First is organizational wellness which involves managing both business functions and employee well being in a manner that allows the organization to be more resilient to environmental pressures. The second is personal wellness which involves managing both psychological and physical issues in response to environmental stress, …show more content…
Other types of Non-cash incentives and reimbursements that companies will offer are recognition, special prizes, and extra time off (Jamison 81). There are many forms of company wellness plans; some are very structured health interventions with rewards and punishments. While other companies simply improve the nutrition of their cafeteria food. Company wellness programs can be very involved and offer individualized health coaching and training, or they can be not involved and simply place exercise equipment in the workplace. Some companies offer Incentives for employees to participate, these can include, reduced premiums, waiver of health-related fees, employee education, and structural changes in the workplace such as ergonomic furniture (Basas …show more content…
They can change behavior, increase individual accountability, educate customer, create a culture of health, and reduce company health costs (Jamison, 80). Company wellness programs offer companies a way to create partnerships with community hospitals and medical facilities. This allows companies a way to better its public image in their community. Another benefit of company wellness programs is to show how everyone within a community will benefit from a wellness program. (Stanwick 19)
Wellness programs also improve employee recruitment, retainment, and job performance (Stanwick 21). Some other ways wellness programs benefit companies are overall healthier employees, recruit and retain top-notch employees, decreased absenteeism, reduced employee turnover, increased employee commitment and morale, improved quality of work, and enhanced productivity.
Company wellness programs also lead to decreased company risk and expenses. (Stanwick 21) Some of the ways this is achieved is by decreasing worker disability, reduce stress of employees, fewer health risks, reduced workers ' compensation costs, lower medical costs, and information gathered can be used in rate negotiations with insurance. (Stanwick 22) A well set up program can offer a short term expense but have long term potential