Corporate Wellness Programs are a fantastic investment, at least according to Lincoln industries in Nebraska. CNN reported on this 565 employee company their committed investment in their employee’s wellness.
Corporate Wellness Programs are part of company Culture
The Corporate Wellness Programs, according the story, has been in place for 16 years at Lincoln, and it doesn’t seem to be going anywhere. The company has three full-time employees dedicated to the Corporate Wellness Program and the wellness of the employees, who receive workplace massages and a round of instructor-led stretching before they start their shifts.
Corporate Wellness Programs Assessed
According to CNN, one of the stipulations of the Corporate Wellness Program, which employees are not required to participate in, is that they receive quarterly checkups where assessments are completed on their weight, amount of body fat and flexibility. Based on these health assessments, the employees are then ranked from platinum all the way down to “non-medal”. To become platinum level, where you receive a company-paid climbing trip, you must achieve certain physical fitness levels and be a non-smoker. Smoking cessation classes are part of the Corporate Wellness Program.
Corporate Wellness Programs Result in Big Savings
The Corporate Wellness Program has been a wise investment for Lincoln Industries. By having healthier employees, they have seen an average of $2 million in savings in health care costs per year. The savings don’t stop there, since instituting a Corporate Wellness Program, workers’ compensation claims have gone from $500,000 per year down to less than $10,000 per year.