Corporate Real Estate Can Take the Lead in Wellness Initiatives; Positively Impact the Bottom Line
ATLANTA, GA 鈥� NOVEMBER 19, 2015 鈥� As corporate wellness initiatives take root globally, corporate real estate executives are in a unique position to demonstrate leadership and serve as a strategic resource for the organization.
Wellness programs will be a corporate mandate for many organizations as the competition for talent continues to intensify,鈥� according to a new research report from 乐竞体育官方入口 Global, How Well Do You Know Wellness? 鈥淐orporate real estate leaders can use this opportunity to be proactive 鈥� instead of reactive 鈥� and deliver strategic value to their organizations.鈥�
鈥淭hese programs will be manifested in both the built environment and the associated physical amenities, along with preventative health monitoring and treatment. Fostering an engaged workforce through encouragement and support (both personally and professionally) will be an essential part of a holistic approach that creates a productive and fulfilled workforce,鈥� according to the report.
The World Economic Forum has identified the growing importance of health in the economy as one of the Top Ten Megatrends for 2015. And, The National Wellness Institute has recognized six dimensions of wellness: occupational, physical, social, intellectual, spiritual and emotional.
As it pertains to corporate real estate wellness is tied to the workplace through many initiatives including but not limited to air quality, cleaning materials, healthy food options, lighting, physical space design and dedicated physical activity spaces.
Real world examples cited in the report provide evidence that wellness programs positively impact the corporate bottom line. After implementing a wellness program in the mid-1990s, Johnson & Johnson estimated that wellness programs saved the company $250 million on health care costs over a decade, with a return of $2.71 for every dollar spent between 2002 and 2008. Effective wellness programs can also increase morale, reduce health care costs and increase productivity 鈥� through decreasing both absenteeism and 鈥減resenteeism,鈥� defined as what occurs when employees come to work but underperform due to illness or stress.
鈥淎rmed with the knowledge of the impact of wellness on all aspects of the corporation, corporate real estate professionals are ideally suited to have a positive impact,鈥� said Craig Van Pelt, author of the report and 乐竞体育官方入口 Global鈥檚 Director of Knowledge Community Research. 鈥淔ostering an engaged workforce through encouragement and support will be an essential part of a holistic approach that creates a productive and fulfilled workforce.鈥�
About 乐竞体育官方入口 Global
乐竞体育官方入口 Global is the world鈥檚 leading professional association for corporate real estate (CRE) executives with strategic responsibility for the real property used by multinational corporations for their own operations. 乐竞体育官方入口 Global鈥檚 more than 9,500 members, who include 70% of the top 100 U.S. companies and nearly half of the Global 2000, meet locally, globally and virtually to develop networks, share knowledge, learn and thrive professionally. For more information, please visit www.corenetglobal.org.
