The Profitability of Business Well-Being Programs

10/04/2017 |

Chronic diseases costs employers in the United States up to $1.1 trillion every year

Work today is incredibly different than it was just decades ago. Advances in technology and automation, along with the progressive nature of businesses adapting to collaborative, open-space work environments and work from home mobility, have all been a part of the machine that is the  healthy, balanced building movement. 

The need to address the estimation that chronic diseases cost employers in the United States up to $1.1 trillion every year is the subject of a report by Delos, a wellness real estate firm. 

Delos suggests that facilities managers, business leaders, real estate professionals and investors can increase the financial value of their endeavors by engaging with the healthy building movement.

In a report, “Health, Well-being, and the Evolution of ESG,” findings demonstrate how a health-focused design can increase the bottom line, urging investors to demand the promotion of employee health and well-being in ESG corporate reporting.

Some of the report’s notable points include:

  • Chronic diseases, illnesses, and injuries cost employers in the United States up to $1.1 trillion dollars each year.
  • Health-focused interventions can mitigate these hazards, therefore helping businesses to manage risk, reduce healthcare costs, and reduce absenteeism and turnover
  • Businesses with strong employee health and well-being programs outperform the S&P 500 significantly, indicating that these strategies generate savings in personnel costs and increase productivity and employee engagement

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