How Boosting Employee Well-being Positively Impacts Your Business’ Bottom Line
It’s simple — healthy employees are happier and more productive at work than unhealthy employees. Keeping your employees’ health and well-being top of mind in the workplace is important. After all, if an employee’s physical, mental or social health suffers, so does their efficiency at work.
This goes beyond making sure they make their yearly doctor appointments. An employee brings his or her whole self to work in a personal, social and emotional sense. If your employees’ health in all these areas of life is maintained, they can stay productive and happy at work as well as in their personal lives.
Health and well-being carries implications in the financial sense as well. That is, employee well-being can have a positive or negative effect on your business’s bottom-line. If your employees are thriving and productive, chances are your business will be, too.
- Employee well-being keeps your business more productive
So, we’ve established that it’s important to keep your employees happy, healthy and productive. Thankfully, investing in workplace well-being programs does just that while promoting long-term cost savings for your business.
A 2018 study by Willis Towers Watson found that companies with strong well-being programs in the workplace have:
- Higher revenue per employee
- Higher employee engagement
- Reduced health care costs
- Fewer lost days due to illness, disability and other unplanned absences
- Fewer stressed or burned out employees
Blue Cross® Health & Well-Being is focused on the belief that well-being is the perception of all elements in someone’s life — career, social, financial, physical and community. Improving employee well-being leads to a healthier and happier workforce with higher workplace and personal performance.
- Boosting employee well-being with Blue Cross Health & Well-Being
Businesses are placing more focus on well-being programs that directly benefit an employee’s physical, mental, emotional and social health. Programs, such as Blue Cross® Health & Well-Being, play a major role in keeping team members in good spirits in the workplace, preventing office burnout and enriching the whole person and his or her health.
If you’re looking for ways to keep your business cost effective while investing in the health and happiness of your employees, Blue Cross Health & Well-Being programs offer a great way for your business to do just that. A few of our robust offerings from our well-being portfolio include:
- An online health assessment, providing employees with a picture of their current health and health improvement areas
- A Digital Health Assistant with recommendations for digital coaching programs available through WebMD
- Online tracking monitors and personal health records
- Tobacco coaching (available in January of 2020)
Blue Cross also offers Blue Cross® Virtual Well-Being, which features two live webinars each week — one for employers and one for members — that focus on ways to improve well-being, and discounts on healthy products and services with Blue365®.
Visit bcbsm.com/engage and view the Health and well-being programs folder for resources to help promote Blue Cross Health & Well-Being programs in your workplace.
The program also offers Plus and Premium buy-up packages, that offer expanded well-being programs such as reward tracking, text messaging, Physician Health Screening, Fitbit fulfillment and onsite well-being coordinators. Contact your Blue Cross agent or account manager to learn more.