Stay informed and ready to meet both everyday challenges and long-term planning and policy-making goals, with focused news, practical information, and strategic insights on all HR-related developments.
By Genevieve Douglas
June 6 — A well-designed wellness program is one of the best opportunities for employers to engage employees "in all spheres of their life," human resources professionals said June 6.
Wellness programs should encourage high-performing workers to remain at the organization to enable the company to be competitive in a global market, Lauren Benz, clinical account manager for MVP Health Care, told attendees at the WorldatWork Total Rewards conference in San Diego.
"Good health is good business at the end of the day" because employees are a company's greatest resource for success, Benz said. Benz warned that low employee well-being is often associated with higher employee turnover rates, low levels of employee engagement, higher health-care costs and increased absenteeism.
According to Dan Harding, director of total rewards and employee relations at MVP Health Care, an effective wellness program should focus on multiple aspects of employees' lives, including:
Harding added that over the next year or so, MVP Health Care is planning to also address tuition reimbursement programs and benefits for elder care for the employees taking care of children and parents.
For many companies, return on investment from wellness programs is often a part of the conversation company leadership wants to have, Harding said. Research shows that companies that are focused on well-being and focused on their people are usually high performing in terms of ROI, he said.
Branding is another important piece of the business case for a well-designed wellness program, Harding said. Employers should create a wellness brand that aligns with the company's overall identity, mission, vision and values. This creates a more recognizable wellness brand that will resonate with employees, he added.
Harding also advised that HR communicate these values and programs to managers to encourage employee engagement, as they interact with workers on a daily basis.
To contact the reporter on this story: Genevieve Douglas in Washington at email@example.com
To contact the editor responsible for this story: Tony Harris in Washington at firstname.lastname@example.org
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)