IP2 Fortun 55 Essay Example | Topics and Well Written Essays - 1250 words

IP2 Fortun 55 - Essay Example The age of technology and innovation has imposed upon the employees and organizations extreme competition and hard work to keep with their sustenance. In such a competitive and rigid environment, it is the utmost responsibility of the organizations to keep their employees motivated and maintained through providing them the basic necessities, comfort and satisfaction on the job. This is done through different wellness programs which many companies introduce in order to keep w well-fed and motivated human resource base. Corporate Wellness Programs The corporate wellness programs, commonly known as workplace wellness programs, are sort of motivational programs which are the blend of various environmental, educational and organizational activities. These activities are normally formulated to assist the behavior and attitude which is favorable and encouraging towards the health of the organization’s employees. They are involved in these programs which comprise of health coaching, f itness programs, health education through holding fairs, medical screenings and the various educational programs which are designed with sophistication in order to bring a change in the behaviors and attitudes of the employees. This change is most likely to contribute towards the achievement of better employee health, and a drastic reduction in the possible risks linked to the health of employees. Thus, the basic goal accomplished through the designing and implementation of the wellness programs is the attainment of better health of the employees. According to a recent study presented by the US Department of Health and Human Services, it was indicated that the workplaces which offer the on-site exercise programs to their employees as a component of their wellness programs, experienced a decline from 75 % to 55% in their healthcare costs and the employees’ short-term leaves were also lowered from 38% to 32% , ultimately leading to a rise in the productivity of an average emplo yee from 50% to 52% (U.S. Department of Health and Human Services, 2000). Thus, such wellness programs contribute big time to the health of the employees as well as the organization. Development of an Effective Wellness Program The wellness programs have become the need of time and the basic necessity which should be provided by the organization to all its employees. Here, the Fortune 55 firm is working with an estimated number of 500 employees, who are all busy working hard in order to steer the organization towards achieving its goals. Though, the old wellness program at the company was effective too, however, with the changing needs of the age and the shifting demands of employees, a newer and more effective wellness program should be developed which is capable of delivering further benefits to the employees. Since, the corporate wellness programs are a blend of the healthcare, medical and educational activities, the new plan of the Fortune 500 will follow a more sophisticated mi xture in the program. The elements of the brand new effective wellness program, to be developed and introduced, will include the following elements: Lifestyle Improvement Stress Management Online health coaching Appraisals and assessments of health associated risks Health content programs Employees’ mental health and well being These were the elements which already existed in the company’