A study finds that workplace wellness programs can lower healthcare costs in workers with chronic diseases, but components of the programs that encourage workers to adopt healthier lifestyles may not reduce costs or lead to savings.
London Hydro’s focus on wellness sparks improvements in drug plan costs and absenteeism
Stress, anxiety, depression and other mental health issues have created a new reality—a “new normal”—for employers across Canada. And this new normal is taking a financial toll. According to the Mental Health Commission of Canada, the total economic burden of mental illness in the country is $51 billion annually, with $20 billion resulting from loss of workplace productivity.
Employers are well aware that depression and other mental health issues presently cost Canadian businesses more than $20.7 billion a year.
Mental health issues are not disappearing, but maybe the stigma that is associated with it will. That’s if Jeff Moat, president of Partners for Mental Health, has anything to say about it. The relatively new organization is dedicated to “supercharging” the way Canadians look at mental health. Our strategy is really to “redefine normal,” said […]
Smokers take a toll on the bottom line of their employers, costing an estimated $4,256 each in 2012—up by more than 25% since 2005.
Twenty-four percent of Canadian employers say work-related stress and sedentary lifestyles are the top major health risks affecting their employees, according to the Sun Life-Buffett National Wellness Survey.
A series of business divestments that resulted in staff reductions exceeding 75% of the upstream workforce created a challenging time at BP Canada Energy Group ULC.
Employees at the InterContinental Toronto Centre have few reservations about working at the downtown hotel—they’re checked in and engaged
Employers play a critical role in de-stigmatizing mental illness