With healthcare costs skyrocketing for both employers and employees, it’s important for employers to realize that it’s not just good will to help employees invest in their health, but it’s also good business.
According to a recent Towers Watson study on employee health and productivity, employers with highly effective health and productivity programs generate 20 percent more revenue per employee, realize a 16.1 percent higher market value and deliver 57 percent higher shareholder return.
Now those aren’t numbers to sneeze at!
So if you don’t have a health program in place currently, where do you start? How can you substantiate the new investment? How can you show the “C-Level” team the return on their investment?
Well, here’s a few ways to make the most of your dollars while making the greatest impact.
Improve Your Janitorial Program.
Sounds simple (and it many ways it is), but just increasing your janitorial spend a little can make all of the difference to the health of your employees.
Usually, employers see janitorial services as “emptying trash” and “sweeping floors” and certainly that is important for perception, and maintenance. But the right janitorial partner can also be key in keeping your employees as healthy as possible.
Companies like ReFresh can come in and not only perform deep cleanings, but also sanitization of common “germ-spreading” items like door knobs and light switches. And according to Forbes magazine, companies in the U.S. lose $576 BILLION annually due to sick days. That’s real money not hitting the bottom line.
Provide Healthy Food Options
Here are some results from various studies on employees who are provided with healthy food options:
- Employees who eat healthy are 25 percent more likely to have higher job performance.
- And, healthy employees take fewer sick days. Absenteeism is 27 percent lower for those workers who eat healthy and regularly exercise.
- Overweight employees cost their employers $73.1 billion a year and file twice the number of workers’ compensation claims.
With all this said, a cost-effective way to help this is to stock your kitchen and vending machines with healthy snacks. Talk to companies like ReFresh can offer a variety of healthy options including a complete Avanti Market with fresh fruits and sandwiches.
So pay attention to your employees health and you (and they) will see a tremendous return on the investment.