It’s a vicious cycle.
Corporations cut down on corporate wellness programs due to dropping revenues, leaving employees with an even more stressful work environment.
But, according to one health expert, companies might want to think twice before putting employee well-being expenses on the chopping block.
“In 2005 there was a study that looked at 20 different corporate wellness strategies and studies, and what they found is that one dollar in corporate wellness investment; returns on investment with five dollars and eighty one cents,” said Andrea Holwegner, who operates Real Change, a business that helps companies improve employee wellness
She went on to add that costs associated with benefit programs also go up when employee health is not a priority.