Good Health = Good Business

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Good Health = Good Business

Blog by Julie Urlaub, Founder and Managing Partner at Taiga Company
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Good Health = Good Business http://3bl.me/ksa2ms by @TaigaCompany #sustainability
Friday, June 24, 2011 - 12:15pm

CONTENT: Blog

Now more than ever, it is important for companies to invest in wellness strategies to help support the health of their employees. Without a healthy team, companies will face higher bottom line costs and reduced employee health.
 
Elaine Cohen, author of the CSR for HR notes in a post, “It is estimated that employers spend $13 billion annually on the total cost of obesity. Approximately 9.1% of all health care costs in the United States are related to obesity and overweight. Workplace obesity prevention and control programs can be an effective way for employers to reduce obesity. They can produce a direct financial return on investment (ROI) by lowering health care costs, lowering absenteeism, and increasing employee productivity.”
 
Additionally, “Return on investment – Canada Life in Toronto showed a return of $6.85 for every $1 invested in its Workplace Wellness program; while the Canadian government realized $1.95-$3.75 per employee per $1 spent.”
 
Within our sustainability consulting, we cite the benefits of wellness programs as part of sustainable business strategies for all sizes of organizations.  There are clear benefits to employers who choose to invest in wellness,   but did you know they are also linked to business sustainability programs improving the bottom line? 
 
•    Decreased corporate health care costs.
•    Improved employee health and wellness.
•    Maximized employee energy, effectiveness and productivity.
•    Decreased employee absenteeism, sick days and stress or medical leaves.
•    Increased employee appreciation and job satisfaction.
•    Boosted team cohesion and office morale.
•    Improved bottom line.
•    Enhanced corporate image, recruitment and retention.
•    Reputation as one of the top world class employers.
 

Companies can choose to support wellness initiatives in a wide variety of ways.  Following are a few ways companies can help support a healthy workforce: click here to learn more how good health is good for business

 

 

Home to one third of the earth's trees, the Taiga is the largest land-based biosphere and encircles the globe. Its immense oxygen production literally changes the atmosphere and refreshes the planet. It is this continuous renewal that has shaped Taiga Company's vision to drive similar change in the business world. Taiga Company seeks to be the "oxygen for your business". 

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Taiga Company
http://www.TaigaCompany.com
Keywords: Diversity & Human Resources | CSR for HR | Employee Engagement | Sustainable Business | Taiga Company | health care | wellness programs

CONTENT: Blog