Organizations where wellness is valued by senior leaders and line workers alike don't rely on wellness programs alone. These companies and groups, which Towers Watson terms "high-effectiveness organizations" (HEOs), embrace a holistic view of health and productivity.
Build a Culture of Health
Work environments in which work-related causes of stress are well understood and mitigated exhibit one of the building blocks of a culture of health, Towers Watson says. HEOs also provide easy access to high-quality health care and measure health and productivity outcomes.
These investments in employee healthcare translate to direct financial benefits, Towers Watson says. HEOs "are 40% more likely to report financial performance above their peers over the last year than low-effectiveness companies (63% vs. 45%). In fact, high-effectiveness companies are nearly 80% more likely to report their financial performance as significantly higher than their peers (20% vs. 11%)," the report says.
Towers Watson finds that among HEOs in the U.S., "there is a differential in annual healthcare costs of more than $1,600 per employee, giving a company with 20,000 employees a $32 million cost advantage over low-performing organizations."
That alone should be reason enough to work toward reducing stress levels among your organization's staff.