Your Lights are On..But is There Anybody Home?
Can you be sure you are getting the most out of your life and work?
How can you quantify the impact of poor health?
We have all been in the situation where we are either unwell, a health issue has distracted us from work or even prevented us from doing what we should or would like to be doing.
In Australia it is estimated that poor performance due to poor health will cost business $25.7bn annually in addition to absenteeism, which costs on average 7bn annually. (Medibank 2006)
The phenomenon of poor performance due to poor health is known as presenteeism. Basically the lights are on but nobody is home! On average each employee will lose 6 full working days per year to presenteeism.
The facts are astounding which is why a number of blue chip organisations have been investing in the health of their employees to negate the cost of poor health.
Firstly comes assessment. A number of studies have been conducted over recent years using thousands of employees, linking the cost of certain health conditions and risks with a decrease in worker happiness and productivity.
Through using these tools companies can assess what level of productivity loss they are suffering. Once assessed it is possible to specifically target these areas for attention and decrease the health risks. With a decrease in risk comes a decrease in presenteeism. Decreased presenteeism equals an increase in productivity.
The largest drivers of our medical costs and absenteeism rates are not occupational costs. They are conditions related to the health and wellbeing of the employees. (Adams report Intel 2007)
The biggest commodity is information and second to that is the talent to process the information, if companies want to become more competitive they will need to attract and develop talent combined with creating a culture of productivity.
Life around us is changing and we are changing with it. In the age of information sedentary behaviour is increasing. Sedentary behaviour = health risks. That’s right, sedentary behaviour = health risks. The jury is out on this one the hard facts are everywhere.
You simply can’t have your cake and eat it! With chronic disease growing exponentially in society, negatively impacting the lives of millions. The workplace, a microcosm of society, will almost certainly suffer the same consequences of poor health, unless proactive measures are taken.
Biggest untapped source of improved performance is better functional health (Sullivan 2007, IHPM)
The bottom line is, if you want to be productive, if you want your company to be productive, if you want those around you to be really present, You need good health.
Don’t waste resources, invest in health and make sure that when the light switches on, there is definitely someone home!
JOEM November 2003,The Relationship Between Health Promotion Program Participation and Medical Costs. A Dose Response
JOEM August 2005, Estimating The Return on Investment From Changes in Employee Health Risks on the Dow Chemical Company’s Health Care Costs
The Art of Health Promotion July/Aug 2005 Meta Evaluation of Worksite Health Promotion Economic Return Studies: 2005 Update By Larry S Chapmen
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