Here are the actual costs for businesses across Australia:
Resilient and Courageous Cultures = Successful and Profitable Businesses
Research from Workplace Health Association Australia shows that good management of employee health can improve a company’s financial performance by more than 2.5 times3. What’s more, a recent meta-analysis of 60 studies5 involving over half a million employees showed that effective workplace health programs resulted in an average:
- 25.3% decrease in sick leave
- 40.7% decrease in workers compensation costs
- 24.2% decrease in disability management costs
savingfor every $1 invested in employee well being.
What are the benefits of the right workplace health, wellbeing and culture change program?
✓ Improve the health and resilience of your workforce
✓ Boost staff productivity, motivation
✓ Reduce the number of employee sick days
✓ Create realistic and long-lasting cultural change within your
✓ Become an Employer of Choice – one that attracts and retains the best talent.
Effective workplace wellness programs need to:
|✓||Be designed so they can easily be incorporated into the daily schedule of even the busiest professional.||✕||Not an inflexible, unrealistic, over-demanding program.|
|✓||Be able to be
||✕||Not a one-size fits all.|
|✓||Be delivered by credible experts who know what works best based on experience, data, and research.||✕||Not from an overnight self-proclaimed expert.|
|✓||Be light and enjoyable, and reward positive
||✕||Not feel like an additional task to add to your to-do list.|
|✓||Be easy to monitor, evaluate, and adjust by your company based on the ongoing results and feedback.||✕||Not a hands-off approach with no modifications along the way.|
|✓||Be simple, easily understood information that is effortless to implement.||✕||Not overly complicated, conflicting, or confusing information that no one ends up using.|