A Checklist for Effective Workplace Wellbeing
July 26, 2017 / Corporate Wellness / Virgin Pulse
According to Dr. David Batman, International Occupational Health Adviser and Science Advisory Board member for Virgin Pulse, “The modern workforce is in a critical state, and the health and wellbeing of employees are suffering.” Recent research shows that a high percentage of employees are disengaged and working in sedentary office cultures, factors that are linked to lifestyle-related conditions such as diabetes and heart disease. This puts a tremendous budgetary strain on organizations; the Centers for Disease Control and Prevention (CDC) estimates that illness costs employers $225 billion annually in the US alone.
Organizations are also challenged with better engaging their workforces in an extended period of stagnant productivity growth. According to the Bureau of Labor Statistics, productivity has grown only .3% annually over the last 5 years. A holistic wellbeing program is a proven method to address and improve business outcomes.
Dr. Ron Goetzel, another member of the Virgin Pulse’s Science Advisory Board, has authored research that shows a correlation between companies investing in the health and well-being programs for their employees and stock market performance. In the 14-year period from 2000–2014, Koop Award winner’s stock values appreciated by 325% compared with the market average appreciation of 105%.
In a new resource, Winning Workplace Wellbeing: a five-step guide, Dr. Batman, Dr. Goetzel and Dr. BJ Fogg, also of the Science Advisory Board, provide their guidance and tips on the key factors to consider as you create or restructure a wellbeing program.
You’ll learn how executive buy-in, inclusiveness, value on investment, and a unified solution help drive employee engagement, real behavior change, and positive business outcomes.