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Customized Wellness Programs

How Wellness Can Be Good for Business

We know that workplace wellness programs can help boost healthy behaviors and reduce absenteeism among workers. But what about the bottom line? Studies have found that companies with robust wellness programs outperform others on the stock market by an average of 7-16% a year.

In fact, some experts argue that investors could benefit from assessing wellness metrics when valuing companies. A paper in the Journal of Occupational and Environmental Medicine (JOEM) introduces an Integrated Health and Safety Index (HIS), which would help investors determine the business value of a company’s health and safety. The assessment is modeled after the S&P Dow Jones Indices, a set of metrics used by the investment community to evaluate the economic, environmental, and social performance of the largest public companies.

As Chris Orchard writes in a Harvard T. H. Chan School of Public Health article, the authors of this JOEM paper are “entering uncharted waters….the overall business value of wellness is just now emerging.”

More research regarding the benefits of wellness programs and practices on business outcomes will help. In particular, what are the specific connections around why wellness is good for business? Is it because employees are more productive, making the overall company more cost-efficient and profitable? Or as Orchard writes, perhaps strong health and safety programs are just “symptoms of good management”?

One key challenge in assessing the business value of a healthy workplace is reflecting its non-monetary benefits, such as talent acquisition and retention, which is not reflected in metrics like health insurance savings or stock market performance.

Despite the measurement challenges, Orchard notes that some businesses have been able to demonstrate immediate business benefits from wellness efforts. One medium-sized company that manufactures industrial automation products experienced an eight percent profit from operations about five years into their workplace wellness initiative, which included physical activity programs, a health clinic, pharmacy, and health coach). In addition, the company experienced a one percent staff turnover rate, compared with an industry average of 13 percent.

Bottom line: We know businesses can save money and boost profitability by supporting workers’ health, safety, and well-being. As a Huffington Post article reports: “The cost of chronic disease, work-related injuries and illnesses, stress—along with the resulting employee disengagement, poor productivity and absenteeism—is estimated to amount to more than $2.2 trillion, or 12% of GDP in the U.S. alone. Never before has the business community faced risks and opportunities in health at this scale.”

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Unhealthy lifestyles lead to chronic disease – smoking, poor nutrition, physical inactivity, and alcohol consumption account for 800,000+ deaths annually.
The success we have at Finish Line Chiropractic would not be possible without the marketing system we have in place. Our marketing development coordinator, Kay Grobel, is what holds it all together. She is great at contacting people and building relationships, which has then turned into great opportunities for us to get in front of various businesses and groups. She is great at organizing events and helping make sure they go smoothly. We also utilize various marketing tools and programs, which h…
I found the session to be rather informative in regards to items found in foods and what to try to avoid. And which types of foods are better for our bodies. I am really looking forward to making some of the foods from the recipes that were given us – 10 items needed.
Chronic disease related to lifestyle account for 70% of the nation’s medical costs.
What I live for is my life is my family. My wife is a strong believer of “real foods”, eating healthy and exercising. I thought I already had a head start regarding healthy living before meeting Dr. Gianforte. I was correct, but she explained to me that wise old tail about eating right and exercising just wasn’t enough. Sleep, posture and how your internal body works, all have to be in sync for optimum results. I learned quite a few fun facts about my daily routine and how I can change the…
I was surprised by how much sugar is in our processed food and beverages. I will be reading more food labels looking for sugars and bad fat and chemicals.
Finish Line’s team is simply fantastic. Their presentation was informative, humorous and delightful. The shakes they provided were absolutely delicious. We have had many other speakers in our office, but Finish Line was something special. Our employees were engaged like I have never seen them before! I would highly recommend your next wellness presentation to be by Finish Line. They are a highly professional and intelligent group of people!
Kay, everyone in the office enjoyed their presentation and visit.. I was skeptical but it was great… thank you so much .. have I changed my eating habits … well – working on it more now..
Kay was very helpful with setting up the event. I had many options on the topic and they were very flexible with the date and time.
You all rock! I just want to say that you all are the buzz this afternoon around my office. I have had so many questions I have answered or tried my best to so THANK YOU THANK YOU THANK YOU!

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