Investments in employee health and wellness can boost your business bottom line. It should come as no surprise, yet annually business loses revenue due to low productivity caused by work-related incidents and injuries, as well as stress and mental health issues.
In South Africa, loss of earnings due to major depression and anxiety disorders is costing the economy more than R40 billion or 2.2% of the country’s GDP, or a whopping R54.121 per affected adult per year, according to research published by the Financial Mail.
Businesses have the responsibility to create awareness and implement health and wellness policies to keep employees happy and productive in the workplace and reap the operational and financial benefits that come from making these changes.
Since productive employees create a positive impact on a business’s bottom line, it has lead companies aware of its importance to increasingly invest in health and wellness programs and systems to measure this impact and its success.
An integrated occupational health and wellness management solution addresses employee health, including medical surveillance and incident/injury management, and promotes corporate wellness initiatives – such as physical activity-related projects, nutrition guidelines to follow for healthy living, stress management and counselling.
Furthermore, the integration of health practices and wellness enables health practitioners and human resources management to collect and unify employees’ health data, analyse and identify health patterns and behaviour, and subsequently monitor and track medical trends.
Management can also derive benefits from integrated occupational health and wellness management solutions to manage compliance and regulatory requirements, and enforce strict healthcare guidelines and procedures. Such a system proves invaluable in industries where safety and health become integral to critical business activity.
Ultimately, companies relying on technologically advanced occupational health and wellness management platforms capable of monitoring and analysing this aspect of their business can make better decisions on how to improve employee health, wellness and productivity.
Looking for an integrated occupational health and wellness management system that drives compliance, employee wellness and business performance for your organisation?
Our Occupational Health and Wellness Management Solution (OCCX), part of the XGRC Software range, assists in increasing compliance, employee engagement, and organisational efficiency.
OCCX integrates recruitment and hiring, employee/occupational health, medical interventions, medical surveillance, workplace injury management and employee wellness programs into one comprehensive solution.