Employee Wellness Companies: Investing in a Thriving Workforce
According to a Flexjobs study, a staggering 62% of employees cites a toxic company culture as a reason for leaving their jobs. Additionally, nearly half (49%) of employees depart due to an unhealthy work-life balance.
Studies have shown that employee wellness programs can lead to a significant reduction in absenteeism, by 14-19%.
The modern workplace demands a lot from employees. Long hours, tight deadlines, and constant connectivity can lead to burnout, decreased productivity, and a rise in health issues. This is where employee wellness companies step in.
These companies offer a variety of programs and services designed to improve the physical, mental, and emotional well-being of employees. From stress management and nutrition coaching to financial wellness programs and fitness challenges, employee wellness companies can create a holistic approach to employee health that benefits both individuals and organizations.
According to Forbes, 70% of employers have improved their physical environments to encourage healthy behaviors.
Highlighting the positive impact of strong wellness programs, an HBR article cites a study by Towers Watson and the Business Group on Health. This study reveals that organizations with highly effective wellness programs experience a significantly lower rate of voluntary employee turnover compared to those with less effective programs (9% vs. 15%).
The rise of employee wellness programs
The employee wellness industry is booming, and for good reason. Studies have shown that companies with strong wellness programs experience:
- Reduced absenteeism and presenteeism (employees who are physically present but not mentally engaged)
- Lower healthcare costs
- Increased employee engagement and productivity
- Improved morale and company culture
With these benefits in mind, it's no surprise that more and more companies are investing in employee wellness programs.
What to Look for in an Employee Wellness Company
There are a wide range of employee wellness companies out there, each with its own unique offerings. When choosing a company to partner with, consider the following factors:
Company size and needs: Do you need a comprehensive program for a large corporation or a more targeted program for a smaller business?
Employee demographics: What are the age groups, interests, and health concerns of your employees?
Budget: Employee wellness programs can range in price depending on the features and services offered.
Company culture: Choose a program that aligns with your existing company culture and values.
Top 10 employee wellness companies
Ready to empower your workforce and cultivate a thriving workplace? Here are 10 of the leading employee wellness companies to explore:
1. Empuls
Empuls is another strong contender in the employee wellness space. It offers a comprehensive platform that goes beyond just physical well-being. Empuls integrates features like recognition and provides resources for mental health, financial wellness, and work-life balance. This holistic approach empowers employees to thrive in all aspects of their lives, fostering a culture of well-being that benefits both employees and the organization.
Features-
- Fuel your body and mind:
Empuls believes in empowering your well-being. Choose from a range of options to find what keeps you energized and healthy:
Fitness fun & rewards: Participate in team fitness challenges and earn exciting incentives.
Move your way: Access a variety of gym memberships, virtual yoga classes, or personalized consultations with fitness and nutrition experts.
- Prioritize your mental edge
Your mental well-being is just as important as your physical health. We offer tools and resources to help you navigate stress and stay centered:
Mindfulness matters: Get access to therapy sessions, stress management workshops or subscriptions to meditation, breathing, and sleep-improvement apps.
Focus on "you" - We support your personalized wellness journey!
Benefits-
- Benefits touching all four spheres of your life - personal, financial, physical, and mental wellness
- Significantly lower rates and more coverage that’s not available or paid for by your current insurance
- 24/7 customer service and support, including multilingual and chat support, FAQs, and a help center
2. Wellable
Wellable is an award-winning wellness platform that provides a highly customizable platform with engaging wellness challenges, a library of educational resources, and personalized health coaching options. Wellable allows you to tailor the program to your specific company culture and employee preferences.
3. TotalWellness Health
TotalWellness takes a unique approach to employee wellness. Their core mission is to empower employees to thrive by improving their overall health and well-being. This focus on employee health can lead to a positive side effect: reduced healthcare costs for companies. These savings can then be reinvested in expanding wellness programs, further amplifying the positive impact on employee health and company culture.
4. Headspace for Work
Headspace Specializing in mindfulness and meditation training, Headspace for Work equips employees with tools to manage stress, improve focus, and cultivate mental resilience.
5. Vantage fit
Vantage Fit is an all-in-one corporate health and wellness solution from Vantage Circle. With features like step tracking, heart rate monitoring, calorie counter, and more. Vantage Fit enables employers to create simple and engaging wellness programs and challenges for their employees to help them stay healthy and fit
6. Fitbit
While Fitbit is widely recognized for its fitness trackers that help individuals reach their personal health goals, they also offer a robust suite of corporate wellness programs. These programs leverage the power of Fitbit devices to create a centralized wellness hub for employees within a company. This comprehensive approach empowers organizations to proactively improve employee health and well-being.
7. LifeDojo
LifeDojo is a science-based platform that focuses on behavior change, helping employees develop healthy habits and improve overall well-being through personalized coaching and goal setting. LifeDojo offers a data-driven approach to empower sustainable well-being improvements.
8. Caroo
Caroo goes beyond traditional wellness programs, offering a unique operating system specifically designed to boost employee morale and celebrate milestones, especially for remote teams. This innovative app streamlines the process of showing employee appreciation, saving you time and maximizing retention.
9. Talkspace
Talkspace removes barriers to mental health care by offering virtual therapy services directly to employees. This readily accessible solution allows employees to prioritize their mental well-being without the hassle of traditional therapy appointments.
10. YuMuuv
Yumuuv goes beyond traditional wellness programs by fostering a culture of engagement through lifestyle activities, health and fitness challenges, and collaborative team goals. This modern corporate wellness solution seamlessly integrates data from various wearable devices into a single platform. Yumuuv's powerful analytics engine transforms this data into actionable insights, making it meaningful and comparable for both individual employees and the organization as a whole.
The future of employee wellness
The employee wellness industry is constantly evolving, with new technologies and approaches emerging all the time. Here are a few trends to watch in the future:
A focus on personalization: Wellness programs will become more personalized, catering to the individual needs and preferences of each employee.
The use of artificial intelligence (AI): AI can be used to personalize wellness programs, track employee progress, and provide real-time support.
The rise of wearable technology: Wearable devices can be used to track employee health data and provide insights into their well-being.
A greater focus on mental health: Mental health is becoming a top priority for many companies, and employee wellness programs will offer more resources to support employee mental well-being.
Conclusion
Investing in employee wellness is no longer a trend, it's a strategic imperative. By choosing the right employee wellness company, you can empower your workforce to thrive, both personally and professionally. From personalized coaching programs to gamified wellness challenges, the options available are vast and ever evolving.
Remember, the key is to find a company that aligns with your unique needs and company culture. Take advantage of demos and free trials to ensure a perfect fit. As you embark on this journey towards a healthier and happier workforce, keep an eye on emerging trends like AI-powered personalization and the increasing focus on mental well-being. By prioritizing employee well-being, you're not just investing in your employees, you're investing in the future of your organization.