What’s the best way to attract talent and motivate employees so you get the most the bang for your buck out of your personnel? The trick is to find the just right mix of employee incentives for your business to make you successful, and initiating a workplace health program could be a part of that formula.
Why? According to the Centers for Disease Control and Prevention, you could potentially reap big rewards in the way of cutting health care costs and saving valuable productivity time, as well as improving overall employee morale. And there are tangible numbers to back up that claim.
A recent study from the CDC looked at employees in one state and found that one in four workers are obese—a staggering number. And the costs can mount very high. Obesity-related health care costs were $147 billion in 2008, numbers that can indirectly impact your business due to lost productivity and rising health care costs in general.
Maximize Your ROI
A 2015 report in the Society for Human Resource Management claimed that the return on investment for disease management was a whopping $3.80. While overall ROI was $1.50, they claim there is an additional “Employee Positivity Factor,” which cannot be quantified.
If you’re looking for numbers more specific to your circumstances, conduct an assessment before you implement a health program at your business. This assessment can give you important information about the health of your staff and tell you what type of program your company needs.
Assessing Your Health Care Options
The CDC offers a breakdown of your assessment options along with information on how to gather data and use it to your advantage. One of the most effective methods for determining the best program for your business is to have a liaison conduct a site visit. This person will be able to observe and interact with your staff in order to determine exactly what you need.
But there are more economical options. For instance, simple employee surveys may be sufficient for you to gather the information you need. Or, an analysis of certain records like health care costs, absenteeism, or other data that you already have on file.
After you’ve completed your assessment, you’ll have a better idea of what kind of workplace health program you need. But how do you go about initiating it? Fortunately, there are resources that can walk you through exactly what you need to do.
The National Healthy Worksite is a great resource for establishing an employee health program, with tools and implementation guides you can use. It offers a comprehensive smoking cessation initiative, nutrition and fitness information, and even a toolkit to help establish a garden right there at your business. When you want to check your progress, you can use the Worksite Health ScoreCard (HSC). This tool can allow you to determine whether what you’ve implemented is helping your team keep healthy the way it should.
But who knows? A better indicator may be the smiles on the faces of your team and in the quality of what they provide to the customers every day.