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Workplace wellness: good for the bottom line
By Jane Kitchen 26 Nov 2015
Pelletier said a study to be published next month will show that companies with corporate wellness schemes generate a 200 per cent greater return for shareholders Credit: Global Wellness Summit
Dr Kenneth Pelletier, Professor of Medicine and Professor of Public Health at The University of California San Francisco and the University of Arizona Schools of Medicine, tackled the issue of workplace wellness during a panel at the recent Global Wellness Summit.

Pelletier argued that wellness providers need to learn a vocabulary that enables them to grow their workplace wellness contracts by communicating more effectively with businesses.

“Corporations don’t know you exist,” he explained.

Pelletier said a study to be published next month will show that companies with corporate wellness schemes generate a 200 per cent greater return for shareholders, and that a proportion of this profit can be attributed to their wellness programmes.

Pelletier took a sample of companies that have won the C. Everett Koop Award – named for the former US Surgeon General and designed to recognise workplace health programmes – and looked at their earnings three years before and after winning the award. Results showed that against an average among the S&P 500 of a 150 per cent return, the Koop winners showed a whopping 350 per cent return over the six-year period.

Pelletier also said today’s measure of return on investment will rapidly be replaced by a new measure – value on investment – which includes things like satisfaction, employee motivation, staff turnover and performance profitability, and that companies are becoming more interested in maintaining a culture of health.


News
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The Bannatyne Group says it has officially bounced back from the pandemic, with both turnover and profits restored to pre-2020 levels in 2023, according to its year-end results. Owned by former BBC Dragon’s Den investor, ... More
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Kerzner International has signed deals to operate two new Siro recovery hotels in Mexico and Saudi Arabia, following the launch of the inaugural Siro property in Dubai this February. Designed to offer guests a holistic ... More
     
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Oakworks Inc
Oakworks Inc
Oakworks Inc
Oakworks Inc
News   Products   Magazine
NEWS
Workplace wellness: good for the bottom line
POSTED 26 Nov 2015 . BY Jane Kitchen
Pelletier said a study to be published next month will show that companies with corporate wellness schemes generate a 200 per cent greater return for shareholders Credit: Global Wellness Summit
Dr Kenneth Pelletier, Professor of Medicine and Professor of Public Health at The University of California San Francisco and the University of Arizona Schools of Medicine, tackled the issue of workplace wellness during a panel at the recent Global Wellness Summit.

Pelletier argued that wellness providers need to learn a vocabulary that enables them to grow their workplace wellness contracts by communicating more effectively with businesses.

“Corporations don’t know you exist,” he explained.

Pelletier said a study to be published next month will show that companies with corporate wellness schemes generate a 200 per cent greater return for shareholders, and that a proportion of this profit can be attributed to their wellness programmes.

Pelletier took a sample of companies that have won the C. Everett Koop Award – named for the former US Surgeon General and designed to recognise workplace health programmes – and looked at their earnings three years before and after winning the award. Results showed that against an average among the S&P 500 of a 150 per cent return, the Koop winners showed a whopping 350 per cent return over the six-year period.

Pelletier also said today’s measure of return on investment will rapidly be replaced by a new measure – value on investment – which includes things like satisfaction, employee motivation, staff turnover and performance profitability, and that companies are becoming more interested in maintaining a culture of health.
MORE NEWS
Banyan Group appoints Paul Hawco to spearhead wellness strategy
Paul Hawco, a seasoned figure in the international wellness industry, has assumed the role of executive director – integrated wellbeing at independent, hospitality group Banyan Group.
Ritz-Carlton Reynolds, Lake Oconee, unveils new-look lakeside destination spa
The Ritz-Carlton Reynolds, Lake Oconee in the southeastern US state of Georgia is celebrating a new milestone after unveiling its newly renovated 27,000sq ft destination spa.
Art-inspired urban spa to launch at stylish new London hotel, Art’otel London Hoxton
Art’otel, Radisson’s contemporary art-inspired lifestyle hotel brand, has strengthened its presence in London with a new hotel in Hoxton fusing art, design and hospitality.
Saga Holographic hits Kickstarter target to roll out holographic indoor bike
HoloBike, a holographic training bike that simulates trail rides in lifelike 3D, is aiming to push indoor cycling technology up a gear.
Exclusive: Yuki Kiyono goes behind the scenes of Aman’s social wellness brand Janu
Luxury hotel brand Aman, widely known for its strong spa focus, has just launched its much- talked-about sister brand Janu in Tokyo – complete with a 4,000sq m urban wellness retreat.
Equinox teams up with Dr Mark Hyman's Function Health to offer $40k annual healthspan programme
Equinox, has teamed up with health platform, Function Health, to offer 100 comprehensive laboratory tests, giving members vital insights into their internal health.
+ More news   
 
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Wynne Business Consulting and Education

Wynne Business, founded in 1998, specialises in creating, growing and fine- tuning spas, salons, wel [more...]
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The Ravenala Attitude Hotel, Mauritius
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European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
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