Want to be more competitive? Then make sure your employees are as healthy as they can be, according to the UBS Wealth Management white paper, "Corporate Health: The changing role of companies."
"Companies should embrace the vision underlying corporate health – that a firm's health is inextricably linked to the health of its employees," the authors write. "Under this approach, it becomes apparent that employee health is not so much a cost for a firm as a potential competitive advantage."
While a direct cause and effect between a healthy workforce and superior share price returns is difficult to establish, there is growing evidence that the two are in some way correlated, according to the paper. It could be that improved employee health lifted the performance of companies, or that better-performing companies simply tend to have higher-caliber employee health programs.
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Katie Kuehner-Hebert
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
