Employee Wellness Programs
Top 20 Corporate Employee Wellness Programs in Singapore
Corporate Workplace Wellness Talk in Singapore, Wellness Talk Singapore
About This Employee Wellness Programs in Singapore:
Companies today should no longer question if corporate wellness is required, but rather, ask how they can do better. More organisations are investing in wellness talks and courses paired with incentives to help keep their workers engaged. Corporate wellness is evermore so entrenched in workplace practices and policies.
Employee wellness programs are more than a perk. A majority of organisations regard workplace wellness programs as an effective way to address the growing trend of chronic diseases from heart disease to diabetes and the related costs that are reducing their bottom line.
About 80% of these diseases are lifestyle-related, experts say, and having a wellness program on-board that helps employees adopt much healthier habits can significantly lessen illness, accidents, absences and medical claims. Improved productivity is an additional and hard-to-ignore advantage.
Happier and healthier employees lead to much higher productivity and overall job satisfaction. Healthier offices can also help to draw in desirable talent and urge employees to stay longer. These corporate wellness programmes not only directly benefit the employees but they also make companies more appealing to shareholders.
The opposite is just as true. Organisations that neglect their employees are likely to bear the outcomes publicly, with notable examples facing immense pressure from shareholders and having to restructure C-level executives. Companies today should no longer wonder if corporate wellness is required, but rather, ask how they can do better.
Duration of this Employee Wellness Programs in Singapore: 60 minutes
Employee Wellness Programs Fees in Singapore for Each Talk:
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What Are The Benefits of Employee Wellness Programs?
Even though the benefits of an employee wellness program are hard to see at first, indeed, healthy employees habitually bring a range of advantages to other employees and the organisations they work for. Below are some of the advantages of an employee wellness program.
Employees who eat healthily and exercise frequently are likely to be more productive than those who do not. Bad health behaviours are linked to high levels of unproductivity and eventually lead to higher health risks and chronic diseases.
Decrease in absenteeism
Workplaces with comprehensive wellness programs experience much less absenteeism. This is because healthier employees are less stress, leading to cost savings.
Higher employee morale
Workplace wellness plans make employees feel cherished and valued. Employees are more satisfied when they feel appreciated and valued by their employers. The offer of workplace wellness programs usually leads to more enthusiastic employees at work.
Builds camaraderie among workers
Individual workplace wellness initiatives offer employees the chance to experience other activities unrelated to work, such as engaging in a sports team, going to the gym, or having lunch together. The interaction of co-workers encourages bonding that helps teams work better together.
Increase in recruitment and retention of employees
Excellent workplace wellness programs will help organisations to hire, as well as retain, the best employees. Many individuals will choose wellness and health offerings and other benefits when they want to determine an employer. Wellness plans also play a pivitol role in employee retention by helping to keep the employees loyal.
Reduction in health risks
Helping employees to adopt healthy behaviours such as eating healthily, exercising, and avoiding smoking lowers health risks. Low health risks lead to a reduction in health care costs.
Enhanced productive employees
Various studies suggest a healthy lifestyle correlates with increased productivity. Do not believe us? Next time you hit a rut, get your heart rate up, and you will likely get back in the zone.
Decrease in-office stress
Too many employees and companies accept workplace stress as the norm. However, it leads to burnout, which can result in higher employee turnover.
Lesser office-related injuries
Catching a break to exercise or just stretch limits common office injuries, resulting in fewer worker compensation claims.
More satisfied and happier employees
Giving a wellness program leads to happier employees. They will appreciate the advantage and be generally positive because they are leading a healthy life.
Increase Awareness For Employee Wellness Programs
A Corporate Wellness Program is an organised program, to assist and support workers in establishing healthier lifestyles. Such programs may include increasing employee awareness on health topics, scheduling behaviour change programs, and establishing corporation policies that support health-related goals. Programs and policies that encourage improved exercise, smoking avoidance and cessation and healthful food selections are several examples.
Worksite wellness strategies have been shown to Lead to cost savings for a company. A review of 42 studies has demonstrated that worksite health promotion programs can lead to more than 25% reduction in absenteeism, health care costs and disability/workers compensation costs.
Comprehensive worksite health programs focused on lifestyles behaviour changes have been shown to yield a $3 to $6 return on investment for each dollar invested. According to these studies, it takes about 2 to 5 years after the initial program investment to realize the savings.
Employee Wellness Programs is More Than Just Physical Fitness
Corporate workplace wellness is way more than just physical fitness. In addition to physical fitness, the dimensions of optimal health involve intellectual Wellness, social Wellness, emotional Wellness and spiritual Wellness. Various components of such wellness program must include fitness, nutrition counselling, discourses on purpose in life, well-thought-out financial planning, social connections and support systems, stress management, mind-body health, career planning and continuing education.
