CVS/pharmacy Corporate Health & Wellness August Newsletter is HERE!
The realm of Corporate Health & Wellness is vast and changing constantly. GiftCard Partners is dedicated to keeping you up-to-date on the latest in corporate wellness, health and wellness program strategies, creating a healthy workplace, and more…enter the CVS/pharmacy eNewsletter. This
quarterly enews is a great way to stay current with all the news, trends and technologies in the Corporate Wellness industry. This issue highlights:
Employees Wellness Programs Pay for Themselves
By now you are probably familiar with the new laws that took effect as part of the Affordable Care Act earlier this summer. Employers can now offer incentives totaling 30% of total plan cost (they used to only be able to offer 20%) to employees who are healthy, taking preventative measures to stay healthy, or meeting goals to get healthier. The idea is that employers should encourage wellness (not just for the greater good of society) because it cuts down on absenteeism and the cost of health care benefits for the employer…and the benefits keep coming. A review of 72 studies in the American Journal of Health Promotion revealed these staggering figures:
The Importance of Workplace Wellness
Workplace wellness is increasing in popularity, especially after the latest rules set by ObamaCare now further incentivize companies to implement workplace wellness programs for employees. However, if proven effectiveness and governmental pressure aren't enough for your organization to implement a workplace wellness program, did you ever think what it does for your employees? Think about the human factor:
Looking at Employee Wellness as Part of Employee Safety
On the GCP blog we often address employee wellness and employee safety as two great ways to use gift cards. However employee wellness is a part of employees safety, in a broader sense that just at the workplace. Here are 7 steps from HR.BLR.com on how to incorporate an employees wellness program effectively, positioned as employees safety.
How to Write an Effective Workplace Safety Program
The total cost of workplace injuries was $167 billion in 2021, with a loss of 103,000,000 work days. These kinds of numbers demonstrate the importance of safety management in the workplace. Ensuring safety goes beyond mere compliance; it requires a comprehensive approach that fosters a culture of safety. Drawing insights from modern safety practices, here's an updated guide to crafting an effective employee safety program.
