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Employee Wellness and Your Firm’s Bottom Line



Wellness through yogaTo keep the body in good health is a duty... otherwise we shall not be able to keep our mind strong and clear. - Buddha

It is too bad more companies do not follow the teachings of Buddha – these words may help their bottom lines. What is your company doing to increase wellness at your company?

The Journal of Occupational and Environmental Medicine cites that healthcare expenditures are nearly 50 percent greater for workers who report high stress levels, so by reducing the level of occupational stress for employees, the company stands to benefit from significantly decreased healthcare expenses. Regarding absenteeism, the U.S. Bureau of Labor Statistics found that a median of 25 days away from work occur because of occupational stress, which is over four times the median absence for all injuries and illnesses.

This finding serves to support the immense gains resulting from decreased costs and increased productivity that companies can benefit from by focusing on their employees’ wellness. Organizations also stand to benefit from a workforce that is better able to deal with job-related stressors, as well as able to concentrate on job-related tasks and issues without losing focus due to personal matters on their mind. Decreases in stress also lead to less fatigue, anxiety or other adverse psycho-physiological consequences being experienced, allowing the quality of both professional and personal life to increase.

Similar to wellness programs, companies are currently offering a variety of opportunities for recreation and recreational activities to improve the physical and mental wellbeing of their employees. By offering their employees the opportunity to partake in these physical activities, organizations are providing an outlet for employees to increase their health, reduce their stress, and develop their personal interests. This particular type of benefit aims at improving employees’ personal lives, so that the company may benefit from an improvement in employees’ professional lives as a result.

More specifically, employees who utilize the available opportunities for recreation feel that they are more relaxed, healthier, less prone to using sick leave, less prone to injury resulting in disability leave, and more mentally prepared to handle the stress associated with either their personal or professional lives. This increase in morale, physical and psychological wellbeing have been shown to positively affect the workforce through increased job satisfaction, increased intention to stay, increased productivity, decreased absenteeism, decreased turnover, and fewer employee relations conflicts.

As with many aspects of our careers today, you own your career destiny and, in this case, your well-being. How can you continually make your career more stress-free and healthier?

Wishing you great health,

Paula

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Hi Paula,

I couldn't agree more...I used to teach yoga at Novartis and other companies in Boston...some of that is popping up here in South Florida...but now I teach on the beach...hope you had a great Thanksgiving! Saskia
p.s. I love what you send out. Little nuggets of great info!

Thanks Saskia! I appreciate your comment and kind words. Yoga on the beach sounds wonderful.

Paula

Paula, how true your words are. Our founder Elbert Hubbard embraced the concept of employee wellness and investment more than 100 years ago, creating opportunities for recreation, stress reduction, education and even going so far as to create the first "coffee break." It's amazing how century old wisdom and actions are relevant today; care for your employees, dedication, self investment to learn new skills to make yourself more valuable, being self reliant. Even with today’s market and the constant fears about job security this is a two way street and employers must show their employees that they care and are investing in them to increase productivity and dedication

Thanks Dan! Elbert Hubbard was truly a visionary -- clearly ahead of time. Does he have any great quotes on the importance of employee wellness? I couldn't agree more...investment in people remains critical, even in difficult economic times. My concern is that the survivors of layoffs and those in high-stress key positions are the most vulnerable to burnout.

Paula

It's a little more complicated that putting wellness on the backs of employees and companies. First of all, companies are for-profit ventures are can't remain well if we keep burdening them with the cost of healthcare. Remove healthcare and save your company's life.

Furthermore, wellness is subjective and not as scientific as one might think. Also, wellness is often a code word for 'weight loss' and I just don't think the science is good enough to say that losing weight cures all of our problems.

http://jezebel.com/5356697/fat-vs-fiction

Finally, if I want someone to tell me what to do, I'll talk to my Mom. Companies fail when they are paternalistic and condescending. Treat your employees like adults. Demand that they come to work, be productive, and add to the bottom line. The other stuff? It's extraneous and unnecessary.

Thanks for your comment, Laurie. We are probably in agreement on most things. I agree that companies have a number #1 goal to be successful (for most, this means financially profitable) and that they, of course, should not be paternalistic and condescending with their employees.

Here is where we may differ: I believe providing options for wellness and rewarding options for wellness are different things. The latter is more paternalistic (which is prevalent in some corporate cultures, but not all). The former can help the bottom line (without treating employees like children). Based on the research and personal observations, I believe that physical, emotional and mental health do have positive benefits -- and that, at the macro level, companies do benefit from a healthier workforce.

Thanks again for the comment and the link.

Paula

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