Corporate wellness programs are designed to encourage and support a approach to employee wellness by creating an organizational culture of health. It is important to live healthy. In addition, in the business area, employers want healthy workers. These workers are more productive, have fewer absenteeism and use fewer health insurance resources. This article provides an overview of “ corporate-wellness” efforts in the global workplace and the challenges that employers face when implementing these programs.
Wellness programs can consist of a health or health risk assessment provided by your employer, which is an annual or semi-annual health check that usually checks your employee’s weight, height, blood pressure, cholesterol and sugar levels. Employees can also be asked about their lifestyle, especially with regard to smoking and alcohol consumption. Some assessments go further and try to explore the mental and emotional state of the employee.
Creating and implementing a wellness program can be beneficial for both employers and employees. The goal is to have an efficient, effective, legal and moral wellness program that not only helps employees stay healthy and stays healthy, but also helps employers manage and reduce their medical expenses. In addition, beyond the legitimacy, employers must be aware of the ethical issues involved, and consequently strive to have a moral well-being program and ensure that employees are not perceived as coercive, operational, insulting or punitive. As always, the goal is to behave fairly, legally and ethically for all employees.
Top 10 Companies Operating in this Study Include
- Wellness Corporate Solutions, LLC
- Well Nation
- Virgin Pulse
- Compsych Corporation
- Aduro, Inc
- Beacon Health Options
- Exos
- Fit Bit Inc
- Us Corporate Wellness Inc
- Central Corporate Wellness
The reports cover key developments in the corporate wellness market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players.
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The corporate wellness market is expected to grow significantly in the coming years, owing to the key factors such as growing awareness for healthy eating habits and exercise, the high prevalence of obesity, and the reduction of insurance and healthcare costs. Increasing focus on work-life balance and the implementation of company-sponsored employee-centric healthcare campaigns that offer lifestyle coaching are providing growth opportunities in coming years.
Source: The Insight Partners
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