Corporate Wellness

‘Wellness’ is defined by the World Health Organization as ‘a state of complete physical, mental, and social well-being, and not merely the absence of disease or infirmity.’ Through technology, we are able to empower both people and organizations to make the incremental improvements that pay dividends for a lifetime.

Defining Corporate Wellness

Employees spend over 50% of their waking hours each year at work. Employers are overwhelmingly able to positively influence their workforce by promoting a culture of wellness in the office – a strong program that encourages both physical and mental health is shown to have direct impact on the bottom line.

Prioritizing the well-being of workers and giving them the tools to embrace healthier lifestyles not only creates an environment where better quality work is produced, but results in cost savings and improved performance by the business as a whole.

Importance of Wellness in the Workplace

The vitality and growth of any company rests on two key premises: attracting and hiring the most talented people, and retaining them and getting the best performance from every member of the team. The costs of stress-related absence and staff turnover, alone, are estimated to cost the U.S. between $150 and $300 billion per year. But when employees are given the right support? Recruitment, engagement and retention rates improve, along with an increase in morale and productivity. Investing in the wellness of each team member is an investment in the success of the entire business.

Benefits of a Corporate Wellness Program

88% of health care costs are a result of claims caused by lifestyle. This means those costs can be mitigated by encouraging healthy habits and behavioral change related to activity, nutrition, sleep and stress management. Studies have shown returns on investment of $3.27 for medical costs for every dollar invested in wellness initiatives, and that absenteeism costs fell by about $2.73 for every dollar spent. A holistic approach to wellness will also have additional results as a value of investment beyond the more measurable return on investment, like improved employee morale and lower staff turnover.

Measuring the Success of a Wellness Program

For the employer:
  • Reduction in healthcare and insurance costs
  • Increased productivity and performance
  • Higher engagement and lower staff turnover
  • Less absenteeism due to poor physical or mental health
For the employee:
  • Higher engagement and morale
  • Improved physical and mental health
  • Positivity and better stress resilience
  • Greater job satisfaction

Evaluating a successful wellness program – two sides of the story

For the employer
As the culture of wellness grows over time, employee engagement will be measured and continually encouraged, using gamification via team challenges as well as personalized training apps. Even basic changes have a big impact – a UK study showed that the number of sick days taken dropped by 27% among people who were more physically active. Holistic and multi-disciplinary initiatives like Fitbug's are also known to be most effective in promoting mental health in the workplace. With depression accounting for a 48% increase in healthcare costs, that counts for a great deal.
For the employee
Our corporate wellness programs are not just about squeezing more out of each person. They are about putting more into our lives as individuals. Giving people the power to measure their activity, BMI, sleep and mood, and then giving them the encouragement and the space to increase their engagement pays off well beyond less time in the doctor’s office. A healthy employee can gain an extra 30 days of productive time each year and those who get enough sleep may add an additional 5 days of productivity on top of that. This means a better quality of life both in the workplace, and out.

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