Why Employee Wellness?
Over recent years, the Middle East has undergone a significant change in thinking on the importance of investing in the maintenance of a healthy, balanced and subsequently engaged workforce.
In addition to facing changes in healthcare legislation and soaring medical insurance costs, employers are becoming more aware of the direct costs of sickness absenteeism as they seriously affect productivity and engagement levels. The COVID 19 global pandemic has served to further highlight the importance of monitoring and supporting employee wellness.
According to Harvard studies, introducing health and wellness programs into the workplace can decrease healthcare costs, leading to lower health insurance premiums and reduce absenteeism due to illness.
As well as supporting a healthier, more engaged and loyal workforce, this enhances the employer's credibility and subsequent ability to attract new talent.
Take care of your employees and they will do the same for your business
Cost of Absenteeism
In the UAE the average employee is absent from work 7.6 days per year: cost to the employer; 3,200 DHS
Cigna - UK Health Insurance Provider
Return on Investment
Recent US studies have shown that medical costs fall by approximately $3.27 for every $1 spent on wellness programs
The Case Study
Johnson & Johnson estimate that their investment in employee wellness has translated to a a $250 million saving over the past decade
Against this compelling background, Powerbase works with clients to devise suitable programs for key individuals and for teams to ensure that focus on professional competencies is balanced with equal attention to health matters - with both physical and emotional aspects.