Work Life Balance: Boom in Wellness Programs

Written by LeAnn Thieman, CSP, December 4th, 2014

work life balanceEmployers are getting smarter about what really motivates employees and are moving away from perks like big bonuses, lavish retreats and limitless expense accounts and are instead focusing on restoring work life balance.

Corporate wellness programs, which encourage people to take steps to prevent the onset or worsening of health conditions, to adopt healthier lifestyles, and live a life of balance have grown steadily in the past few years, according to the latest MetLife Annual Employee Benefits Trends Study.

Nearly half of employers offer such programs, almost double the number in 2005. Among companies with 500 or more employees, the number jumps to about 75%.

Some companies can’t afford to give merit increases as they did in the past, but they still want to do the right thing and take care of their employees and encourage them to have work life balance, so they offer wellness programs. Not only do they improve the health of the staff, but they also increase productivity while saving the company money.

Studies show that for every $1 a company puts into corporate wellness programs, $3 is saved through decreased sick days, increased worker productivity and employee retention, according to the National Business Group on Health in Washington, D.C.

Wellness programs aren’t just to lower insurance claims and pharmacy costs but to decrease absences, illnesses and injuries, resulting in a more effective employee.

Do your employees take advantage of your wellness program and are you encouraging a culture based on work life balance?

To learn work life balance skills that teach employees to take care of themselves physically, mentally and spiritually, visit SelfCare for HealthCare™. Contact me today to discuss how this program can change the lives of your employees.

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