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“Management recognizes that 95% of its assets drive out the front gate everyday,
leaders consider it their job to bring them back in the next day.” |
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- Harvard Business Review |
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Studies show that preventable illnesses constitute almost 80% of the illness burden
at the workplace, and about 90% of the healthcare costs.
A 2005 study in the USA indicates that companies lost USD 9 Billion (Rs. 40,317
Crore) in 2005, to unwell employees. They also lost 14% of their annual working
days i.e., more than 51 working days in a year due to illness in their work force.
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According to WHO estimates, the projected foregone national income for India due
to heart disease, stroke and diabetes during the period 2005-2015 is pegged at USD
200 Billion (Rs. 9 lakh Crore). |
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Significantly, an international report reveals that 2% of a corporation's capital
spent on the workforce is lost due to disability, absenteeism and under par performance. |
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1$ in time saves 9 !!!
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Spend a dollar on employee wellness and save: |
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USD 3.48 in reduced health care costs!
USD 5.82 in lower absenteeism costs! |
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Study conducted by Pepsi Co.
In an effort to combat growing employee ill–health and its
consequences, corporations worldwide have instituted wellness programmes with very
positive results.
In the workplace, employee wellness has been proven to impact significantly on productivity,
and consequently on the corporate bottom line. The benefits of ensuring wellness
at the workplace are manifold: |
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• Combats the hidden costs of unwell employees, including cost of healthcare.
• Reduces absenteeism & employee turnover, thereby bringing down the cost
of hiring and training new personnel
• Boosts the work place morale
• Maintains and improves productivity & work performance
• Increases company loyalty & responsibility. |
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In essence, cost saving apart, wellness very decidedly raises an employee’s
happiness quotient. |
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A better way to say you care. To gift
a Wellness Package,
click here. |
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