As the top leaders in the business world, Fortune 500 companies should be exploring new ways to improve their revenue and net profits. One of the sectors that many of them lack is wellness and its impact on production, creativity, motivation, positivity, team-building and energy.
Many companies see corporate wellness as a waste of money, and the one sector that is the first to suffer when financial instability sets in is the health and wellness sector. But according to Samir Becic, wellness that incorporates physical fitness and healthy nutrition is one of the key components in strengthening the company as a whole, building team synergy, creativity and eagerness to succeed, and directly impacting net profit and production in a positive way.
According to Becic, “Overweight and unhealthy employees cost corporations an astronomical amount in sick days, reduced productivity, and health premiums. Corporations need to invest in healthy lifestyle 5 times more money than they are right now in order to get their maximum net profit.”
Becic’s philosophy behind this statement is based on the following statistics:
- Annual cost of a “healthy” diabetic: $3,150
- Average cost of a heart attack: $15,700
- Average cost of a stroke patient: ~$45,000
- Corporate wellness statistics depict a savings of $2.30 to $10.10 for every $1 spent on wellness initiatives.
Samir Becic is a health and fitness advisor for many corporations.
Due to the fact that Fortune 500 companies are the backbone of the American economy and American pride, it is important to continue that growth in every aspect. Wellness is a sector with enormous opportunities and financial benefits for corporations and their employees.
Benefits of Corporate Wellness
According to Becic, a strong health and corporate wellness program can prove beneficial and be a successful investment for the following reasons:
- Healthier, more productive working employees
- Lower stress levels
- Lower turnover / higher employee retention rates
- Fewer sick days
- Lower insurance premiums
- Protection of a company’s greatest asset – the employee
- Higher self-esteem and a greater team-building mentality
- Increased energy and vitality in the workplace
- A more optimistic, positive attitude
- A greater eagerness to succeed and lead, along with the energy to do so
- Improvement in family life brings improvement into the workplace
- Greater community synergy, greater company synergy
“Corporations and the healthy lifestyle of its employees goes hand-in-hand with the healthier and more productive society of the 21st century, especially among Fortune 500 companies,” Becic said. “Encouraging employees to live a healthier lifestyle outside of work is a behavior that will transfer into the workplace and make an excellent environment for all concerned! The corporate benefits in net profit will mirror the benefits to the employees in ‘health profit.’ With a healthy lifestyle – meaning physical fitness, a healthy diet and spiritual balance – we can manage, control or completely avoid 60-70% of known illnesses.”
The Fortune 500 companies need to be, will be and must be the leaders in promoting healthy lifestyle in the business world. Because of their leadership position, other companies will follow their great example.
Health Fitness Revolution has created a list of the top 10 fittest companies in the United States, and many are from the Fortune 500.
This is just the beginning, as we plan on going through every single company in the Fortune 500 and create a list with the top 50 fittest and evaluate their health programs. We will start evaluating the Fortune 500 CEO’s fitness and health habits and create a list of the top 10 and top 50 fittest because we believe that in order for America to flourish as the strongest financial power in the world, we need to create healthy (wealthy) corporate environments.