How Large Companies Take Care Of Employees' Health (And Why It Can Be Beneficial)
Employees' health is no longer solely their responsibility. Today, it is challenging to think of a successful business that does not in some manner consider its employees' health. Furthermore, it goes beyond the standard VMI; contemporary businesses are actively establishing health support programs and assuring the well-being of their workforce, incorporating it into their corporate culture.
However, it is not just about corporate values and the competition for the finest employees – it is also advantageous for businesses to care for the physical, mental, and emotional well of their workforce. Each day an employee is absent from work due to illness results in expenses for the business. This thesis is clearly illustrated by absolute figures. For example, according to the US Centers for Disease Control and Prevention (CDC), in 2016 alone, the US economy incurred costs of $2 billion due to the absence of company employees at work due to illness.
Treat or teach?
The modern strategy for protecting employees' health goes beyond just offering top-notch medical care. Leading businesses have recently shifted to a more complicated and non-linear strategy built on the well-being philosophy.
The major goal of well-being is to balance physical, emotional, and financial well-being while fostering in staff members a conscious attitude toward their health.
Thus, an employee of the company does not just become a "consumer" of services provided as part of a social package but also learns to "be healthy" with the help of an employer.
The modern approach to improving the health of employees, in addition to medical insurance, includes several areas of work. Here are some examples:
Prevention of employee health
This should involve promoting healthy eating, exercise, yoga, massage, and much more while discouraging unhealthy habits says this dentist who does Invisalign and oral surgery in Marlborough MA. As preventive measures also save money for the organization, it is worth adding that this strategy does have a pragmatic element to it even though it is intended to have a longer-term impact.
Thus, according to studies, preventive programs allow companies to save about $6 per employee per month. Employers encourage their employees to lead a healthy lifestyle in different ways: in some cases, these are additional bonuses to the existing social package, and in some cases – non-material incentives. Thus, a spa treatment at a beauty spa or aroma massage centre will be not only a pleasant pastime. Your employees will appreciate a luxury massage and other beauty services at https://armonia.ae/ and it will contribute greatly to the company's well-being.
Taking care of children and parents
In leading Western companies, taking care of employees with young children has long been one of the priorities of corporate policy. For example, Google allows young parents to take time off any day and receive additional funds for child care. Facebook pays its employees compensation of $ 4 thousand at the birth of a child.
Employee entertainment as a way of recovery
Leisure has become an integral part of corporate wellness programs. Companies solve this issue in different ways. For example, one of the Coca-Cola representative offices has organized its running club, and Airbnb annually pays its employees an additional $ 2 thousand, which can be spent on travel.
Trends of the near future
Take care of an employee today so as not to pay for him tomorrow
Employers have already assessed the effectiveness of preventive work to improve the health of their employees. It should be expected that companies will try to minimize the costs associated with the treatment of employees, with an eye to the long term.
Employers will start to worry about the psychological well-being of their workers
The major causes of the current reduction in labor productivity are depression and psychoemotional malaise, especially if the physical illness of employees results in absences from work. Large corporations are already providing their staff with psychological support and help tools today.
Burnout at work will become a widespread problem
According to studies, stress and burnout affect almost 50% of the workforce at large corporations annually. The workload both within and outside of the workplace, as well as the disparity between the employee's efforts and the amount of money received, are the main causes of this. It is reasonable to assume that in big businesses, preventing burnout will add to the list of employee wellness initiatives.