Why are employee wellness programs important?
Employee wellness programs are crucial for several reasons. They help employees adopt healthier lifestyles, leading to reduced incidences of chronic diseases and better overall health.
In addition, healthier employees are generally more productive and efficient at work, and wellness programs can lead to fewer sick days, reducing absenteeism and its associated costs.
Lastly, employees who feel cared for are more likely to stay with the company, reducing turnover rates—and a focus on wellness fosters a positive work environment and can enhance company culture.
According to a study by the Harvard Business Review, for every dollar spent on wellness programs, medical costs fall by about $3.27 and absenteeism costs fall by about $2.73 .