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OBJECTIVES

There are two key objectives: -

1. SAVING MONEY

The objective is to increase productivity and lower the cost of absenteeism, presenteeism and workers' compensation by investing in

  •  health and fitness programs

  •  personal development programs

  •  career development programs

  •  Formula I Rehabilitation programs.

2. INCREASING PRODUCTIVITY

To gain the benefits of increased productivity an organisation has to have a keen sense of the effectiveness of its current OH&F programs;

  •   how much is being spent on unproductive activities

  •   where savings can be made

  •   how productivity gains can be measured.

Quantifying the cost of dys-ease and dysfunction is difficult. For instance, what figure would you put on the cost of absenteeism, presentism and workers' compensation in your organisation?

You'll never know if you don't measure it.

THE TARGET

The target you're aiming at is cutting your workers' compensation bill by 20% and to cut your absenteeism by 2 days per person per year. On the presenteeism front, you're going to have a measurably happier staff based on results of the Mind and Body profile and the Stress and Career Satisfaction profiles.

THE INVESTMENT

If you're going to make a dent in your absenteeism, presenteeism and  and workers' compensation costs you're going to have to invest some money.

How much? For starters - 20% of the money you're currently spending on workers' compensation insurance plus the cost of two day's absenteeism across the organisation.

If you want your absenteeism presenteeism and workers' compensation costs to keep escalating, keep telling yourself that you don't have the money to spend on prehab.