When you’re in the healthcare industry, you and your employees strive to help others improve their health and prevent diseases. However, there are certain business gains that you can capture by turning your sights internally to the wellness of your workforce. Focusing on your team’s health needs can help you save costs, including reducing sick leave and boosting productivity. In addition, prioritizing wellness for them helps you demonstrate their value to your organization, thereby reducing staff turnover.
The cost to healthcare facilities when employees leave is significant, especially when you consider the resources invested in hiring, training and developing your team. Desirable wages and benefits are obvious factors an employee looks at when making a career change, but wellness programs reduce turnover as well. When your enterprise shows a high level of commitment to the health of their workforce, your employees will want to stay. You reap the benefits of team development and the expertise workers acquire while on the job. Consider a few of the ways a vigorous wellness program can help you reduce turnover and retain your investment.
1. Employees appreciate the financial value of a wellness program.
Wellness programs reduce turnover when your team sees the savings they can provide. You can implement a benefit plan that positively impacts their pocketbook by offering lower health insurance premiums for employees who undergo appropriate medical screenings or regular testing available to them. Another option is to issue monetary incentive, such as a financial bonus, when they attend wellness seminars and educational sessions provided by your organization. Many of the most successful healthcare organizations keep turnover low by conducting exercise classes throughout the week and offering the services of fitness trainers.
2. Wellness programs reduce turnover by demonstrating support from top leadership.
Any employee health initiative will need backing from your management team, and seeing this reinforcement from the higher levels of personnel shows their commitment to the workforce. When your team feels that they’re valuable to your organization and its business goals, they’re less likely to want to start looking elsewhere. To the contrary, executives who don’t feel the need to establish a wellness program leave the impression that the health of the workforce is less important and employees are a dime a dozen.
3. Employees stick around as health initiatives increase engagement with their colleagues.
When your team spends the working day together, they become more than just co-workers; they become friends who are less likely to leave your organization and abandon their buddies. You can encourage your employees to engage with each other as part of your wellness plan, such as setting aside time to try a new healthy activity or taste a nutritious dish.
4. Effective wellness plans offer the benefit of flexible scheduling.
When considering the options you want to include in your employee health program, make sure to allow for flexible scheduling so workers can take advantage of what you’re offering. Your organization may feature an excellent wellness curriculum, but employees can't reap the benefits unless they have the time to participate. This proactive approach to employee health exhibits the level of commitment to the program and to your staff.
5. Employees save money when you include an on-site fitness center as part of a wellness plan.
Wellness programs reduce turnover by offering tangible monetary benefits. When you maintain a free fitness center in your facility, your workforce saves the cost of joining a gym on their own. Plus, you provide an alternative space where your employees can conduct business, such as walking on a treadmill while holding a staff meeting.