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WeSTERN PENSION & BENEFITS COUNCIL

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Phoenix Chapter - Impact of Employee Health on Business Success

  • 12 Nov 2020
  • 12:00 PM - 1:00 PM (MST)
  • Phoenix Country Club - 2901 N. 7th Street - Phoenix, AZ 85014


Impact of Employee Health on Business Success


A healthy, resilient workforce is often described as a business’s most valuable asset, yet, many employers witness the deterioration of this asset while shouldering the aggregate economic burden of employee illnesses. Whether calculated in the form of absenteeism, excess employee turnover, workflow disruption, lost productivity, increased health insurance premiums, and the enduring impact of permanent disabilities – all are significant threats to profitability. This presentation will explore how the status of corporate and employee health are inextricably bound with emphasis on proactive measures business owners can implement to remedy the enormous challenges employee health expenditures create. The rationale for establishment of workplace health programs is then discussed. Beyond reducing expenditures, the effective application of comprehensive wellness strategies generates dual rewards: moderation of total health care costs while significantly boosting productivity, employee satisfaction, and business profitability - regardless of the size of the workforce.


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