State:
March 02, 2016
Study: Wellness rewards employers with increased productivity, engagement

Employers that establish a defined workplace culture of wellness can achieve widespread positive impact on the health and productivity of their employees while increasing engagement in company mission and goals, according to a study released by Humana Inc. and The Economist Intelligence Unit (EIU).

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The study, entitled “The Wellness Effect: The Impact of Workplace Programs,” explored insight into the scope, reach, and impact of workplace wellness programs as well as the challenges and opportunities that continue to shape their development. The study was specific in evaluating health and well-being benefits offered by large employers versus small employers who may lack resources in implementing formal wellness programs.

Conducted by EIU and sponsored by Humana, the study surveyed over 200 U.S.-based human resources (HR) executives and managers, and 500 full-time employees from organizations with employer-provided wellness programs. This is the second year Humana and EIU have collaborated to assess employer approaches to wellness program performance.

Employees who work for organizations that support a culture of wellness tend to derive greater benefit from participation in wellness programs, particularly in terms of increased engagement in employer mission and goals, stress, and overall happiness or well-being. Some 67% of employees found participation in wellness programs increased their engagement in their employer’s mission and goals. The survey found 91% of employees participating in wellness programs have improved their fitness while 89% say participation has improved their overall happiness and well-being.

“About seven in 10 companies in the U.S. have been broadly successful in establishing a culture of wellness, and employee recognition of that effort is rewarding employers with increased productivity, retention, and workplace engagement and improved morale,” said Beth Bierbower, president of Humana’s Group Segment. “The survey findings suggest that employers who tailor well-designed wellness programs to specific employee needs, and then make them easily accessible in terms of time and location, achieve highest positive impact.”

Despite recognition of the benefits of being employed in a corporate culture of wellness, many employees point to one major obstacle to greater participation in wellness programs: lack of time. Employers and employees agree (46% and 51%, respectively) the biggest obstacle to increased participation is simply not enough hours in the day.

“Another pervasive threat to wellness, and one that has not yet been adequately addressed, is work-related stress,” noted Bierbower. “Over half of employees believe work-related stress has taken a toll on their health. More formalized stress management programs must be a top priority for employers and employees in the future.”

About 44% of employer respondents say that stress management programs would be the single most effective way of establishing a culture of wellness. While only 14% of employees regularly participate in stress management programs, some 71% of employees say that wellness programs have had at least a moderate impact in lowering stress.

Key small business findings from the study include:

  • Smaller employers have lower participation rates (only 34% of small companies have half the workforce participating in wellness programs) but smaller companies are often agile enough to influence wellness culture quickly and informally.
  • The most important reasons for small employers to offer wellness programs are improving health outcomes (50% of small companies), reducing employer health plan costs (38%of small companies), and improving employee productivity (36% of small companies).

Study details are available here.

About Humana

Humana Inc., headquartered in Louisville, Ky., is a leading health and well-being company focused on making it easy for people to achieve their best health with clinical excellence through coordinated care. The company’s strategy integrates care delivery, the member experience, and clinical and consumer insights to encourage engagement, behavior change, proactive clinical outreach, and wellness for the millions of people we serve across the country.

About The Economist Intelligence Unit

The Economist Intelligence Unit (EIU) is the world's leading resource for economic and business research, forecasting and analysis. It provides accurate and impartial intelligence for companies, government agencies, financial institutions and academic organizations around the globe, inspiring business leaders to act with confidence since 1946. EIU products include its flagship Country Reports service, providing political and economic analysis for 195 countries, and a portfolio of subscription-based data and forecasting services. The company also undertakes bespoke research and analysis projects on individual markets and business sectors.

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