In general, a company is formed and started in order to make money. Historically, profit-making is achieved at the expense of the workforce. In fact, the level of exploitation became so severe that many people began to espouse socialistic principles and founded labour unions. Eventually even governments instituted reforms to protect the rights of workers.
Today, however, many supervisors and employers have come to realise that profits are much easier to come by when management and workers work as partners rather than as antagonists. What’s good for the employee is good for the company as a whole. Many companies have come to realise this, which is why corporate fitness is becoming a staple in the Singapore business landscape.
So how do corporate fitness programs benefit companies? Here are a few examples:
Ill health is a hurdle in workplace productivity, and this is most obvious if a company is suffering from frequent or prolonged absenteeism. Simply put, if your people are too sick to go to work, then you don’t get any work from them at all. With too many absences, a lot of work can’t get done, and that can put a dent on the company profits.
Yet even when workers make a point of showing up, productivity may not be as good as you hope. A work who’s not feeling well may come to work on time, but their productivity can still be substantially less compared to the performance of a healthy employee. A sick worker may also not be able to concentrate on the work at hand. A particular task may be completed more slowly, and the quality of work may be so bad that it has to be repeated. The worker may feel fatigued and out of sorts that they may not even do anything worthwhile at all, even if they are present in the workplace.
Having a fitness company to attend to employees needs, however, can improve matters considerably.
Reduced Healthcare Costs
Here’s another area where personal or group training on site, on a company-wide scale can pay off. A successful corporate fitness program can result in a substantial reduction in health insurance premiums and worker’s compensation claims. It’s not uncommon to get a 20% reduction in health care costs after initiating a corporate fitness program, and if you have employees in the thousands then that translates to millions of dollars in savings. In other words, you help your company reduce expenses if you help your workers become healthier. A certified personal training team can make that a reality.
Boosting Morale and Creativity
Many foreigners think of the work environment in Singapore is a hive for disciplined drones. That’s obviously not true—Singaporeans can be just as passionate and as creative as anybody else, right? And there’s nothing that can spur morale and creativity as an effective corporate fitness program. With partnership with the right fitness company, an exercise regimen can be invigorating. The better body shapes caused by proper fitness training can also result in better morale. Even the exercises can be wonderful mental stress relievers, and these can also encourage out-of-the –box creative thinking among employees.
Companies spend money wisely if what they spend directly or indirectly results in profits. Simply put, money going out should result in more money coming in. That’s just good business practice. And when you look at corporate fitness programs, it should be apparent that investing in them is simply good business as well.
As an employer, you may have to spend some money at first, but the return on your investment is much more substantial than what you will initially spend. Your workers become much more productive, and you get more work done with the salary you paid them compared to how much they were able to produce before. You can see right away that your health care expenses will become considerably lower, since your employees are much healthier now.
Finally, the improvement in morale and creativity can also help make your business much more competitive. In Singapore as in everywhere else, a healthy workforce that does its job more efficiently and with more gusto is a vital component to the success of a business.
Yours in health,