First Posted at Health Populi on 10/26/2012
Nearly 50% of business start-ups view health and wellness as crucial to employee recruitment and retention. 31% of start-ups under 10 years of age have adopted wellness programs. Furthermore, 3 in 4 small companies that offer wellness programs say they positively impact the businesses’ bottom-lines.
Nonetheless, more than one-half of small business — companies with fewer than 100 employees — say that there isn’t enough information available that focuses squarely on wellness in small business.
These findings come from Workplace Wellness Programs in Small Business: Impacting the Bottom Line, a report from the National Small Business Association (NSBA) and Humana, details findings from their survey of 1,005 small business owners in the U.S., with employees number 2 to 100. Surveys were conducted in June and July 2012.
Most studies into workplace wellness have focused on large-sized employers. This study, sponsored by the NSBA, looks solely at smaller firms with fewer than 100 workers. Among ssmall companies, 93% of employers say that employee health is extremely (54%) or very (39%) important to the bottom line. Only 1% of small companies said employee health wasn’t very important, and only 6% said it was “somewhat important.” So small companies care deeply about employee health as a driver for profitability.
However, that being said, onlly 22% of small firms offer wellness programs. Furthermore, there’s a lack of confidence among most small companies regarding their ability to help their employees manage health and wellness.
The most concerning issues for employee well-being among small firms are:
- high stress levels, among 42%
- psychological well-being, for 13%
- weight management, 11%
- alcohol or other drug habits, 11%
- smoking habits, 9%.