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Keeping An Eye On Health
Employee wellbeing is a critical success factor for the modern organisation. Concepts such as human capital development, health risk management, disease management, and population health management come together as coherent strategies when companies seek to improve their competitive edge and profitability by investing in their people.
The central business fundamental of achieving a return on investment is more and more the way in which these initiatives must be, and are measured. Employee wellbeing has left behind its image of "nice to have" and "the right thing to do" - it has moved from being a welfare initiative to being a central business strategy, from being seen as a cost centre to being viewed as an investment.
PPC Worldwide, through its Health Online Programme has responded to this organisational health need by delivering a broad range of innovative products that focus on cost-effectiveness and measurable health outcomes.
These outcomes provide the business case for investment in employee wellbeing. Employee wellbeing programmes have been shown to be effective in bringing about healthy behaviour change and consequently improved presenteeism, and reduced healthcare costs. There are very few studies that examine multiple cost benefit variables (i.e. absenteeism, presenteeism, health costs, disability, and employee retention) and so it is quite possible that current estimates of cost benefit are understated. Recent Meta analyses suggest a cost benefit ratio of 3.0-5.0 to 1.0 (that is, for each $1 invested a return of $3 to $5).
Measure the health of your workforce today and track its improvements over time.
To speak with an PPC Worldwide consultant about PPC Health Online please call us on 1300 361 008.