Remove Cost Remove Development Remove Human Resources Remove Presenteeism
article thumbnail

Three Strategies to Encourage Good Mental Health in the Workplace

Leading Blog

According to a recent study, employees suffering from depression cost employers more than $44 billion per year in lost productivity, with over 81 percent of that decreased productivity coming in the form of presenteeism, or the practice of going to work despite illness or anxiety and commonly resulting in reduced productivity.

Strategy 228
article thumbnail

Possibility Maximizer: Maxim Health Systems' Flu and Wellness Podcast

Sales Wolf Blog

SHRM - Society for Human Resource Managment Indispensible for the HR Professional!  Or that for every dollar an organization spends on employee medical care costs related to influenza, four dollars are lost in productivity? Department of Labor Employment Standards Administration (ESA) - U.S. License. .  Ouch.

System 167
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

In Defense of Corporate Wellness Programs

Harvard Business Review

In short, companies want to reduce the risk that their workers will get the flu, develop lung cancer, or suffer from the many debilitating conditions linked to overweight and a sedentary lifestyle. Many companies may have instituted workplace wellness programs initially as a way to reduce health care costs. Fiscal responsibility.

article thumbnail

This Coalition of 20 Companies Thinks It Can Change U.S. Health Care

Harvard Business Review

The HTA would significantly improve the likelihood of achieving the “Triple Aim” — better care for individuals, better health for populations, and lower per capita cost — by employing these five strategies: 1. These zero-sum annual negotiations do not lead to the best care at the lowest cost.

article thumbnail

Where are you on the management scale of newbie to expert hacker?

Ask Atma

They develop action plans. The benefit of this is: costs decrease because of less rework, fewer mistakes, fewer delays, and better use of time and materials; productivity improves; market share increases with better quality and prices. Move towards developing a long-term relationship with a single supplier. Workforce planning.