When differentiating themselves in a competitive job market, employers may want to consider increasing their investment in wellness programs to attract top performers, especially young, Millennial workers. When it comes to boosting worker satisfaction and productivity, wellness programs can help companies appeal to millennials, who want to work for employers who take an interest in their health and well-being.
A new survey by human resources consulting firm Aon Hewitt shows Millennials are looking for employers that specifically offer wellness programs, Business and Legal Resources reported. Wellness programs can promote worker well-being through health education, weight management programs and other health-centered opportunities.
“Harder to quantify, but just as impactful, is the fact that your investment in your employees’ well-being will jump-start their morale, loyalty, and engagement – all of which is good news for their productivity and your bottom line,” said Carmella “Dr. Carm” Sebastian, a workplace wellness expert certified by the Wellness Council of America (WELCOA).
More employers are increasingly recognizing wellness programs as a way to improve work performance. A survey conducted by the National Business Group on Health (NBGH) reveals corporate employers expected to pay $594 per employee for wellness programs this year, up 15% from 2013.
As companies invest in the productivity of workers, they may want to consider developing a wellness committee that can support wellness initiatives and encourage other employees to participate in programs, according to BLR.com. Businesses also may contemplate offering incentives to reward employees on their participation and success in these programs.
“As your program advances, you will want to tie the incentives you offer into the benefit plan,” said Dr. Carm.
Companies may want to maintain a high level of transparency with workers and highlight their achievements to boost morale.