The Importance of Employee Health Checkups!

In the wake of the global COVID-19 pandemic, employee health and wellbeing has been the central focus for a variety of workplaces. The pandemic forced a lot of people to look at their own wellbeing, with a focus on mental health.

These trends have flowed into the workplace, with employees trying to strike a balance between their mental and physical health and their jobs. Employees are increasingly taking mental health days to account for the stresses of their jobs and the lack of work life balance offered for corporate roles. The focus on wellbeing and health has created a worldwide shift in how businesses take into account the health of their employees and the importance they place on their welfare.

Increasingly, people are rejecting jobs that take a toll on their mental and physical health. Not only that, but employers who do not address their employees’ health are risking the productivity of their workplaces too. At BizHealth, we offer comprehensive workplace health checks, and health and wellbeing programs to businesses around Australia which benefit both employees and workplaces in five key ways.

Improved Employee Health Reduces Absenteeism

A study shows that Australian employees with poor health behaviours are 9 times more likely to have sick days compared to healthy employees. This could be up to 18 sick days in a year as opposed to the standard 2 days from an employee with a higher health level. Smoking, drinking, employee morale and stress, and lack of exercise contribute to time away from work.

Those factors could have dire consequences for your business, not only because of the decrease in employee productivity, but there could be serious payroll considerations. A study in 2020 found that absenteeism could have a cost of 7% to 8% in payroll expenditures. Absenteeism costs Australian businesses $340 per day for every unexplained absence of an employee.

Annual workplace mental health and wellbeing checkups are a proactive way of identifying health risks early and keeping employees healthier throughout the year. When businesses provide annual employee health checkups, it drastically reduces employees sick leave and improves overall job satisfaction.

Boost Productivity Through Regular Health Checks

There have been a range of studies that prove healthy people have increased productivity at work. In fact, healthy individuals are proven to be 3 times more productive than the least healthy. A Canadian study found a 20% drop in an employee’s wellbeing resulted in a 10% drop in their productivity.

By providing regular health checkups to employees, potential illnesses can be caught before they become a problem. Through providing employees with health checkups and encouraging exercise, it has been proven to increase employee morale and productivity, with increased physical activity alone improving health and wellbeing in employees.

Increase Employee Engagement and Morale

Employee morale and engagement has a massive impact on businesses, especially when it comes to feeling undervalued or underappreciated with poor-quality benefit packages. Employees with better benefit packages are more likely to feel valued that their employer cares about their personal needs.

Employees who believe their employer cares about them report higher levels of job satisfaction, loyalty, and engagement levels. Employees will often reciprocate with loyalty when given a larger range of benefits, including the benefits of better health, employers will have better outcomes across the board.

Lower Insurance Costs

Preventative healthcare is an excellent tool to reduce healthcare and insurance costs over time, especially for a business. Preventative healthcare for employees can help businesses qualify for lower group health insurance premiums and lower workers’ compensation premiums.

Healthier employees mean less medical claims, which means a much more positive risk profile for businesses which benefits businesses financially in the long run. So not only does employee health checkups benefit employees, but businesses too.

Gain a Better Reputation for your Business

By offering employees corporate health checks and corporate wellness programs, employers are unintentionally boosting their businesses’ reputation. When a potential employee sees a business care about their current employees health and wellbeing, they become a sought-after commodity.

Offering comprehensive health benefits that include preventative employee health checkups and insurance gain a competitive advantage and become much more likely to attract top talent. Especially post-pandemic, younger generations are placing a higher value on their own health and wellbeing. Having a business that reflects these values by offering robust preventative healthcare and insurance packages appeals to the incoming workforce.

The Bottom Line?

When a business looks after their employees, their employees look after them. Regular health checks offer a host of benefits, from early detection to serious illnesses to improved productivity and lower insurance premiums.

When you book your businesses health checkups through BizHealth, we offer a range of fully confidential services that help identify different health conditions in your employees from skin cancer to diabetes and heart disease or even corporate wellness programs. Our expert team ensures your employees receive only the best care and consideration to create the healthiest and safest workplace.

Contact us today for more information on services we can bring to your workplace. We can assure you that your employees’ health and wellbeing will be in capable hands.