Ashwani Deswal – Best Corporate Trainer | Life Coach and Well-being Expert
5 Reasons Why Leading Companies Have Corporate Well-being Programs
Well-being is a dynamic process of change and growth. It is talked about everywhere, even the corporate world. Corporate Health & Well-being programs are one of the fastest-growing sectors in the corporate world as a business as well as within the business. Employers now can understand that if they put their employee’s well-being first, productivity will automatically be high.
The costs to business of unwell and stressed, especially in terms of absenteeism and low productivity, are huge. Though in today’s world corporate well-being is a bonus or advantage if the company offers, time is not far when corporate wellbeing will be an expectation not a perk. More and more employees believe that it’s a company’s responsibility to take wellness initiatives and make well-being programs regular.
- 1. Happy employee = Successful company
It is difficult to work with cranky colleagues, isn’t it? Having the right corporate wellbeing program makes employees feel stress-free. It involves a certain kind of workout & tools which reduces cortisol levels (stress hormone) & increases endorphins (chemicals produced by the body to relieve stress and pain). As a result, stress is released and the employee feels calm & happy.
Having happy employees is extremely important for the survival and performance of any organization. Happier & stress-free employees work harder and better. They give a damn more. They feel invested in the company’s goals. On the other hand, when employees are stressed & sad they put in the least effort just enough to keep them alive in the company i.e. avoid being fired.
- 2. Decrease absenteeism
Unhealthy lifestyle choices & stressful environments often lead to chronic diseases, costing businesses more than one trillion dollars in lost productivity alone.
One is that wellbeing program makes people more healthy physically, mentally and emotionally. Hence reducing the absentee rate. Second is that when you are happy with your workplace, you avoid taking leaves.
- 3. Cost Saving
Healthier employees save you the health treatment costs. Healthcare costs are rising year after year. Chronic diseases account for 75 percent of total healthcare costs. They are also the most preventable type of diseases. Such illnesses include heart disease, stroke, cancer and obesity.
Corporate well-being program helps people to get rid of the old unhealthy habits & negative beliefs and develop healthy empowering habits which make you healthy & wise.
- 4. Increases Clarity of Mind & Focus
There is no doubt that employees who are engaged in their work perform better. But it is hard for them to be engaged when they are stressed, anxious, sad or sick. While more people are now at work, many of them are not fully engaged when they are there.
Corporate Well-being program utilizes different modalities, regular exercises, tools & resources to detox your body, mind & consciousness. You are able to focus, concentrate & do more. Stress-Free employees work more efficiently with laser focus & deliver peak performance.
- 5. Employee Retention
We spend half of our waking hours at work and most people hate their jobs (the work, the people involved too i.e. bosses, clients and co-workers). A well-designed well-being program makes the relationship between the employee & workplace healthy and enriching for him as well as the company.
People who enjoy their jobs are usually also very good at them. Happy employees not only raise the organization’s productivity but also make it a magnet for the best talent out there. It helps keep employees loyal & improves employee retention.
- Conclusion:
All the leading companies in the world either have a Corporate wellbeing program or are in the process to have one. It is more of a responsibility of the employer towards its employees which is a win-win for the company as well as employees. No matter how big or small your company is, creating a culture of wellbeing in an organization is equivalent to creating a culture of success & abundance.