How Employee Health and Wellness Impacts Small Businesses

Numerous studies have shown that employee health and wellness impacts small businesses drastically. In fact, there’s a direct correlation between unhealthy eating, smoking, drinking, and lack of exercise with loss of productivity, absenteeism, and higher health care costs for businesses. Fortunately, you can improve the success of your company by putting a wellness program in place. There are many benefits of having these type of applications, and we’re here to show you how they can help drive the success of your business forward.   

Positive Impact on Your Bottom Line

Wellness programs lead to lower health risks that, in turn, lead to lower health costs for companies. These programs, which aim to help and encourage employees to eat healthier, exercise more, smoke and drink less, and reduce stress levels, have shown to reduce lifestyle-related diseases, along with mental disorders that commonly cause health care costs to surge. In fact, the savings from these programs often outweigh the costs of implementing them, providing a positive return on investment for companies.

Improved Morale

When employees feel valued and appreciated, their morale increases which can encourage more creativity, productivity, and overall happiness in the workplace. This can greatly benefit your business because happy employees and healthy employees are always an essential asset in allowing any business to thrive.

Increased Productivity

Facebook use isn’t the only reason why your employees are distracted. One of the leading causes of low productivity at work is poor health. Behaviours like smoking, unhealthy eating, and lack of exercise have shown to cause higher levels of presenteeism (being at work but not necessarily working). Chronic disease, pain, and depression are also common causes of presenteeism. Fortunately, studies have shown that wellness programs can assist in reducing this and improve productivity.

Improved Employee Recruitment

Would you rather work for a company that has an employee wellness program in place or one that doesn’t? Probably the latter. If you want to hire and retain the best possible workforce, you need to have an attractive package that shows you care about employee health and wellbeing and are willing to prove it.

Employee health and wellness impacts small businesses and should always be taken seriously. If you want to improve productivity and motivate employees to work harder, consider the benefits of adding a wellness program to your business.

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Cory Gagnon

Cory Gagnon

As the Senior Wealth Advisor at Beacon Family Office at Assante, Cory Gagnon has supported successful family enterprises to preserve, protect and transition their wealth since 2011.

Cory’s personal objective as a Wealth Advisor is simple. He is committed to supporting families to take control of the areas of their lives that truly matter to them. This commitment revolves around using specific tools and strategies that enable families to take action with confidence which will support them through life’s critical transitions.

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