09 Nov What is a Corporate Wellness Specialist?
As a health and wellness coach who serves corporate clients, I am excited to announce I have completed the training and examination to become a Certified Corporate Wellness Specialist®. By completing this certification, I can expand upon the services I offer through my corporate wellness packages and remain up-to-date on the best practices in corporate wellness.
If you’re a business owner interested in the wellness of your employees, you might be curious what a corporate wellness program is.
Corporate wellness programs are:
- Designed to help employees prevent and/or reverse the onset of chronic diseases.
- Often comprised of employee education, rewards and behavior modifications.
- Focused on lifestyle changes such as diet and exercise along with preventative care adherence and education on disease prevention. Success is measured by reduction of risk in lab values, improved lifestyle choices, improved employee retention rates and increased attraction of desired talent.
If you offer a self-funded employee health plan, you know the impact employee claims have on your bottom line. Healthier employees have fewer healthcare costs. Even if you are a company with a fully-insured health plan, your premiums are affected by your claims rate. As premiums rise, your bottom line shrinks. More and more fully-insured groups are offering wellness programs as an employee benefit.
The Society of Human Resources Management reported that in 2016:
- 92% of employers offer some type of wellness benefits
- 61% of employers have wellness programs
- 41% offer rewards or bonuses for completing wellness activities
Employees and job applicants are asking for these benefits, and they are becoming a standard offering by employers.
If you’re considering offering a wellness program for employees, what else do you need to know?
- They help reduce claims costs and risk.
- Employees are starting to understand the connection between behavior and healthcare costs.
- In a highly competitive job market, wellness benefits can help recruit new employees.
Simply put, employers can’t afford to not be managing this. So what are you waiting for?