Why companies are starting to care
There is a growing body of evidence that proves that the performance of a company is directly linked to the well-being of its employees. Since most people spend the majority of their waking hours at work, it is only logical that the workplace should be a point of wellbeing for employees.
Numerous international companies that have implemented workplace health programs can attest to the fact that employee well-being is good for business. Efforts to improve employee well-being have shown the following benefits:
- Lowering employee risk of chronic disease.
- Saving the business money by reducing health-related expenses and limiting absence and disability.
- Increased worker morale and work relations.
- Improved worker productivity.
- Improved financial results of the company.
Studies conducted at some of the world's leading corporations, such as General Motors, Johnson & Johnson, Proctor & Gamble, and Chevron have demonstrated that well-being programs can be cost-beneficial – they can save more money than they cost, thus producing a positive return on investment. A recent study that compared the programs of ten Fortune 500 companies found that the median ROI was $3 in benefits for every dollar spent.
Companies have discovered that water coolers are one of the simplest and most cost-effective methods of providing well-being at work. The importance of water to general health is well known, yet many people do not drink enough. Studies show that employees with access to a water cooler significantly increase their consumption, and their health as a result.