The Stress Test Every Business Needs

by Jeffrey R. Greene

2020-07-16 07:43:42

Organizations face a growing employee health cost crisis that threatens to swallow profits and drain the vitality of their workforce--unless we adopt a radically different approach to workplace health and well-being. Companies spend an average of $12... Read more

Organizations face a growing employee health cost crisis that threatens to swallow profits and drain the vitality of their workforce--unless we adopt a radically different approach to workplace health and well-being. Companies spend an average of $12,000 per employee on health benefits, a sum estimated by the Cleveland Clinic to double by 2025. But the hidden costs of absenteeism, disengagement and turnover costs businesses an estimated $1.2 trillion a year. In "The Healthy Workplace Nudge," author Rex Miller explains the findings of research and interviews with more than 100 corporate leaders and experts over a two-year project. This first ever multi-disciplinary research initiative led to several dramatic surprises, which challenge conventional business assumptions about how to improve workplace health and well-being:

  1. 95% of traditional wellness programs fail to improve health or lower costs
  2. If leaders don’t work toward a culture of employee “well-being” (more happiness and less stress) wellness programs are futile
  3. Shifting group behavioral using behavior economics proves more effective than incentivizing individual behavior
  4. Healthy buildings and environments deliver your strongest ROI for improving health
  5. Healthy culture is ultimately the most effective and sustainable health strategy
  6. Tying health and wellness strategy to employee experience and culture is essential to effective implementation

 

 

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Book Details

File size9.1x6.1x0.9inches
Print pages272
PublisherWiley
Publication date September 1, 2018
ISBN9781119417941

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