The workplace can be a stressful environment for many people. Especially with deadlines, high pressure from management, and repetitive jobs, it is easy to get swamped and overlook your own health and that of your employees. We often hear that health and wellness are expensive and time consuming programs for organisations to invest in. However, have you thought about how much it costs to your business if you don’t take care of the wellbeing of the workforce? According to the study by Medibank Australia, employees with poor health consume sick leave up to nine times more than their healthy coworkers. As a result, the absenteeism is costing Australian businesses $7 billion annually.
From the employers’ perspective, when you invest in health and wellbeing, not only does it benefit employees, but it also returns many positives to your organisation, such as;
1. Increase in Productivity
2. Improved Employee Engagement
3. Less Time Off
4. Lower Healthcare Cost
5. Better Employee Retention
From yoga to healthy catering, there are plenty of options available in the market that you can provide your employee’s. One of the newest options in the market is created by Maxwell Plus.
Health Benefits in the Age of Technology and Data Science
In this video, we interview Tom White, COO of Maxwell Plus, a Brisbane-based medical AI startup. We speak about their journey of changing the health industry and health benefits for employers in Australia. In addition to that, we also discussed how employers can create some meaningful wellness programs in their organisations. Above all, that’s the way to genuinely improve the employees’ lives, instead of just ‘aspiring’ to prioritise health and wellbeing.