Employees are your company’s greatest assets. Unhealthy employees have lower productivity and increased absenteeism. As an employer, you have a unique opportunity and responsibility to foster a healthy working environment in your organization.
You can provide relevant information and resources to encourage employees to take personal responsibility for their health. As a result, you can reduce health care costs. Plus, healthier employees enjoy higher morale, greater productivity, and less absenteeism.
What is absenteeism?
Absenteeism usually refers to a pattern of missing work. It is costly for both employers and employees. The employees may not be paid and may even risk losing their job for calling in sick.
Likewise, absenteeism also affects employers. An organization’s revenue, productivity, and costs suffer due to absenteeism. It contributes to increased labor costs and employee turnover.
According to a bayt.com survey, ‘Absenteeism in the Middle East Workplace’ low job satisfaction is the main reason for absenteeism. The survey brings to light many of the hidden factors that were swept under the carpet.
Corporate wellness decreases stress and lowers absenteeism
Harvard University researchers reviewed 36 studies of corporate wellness programs. They found the company’s absenteeism cost fell $2.73 for every dollar spent on wellness programs.
Likewise, a meta-analysis of 42 corporate wellness studies found a 25% reduction in health costs, a 32 percent reduction in worker’s disability cost and compensation, and a 25% reduction in absenteeism and sick leave.
Reducing the stress levels at the workplace can promote the well being of employees. Corporate wellness initiatives must move beyond HR. If you want to reduce the level of employee disengagement and retain top talent, then offering the right combination of corporate wellness initiatives is essential.
Employers can positively influence workers’ work-life balance by offering the following wellness initiatives.
- Flexible work arrangements
- Weight-loss programs that enhance physical health
- Meditation programs that reduce stress
- Introducing amenities such as fitness rooms and daycare centers
- Being more accommodating
- Improving the quality of the work environment (for example reducing noise levels, and providing private areas, etc.)
How can an employer reduce absenteeism?
High levels of absenteeism is an indication of poor wellbeing among staff. When you set to asses the wellbeing in your workplace, several indicators will reveal the actual scenario.
- Diversity of the workforce
- Is the workplace family friendly
- Conclusions that can be drawn from productivity data and sickness leave
- Are there any rewards to recognize achievement and good work
- What do customer and staff surveys tell about the level of satisfaction
Employee wellbeing initiatives that will reduce absenteeism and boost productivity
Wellbeing initiatives tackle elements such as employees’ emotional and mental health, financial education, social connectivity, and job fulfilment.
A research study says that a happy and healthy workforce may reduce costs of more than $1600 per employee-That’s a considerable margin. Likewise, it reduces absenteeism due to unexplained sickness or disability.
If you want a successful business with happy employees, check out these corporate health initiatives.
Flexible working arrangements
Permitting employees to work from home leads to a massive boost in productivity. Also, it provides a break from the long commute and a feeling of always being in the office. Giving your workforce a chance to work from home a day a week can boost morale and productivity.
Onsite fitness programs
Fitness lowers healthcare costs, reduces stress and absenteeism, encourages better work performance, and fosters teamwork. Also, it boosts life balance, joy, and longevity. You can include initiatives such as guided yoga classes, providing onsite fitness centers, and stress management seminars.
Mindfulness training helps employees to gain work-life balance, reduce stress levels, and enhance their productivity. Likewise, it increases creativity, focus, improves communication, and reduces anxiety.
Among other benefits, financial education results in better health and lower health care costs. Poor financial management leads to stress. Headaches, low energy, frequent colds and infections, upset stomach, and even high blood pressure and heart disease can result from long term stress.
These health conditions result in absenteeism and affect your health care costs as well. Financial education initiatives reduce stress and boost performance.
Access to healthy food
The concept of nourishing your workforce to grow your business is the modern-day mantra. To have a healthy and productive workforce equip the coffee station with various decaffeinated options, roasts, flat whites, along with options like soy milk and almond milk for those who prefer non-dairy.
Providing healthy foods in the corporate cafeterias at moderate cost will not only boost employees’ health but reduce absenteeism as well. Organizing integrated wellness programs that emphasize healthy eating will bring lots of positive feedback on health and diet.
Sleep friendly policies
Sleep deprivation leads to poor health resulting in absenteeism. Inadequate sleep may worsen or lead to chronic fatigue, diabetes, dementia, and stroke.
Proper rest improves emotion management, boosts focus, productivity, problem-solving skills, impulse control, ability to retain information, and other complex brain functions. Even a short 20-minute power nap enhances employee alertness and productivity significantly.
When employees know their boss appreciates them, they work harder and get more done. Showing gratitude is a powerful driver of employee loyalty, motivation, and job satisfaction.
Recognition not only builds a relationship between you and your employees but also between the organization and the employees, which ultimately results in less absenteeism and more productivity. A business leader who practices gratitude positively impacts his team’s output and happiness.
Corporate sporting events
Corporate sporting events boost the health and wellbeing of the employees and influence culture, engagement, staff retention as well. These sporting challenges help people to push themselves to greater things.
Anything from cycle challenges, to walk or runs, or ultra marathons, boosts team bonding, employee engagement, team building, and corporate social responsibility. This shared endeavour promotes health and wellbeing and reduces absenteeism.
Developing a sense of purpose and contribution
When people find that their work is meaningful or serves the communal good, they find a greater sense of wellbeing. When jobs are not seen as mere tasks but as significant contributions that will make a difference in the lives of others, it fosters positivity and loyalty.
When employees see their work is connected to a higher calling, it unleashes motivation and positive energy. Catalyzing teamwork and innovation is the heart of success that boosts productivity and reduces absenteeism and low job satisfaction.