularly
• 50 feel they’re under moderate stress
• 35 are overweight by 20% or more
• 30 smoke
• 27 have cardiovascular disease
• 25 or more have high cholesterol (over 200 mg/dl)
• 10 are heavy drinkers
• 10 have high blood pressure
• 5 have diagnosed diabetes and another 5 have undiagnosed diabetes
• 7 use marijuana
• 1 uses cocaine

Bottom Line Employer Health and Wellness Program Benefits

At least one quarter of the medical care costs incurred by working adults can be attributed to modifiable health risks (e.g., diet, exercise, tobacco use, etc.) Fortunately, there is a way to hold back the trend. Growing research links an individual’s lifestyle behaviors to their health risk.

The good news is Employee Wellness Plans can:

• Decrease medical care costs
• Decrease workers’ compensation claims
• Decrease employee rates of absenteeism
• Improve worker productivity
• Improve employee morale

The bottom line is that Employee Wellness Plans can benefit any size business — small or large.

This entry was posted on Friday, January 16th, 2009 at 4:29 pm and is filed under Health Promotion. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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