The Cost of Poor Employee Health
Employee health and wellness directly impacts your company’s bottom line. Now that is a no-brainer. But did you know that India’s formal sector can save up to US$20 billion each year through 1 percent reduction in absenteeism alone? ‘Presenteeism’ is a scenario where employees are present but not in their best condition to give optimum performance. The cost of this is far larger and studies are still emerging with actual numbers attached to this. One study calculated the cost of presenteeism in the US to be more than $150 billion a year.
Companies with good health and wellness programmes clock 34% more revenue per employee than those who ignore such initiatives.
Did you know that India’s formal sector can save up to US$20 billion each year through 1 percent reduction in absenteeism alone? The cost of presenteeism in the US is estimated to be more than $150 billion a year.Source: ASSOCHAM report and American Productivity Audit
Employee Health takes a Nosedive to dangerous levels
The spike in the number of corporate honchos and those racing up the corporate ladder losing their lives is alarming. They are either paying with their lives or worse taking their own lives . A majority of them succumb to heart seizures, stroke, cancer, diabetes or depression.
A recent study revealed that more than 46% of corporate employees are under tremendous stress. Around 43% have skewed body mass indices, 30% are living with diabetic risks and 43% are living with hypertension risks.
Is your Company, doing enough towards Corporate Wellness & Health?
While fitness trackers, fitness weeks and healthy snacks programs are good steps forward, we need to go beyond such activism. We need to think long term, with a sustainable wellbeing being the final aim. Most wellness initiatives today focus on a person’s physical health, not their overall wellbeing. This leads to a lack of engagement and wasteful spending. We need to look at a more holistic view of our employees’ health. This should include mental/emotional health, stress management, preventative care options and more.
46% of corporate employees are under tremendous stress, 43% have skewed body mass indices, 30% are living with diabetic risks and 43% are living with hypertension risks.
Go the Ayurveda way to boost Employee Wellness and your Bottomline
Ayurveda is a science that is holistic at heart. In Ayurveda, the health and wellness of an individual, or the human body as such, is the sum total of many factors. These include his/her physical activities, the immediate environment, the mental and emotional activity with others, the seasons as well as how the body reacts to them. In short, good health is a multi-layered concept in Ayurveda.
Since good health is a sum total of many things, an integrated approach is essential. A great example of this integrated approach is the concept of Panchakarma, which helps purify the body from toxic waste. Such waste would have settled in the body due to our lifestyle choices in the modern world.
For Corporate Wellness at Itoozhi Ayurveda, we have formulated a thorough program. This involves an overall checkup, detoxification, lifestyle correction, diet correction, yoga along with rejuvenation tonics and techniques to generate outstanding results. The net result of such a program is to provide overall well being. This preventive approach has proved to be highly beneficial for employees and organisations alike.
Employees can avail health insurance benefits while organisations can avail our group rates. They can even gift ‘Holistic Health’ to incentivise performances.
Contact us to know more about our Corporate Health and Wellness Programs, and to avail these facilities.