November, 2009 – With health care costs and associated absenteeism cost rising, employers are realizing that wellness programming is a cost effective way to become more competitive and reduce their expenses.
According to Statistics Canada, there are numerous issues contributing to employee absenteeism costs including: an aging workforce, increased occupational and non-occupational stress levels, pre-existing mental and physical health issues and generous sick leave policies. Statistics Canada stated that employees feeling very stressed were 2.4 times more likely to take a leave of absence, than those not overly stressed.
A December, 2007 U.S. Metlife benefits trend study stated that: “after decades of focusing on health coverage as the exclusive avenue of providing financial protection against medical costs, employers are starting to shift to their focus on wellness and prevention.”
In this white paper, we will examine the realities of not investing in employee wellness. The potential costs, loss of competitiveness, the impact on employee morale and productivity.
The evidence presented in this paper will demonstrate that an investment in wellness is no longer just a smart thing to do but an essential thing to do.
For a copy of the whitepaper, go here
About Assessment Rehabilitation Services
Assessment Rehabilitation Services is a full service national disability management and wellness provider focused on reducing costs and facilitating a “win-win” return to work / stay at work outcomes. We offer a variety of services including: independent medical assessment and case management services including return to work management, post offer screening, physical demands analysis, ergonomic assessments, wellness program design and seminar services. For more information, visit www.arsi.ca.