The Real Cost of Unhealthy Employees

December 27, 2018 - 2 minutes read

Companies have become increasingly concerned about their employees health and wellness. Corporate Wellness Programs which were earlier considered as a good-to-have solution are turning out to be a must-have solution. The primary reason being high direct and indirect cost associated with unhealthy employees.

Being concerned about employees’ health isn’t just the right thing to do, but it’s also a sound business decision. There has been a lot of research from industry experts who have found that healthier employees are happier and very productive.

The Facts

Unhealthy employees hurt the bottom line of the organisation. The Center for Disease Control (CDC) in USA estimates that $3 of every $4 dollars employers spend on health costs are used to treat chronic conditions, such as obesity, hypertension, diabetes, and depression. India is not far away in catching up to the west as much of the urban lifestyle in India has a strong western influence.

The Solution

The simple solution for employers is to invest more time and money for their employees to stay healthy. Initially this might not seem to be a wise decision. Especially for small companies but Comcare research shows us that for every dollar spent on improving a worker health, businesses save almost $6. That is an excellent return on investment for companies of any size to consider.

The below mentioned steps can be your reference for formulating a well defined health and wellness program for your organisation. Download Corporate Health and Wellness Strategy Template

  1. Ask input from your employees
  2. Plan and set employee wellness goals
  3. Find a holistic corporate wellness technology tool
  4. Host wellness events for employees
  5. Ask for feedback and  make improvements

Expected Results

  1. Lowered health care costs
  2. Increased employee productivity
  3. Lowered claims
  4. Reduced Absenteeism
  5. Improved Employee Engagement

About ekincare

Ekincare is a patent pending AI powered platform that makes wellness programs effective, measurable and sustainable with data driven insights & targeted employee programs.

*24*7 Doctor Consultations | *Online Pharmacy| *Reduced Healthcare costs | *Gamified Employee Engagement | *Effective and Sustainable Wellness Programs