How to keep up employee retention through health and fitness programs.
When it comes to the long term health and success of your company, any business head or employer will tell you that employee retention and satisfaction plays a large, critical role in the overall dynamic and effectiveness of your business. An employee who is unhappy with the environment that they work in and dissatisfied with their role at the company will not only hurt the overall tone and feel of your staff, but failing to retain a key employee can also cost your company thousands of dollars in the long run.
On the other hand, an employee who is successful and motivated at their position will not only ensure increased product sales, happy coworkers, customer satisfaction and the drive to excel at their role with the company, but it will also save your business from spending the time and money that it takes to replace someone with a key role in your staff.
In the next few years, employee retention will also become extremely important for second societal reasons as well. For instance, as the older generation work force (ages 40 to 58) begin to retire, the upcoming generation (ages 25-34) will only provide 44 million working members of the Generation X population. Compared to the 76 million Baby Boomers who had held jobs before them, this means a lot fewer people who are able to work in the next decade, making employee retention more important than ever.
So, how can you ensure that the health and success of your organization does not suffer due to the loss of employees? Many people agree that one of the best ways to keep your company alive and well is to first focus on the health and wellness of the people who work there.
Health Programs Increase Employee Retention
According to a study conducted by The Society For Human Resource Management, 45% of Americans who are working at a small to medium-sized company say that they would stay at their job longer because of employer-sponsored wellness programs. These beneficial wellness programs not only help employees by encouraging improved physical health, reduced stress in the workplace and the financial benefits of a healthy lifestyle, but they also benefit employers by energizing their employees and reducing their number of sick days.
The survey also found that, as a result of workplace wellness programs, 40% of workers said that they were encouraged to work harder and perform better, and 26% reported that they had missed fewer days of work by participating in these programs.
However, bringing health and wellness programs into your work place does not have to be a large investment with far off results. Many rigorously conducted case studies have shown that large employers adopting wellness programs into their company will see a significant return on investment, even within the first few years of adoption.
To learn more about the many health and financial benefits that health and wellness can bring to your company and employees, be sure to contact Walkingspree today and jump start your corporate wellness program and achieve the health care cost control you want.