Corporate workplace wellness programs are critical as workers spend a great deal of time on the job. In addition, technologies such as modems, laptops, cellular phones, voice and emails have added a certain degree of work-related stress. An average IT techie may spend 12 to 14 hours a day at work and is unable to devote to wellness pursuits, and yet staff members are expected to be at top performance when at work.
A recent research study by the American Association of Occupational Health Nurses found that corporate wellness or wellness programs are successful in helping workers make positive health changes due to several factors such as convenience, environmental support, and a coworker or social acceptance.
What Are The Cost of Unhealthy Employees?
For most companies, the most expensive healthcare cases come from so-called catastrophic events, such as a stroke or a heart attack that occur to a minority of their workers. They may not always match the aggregate costs due to chronic conditions such as diabetes. The fact is, nonetheless, that catastrophic events account for only 20% of an employer’s overall health costs.
The Coalition on Catastrophic and Chronic HealthCare Costs estimates that 70-80% of healthcare costs is attributable to chronic health conditions, most prominently, cardiovascular disease, asthma and dibetes. The good news is that many of these diseases can be prevented or their effects reduced. Experts point to a 3 modifiable, lifestyle factors as significant contributors to chronic diseases, and consequently, to the tremendous financial toll on businesses:
According to numbers as far back as 1994, corporations spent more than $13 billion annually in medical fees and wasted productivity due to obesity. This number includes an estimated 39 million wasted workdays and nearly 62 million appointments to physician offices.
Additionally, a new study published in the American Journal of Health Promotion found that companies paid an average of $8,067 per employee every year for obesity-related disabilities, more than twice the associated costs for a healthy weight employee.
Smoking tobacco has, overall, decreased. However, the fact remains that employees who do smoke are in worse health than those who do not. Smoking influences organisations in more ways than one.
A recent study in the Journal of Occupational and Environmental Medicine reported that workers who smoked 1 pack or more of cigarettes a day had a 75% higher rate of lost production time than non-smokers.
This has cost companies about $193 billion annually in direct medical costs and wasted productivity and $5,816 per smoker per year.
As for employee’ compensation rates, smokers average $2,189 per year compared to $176 for non-smokers. Smokers also pay more significant costs for life and disability insurance and have double as many workplace mishaps, according to the American Lung Association.
Of all the workplace lifestyle factors, excess stress exacts the biggest toll. In fact, stress costs U.S. businesses an estimated $300 billion yearly in lost productivity, absenteeism, accidents, employee turnover, medical costs, and more, reports the American Institute of Stress.
According to one significant study reported in JOEM, stress and depression – 2 conditions often correlated – improve healthcare costs more than obesity, smoking, or high blood pressure put together. The 2014 Annual Work Stress Survey conducted by Harris Interactive on behalf of Everest College found that 83% of American workers are stressed by at least one thing at work.
Workers reporting stress had a 46% increase in their healthcare costs. Workers reporting depression had 70% higher healthcare costs than workers not reporting depression
How to Promote Employee Wellness Programs?
There are lots of ways that employees can relieve tension and anxiety while encouraging corporate wellness at work.
Using the workplace show that everyone is watching is the right way for people who might not typically participate in workplace communication to become a part of the conversation. Employees who are happy at work often say they have a lot of essential relationships with people at work. Having an office show can support corporate workplace wellness by encouraging widespread connection.
Some forward-thinking organisations have included nap rooms to their offices. When employees stay awake burning the midnight oil working, there are nap rooms at organisation headquarters to help them catch up. Most of us do not know the 7–8 hours of sleep we’re assumed to have each night, so if you allow workers to take a power nap, you’ll see an increase in energy, productivity and creativity. Encouraging corporate wellness in the workplace sometimes means encouraging napping. Power Nap App helps people create discipline in a daily napping routine.
Encourage employees to download a mindfulness and meditation app on their mobile phones that help them quiet their minds and relieve stress. A quick 60 minutes lunch talk can also teach employees how to do quick 5-minute meditation to relieve stress.
Some companies provide free or subsidies gym membership for their employees. This can be an aweome way to encourage employees to hit the gym.
A quick break to help relieve stress whenever employees need it can be beneficial. When employees are prompted to take the breaks, they return to their desks more clear-headed and motivated than before they had a couple of minutes to step away.
Promote employee morale
Set aside sometime each month or every few weeks to celebrate your organisation culture wins. This will create a far better organisation culture, more productive employees, and lower healthcare costs. It is a win-win situation for both the employees and employers.