Health & Wellness
If you are a business owner or manager concerned about the health of your workplace, the wellness of your employees and the connection to your bottom line, ENCOMPASS Benefits & HR Solutions Inc. can show you how best to manage and reduce the business impact of absenteeism, presenteeism, short-term and long-term disability costs and associated benefit claims.
More and more, "Health and Wellness" is becoming a common phrase on the news, in advertising, in conversation and especially in workplaces. Companies with successful worksite health and wellness programs experience lower healthcare costs, increased productivity, and decreased absenteeism due to illness and injury. Healthy employees feel better, live longer, have above average attendance and are able to contribute more effectively to the companies they work for.
Did you know:
- Disability benefits now make up nearly one-half of the insurance costs for your employees.
- Stress and psychiatric disorders make up 35% of all disability claims.
- The hidden costs of disability (lost productivity, absenteeism) are estimated to cost Canadianemployers $30 billion a year.
- Canadian workers lost an average of 9.1 work days to disability in recent studies. B.C. employees had the highest absenteeism at 10.5 days.
Health and wellness has also become a key component to employee retention. An effective health and wellness program encourages work life balance, thus creating happier employees and strengthening loyalty. And with a strong health and wellness program, business owners and managers can keep a "pulse" on the resilience of their organization and employees, their ability to cope with various pressures and stresses and their ability to perform unaffected by physical and mental concerns.
To receive more information about implementing a health and wellness program in your business, click here.