A Better Way to Cut Workplace Stress
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.
Cora Nucci is the Digital Associate Editorial Director for HealthLeaders Media.
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