Effects Of Employee Wellness Programs . Positive And Negative

Hewitt Associates , who is explaining about the improvement that due to increased cost pressures the employers had a converted interest and enthusiasm about health progress and the medical supervision syllabuss , which will co operate to hack absenteeism , provide cost savings , and increase the productivityMajority of the US conjunction applied this method to get cost advantage and grabbed the hazard to maximize their earnings . For example the Pepsi Co invested 2 billion in the health fitness and gained the return which is three quantify higher than they are invested at first . Similarly br the DuPont introduced a program Health Horizons and they got the return which is five clock higher than their investment . According to the Tenneco industries , this invested 11 million by starting the fitness centre over the area of 25000 sqf (Manjoo , 2007 . By investing in this area the company could reduce its oversee expenditure declined to the half . Mean while the General electronics as well as introduced the wellness program for its employee and it succeeded in bleak its and half a year .

On the other hand the employee who did not participated in this program caused to increase the health care cost to 21 According to a study conducted by the Life insurance company for mutual benefit , in the new tee shirt employees who participated the programs like wellness , fitness and health care program had a medical clime , which is 70 less than the health care expense by non- participants . Haltom who expressed his opinion that We stockpile that organization will not only continue to expand health promotion programs but look for ways to heighten and expand existing programs for employees (Manjoo , 2007Benefit of the wellness programThe wellness program or the healthcare fitness program is considered as one of the more or less significant factor in corporate cost cutting principles...If you want to get a full essay, order it on our website: Ordercustompaper.com

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