When you think of “employee benefits,” what comes to mind? A lot of people will think about healthcare or retirement. But what about perks and benefits like gym memberships, office-provided meals, or Carbon Savings Accounts?
All of these facets are part of a corporate wellness program. These programs are designed to help contribute to an employee’s overall health and wellness, ensuring they maintain a more well-rounded lifestyle both inside and outside of work.
What is a Corporate Wellness Program?
A corporate wellness program is an employer-sponsored program designed to support the health and well-being of employees. The goal is to ensure that employees, contractors, and those working for the organization are maintaining a healthy lifestyle, both physically and mentally.
Corporate wellness programs help increase productivity, reduce long-term healthcare costs, and improve organizational engagement and morale. Prospective employees often find these programs useful, as they want to know that the employer they might work for values the health and wellness of their individual employees.
Corporate wellness programs can encompass a variety of different facets. The most common include:
- Health screenings, assessments, or vaccinations: Organizations may offer health screening programs through their medical benefit, or provide employee-focused options such as on-site vaccinations for flu or COVID.
- Fitness and exercise incentives: Encouraging an employee’s fitness is a common way for businesses to contribute to a corporate wellness program. These are most commonly seen in the form of on-site fitness centers or reimbursements for exercise-related expenses, such as gym memberships.
- Nutrition education or healthy food options: Offering employees healthy food options, such as a catered lunch or a subsidized cafeteria meal, can help nourish them and provide them with the right fuel to get them through their workday.
- Stress management: Mindfulness training, mental health apps, and counseling services are all common ways employers can help with stress management benefits.
- Financial wellness programs: Offering chats with financial advisors and contributing to specialized savings accounts like health savings accounts or Carbon Savings Accounts are all ways you can help influence an employee’s financial wellness.
- Smoking cessation and substance abuse programs: Often not a commonly advertised health or wellness benefit, smoking cessation and substance abuse programs can help employees who are struggling with addiction get the help they need in a controlled manner.
Why Employees Engage with Corporate Wellness Programs
Corporate wellness programs are great ways for your employees to access health and wellness activities that they would normally have to pay for. These programs provide major cost-saving benefits and access to resources that employees may not have received otherwise.
Here are a few reasons why it’s important to provide your employees with a corporate wellness program:
- Helps employees maintain healthy habits: When employees exercise regularly, maintain a healthy diet, and are up-to-date on major vaccinations and check-ups, they’re much less likely to call out sick unexpectedly. This can help increase efficiency and productivity while minimizing absenteeism.
- Provides a good work-life balance: Certain aspects of wellness programs, such as fitness initiatives and mental health programs, require employees to take some time outside of work to focus on those activities. This helps them maintain a good work-life balance and set healthy boundaries with work.
- Increases job satisfaction and employee engagement: Some wellness programs can be extremely valuable to employees. For example, a financial wellness tool can be beneficial for employees with financial issues. Financial wellness benefits can reduce stress and increase an employee’s focus during working hours. Reducing stressors outside of work is a great way for employers to create a lasting relationship with employees.
A Competitive Edge for Employers
While the main goal of a corporate wellness program is to engage employees and provide them with more lasting benefits, wellness programs also benefit employers. Workplace wellness initiatives help employers:
- Minimize the cost of health benefits: If employees are actively maintaining their health and practicing healthy habits, they’re less likely to have expensive health expenses for employers to manage.
- Mitigate disability expenses: Workplace wellness initiatives such as ergonomics and safety programs help to prevent costly injuries in the future, reducing the cost of healthcare both for employers and employees.
- Boost productivity: Studies show that diet and exercise can stimulate healing effects on the brain, such as counteracting mental decline associated with age, when your employees are mentally sharp and focused, productivity increases.
- Attract and retain top talent: Employees want to work for employers who share their values and provide lasting benefits. Effective attraction and retention tools save the company on hiring and employee turnover costs.
If you’re looking for a great benefit to round out your corporate wellness strategy, consider the Carbon Savings Account (CSA). CSAs can help your employees with their financial goals and engage employees in your corporate sustainability strategy. If you’re interested in learning about how CSAs can help your organization, sign up for a free demo of Scope Zero's CSA platform.
Corporate Wellness Programs FAQ
How do I create a corporate wellness program?
Creating a corporate wellness program relies on understanding the current needs and wants of your organization. If you’re trying to decide what parts of a corporate wellness program to include in your engagement strategy, consider polling your employees for what they want and need before defining your program. Crafting your strategy around your employees’ desires shows that you listen to their concerns and are willing to change accordingly.
What should an employee wellness program include?
There is no set requirement for what an employee wellness program should include. Many employers choose their corporate wellness program based on employee needs or what their benefit providers can offer at an affordable rate.
What are the advantages of wellness programs?
Wellness programs help maintain healthy, happy employees while creating affordable healthcare costs. At the same time, they boost employee retention and attraction and strengthen your employer brand.
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Foster employee financial wellness while reducing carbon emissions. Scope Zero’s CSA measures, reduces, and reports on Scope 3 work-from-home emissions, all while engaging employees.
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