Study says that companies with healthy employees perform better in stock market
A new study says that a company performs better only if it has more healthy employees.
Wonder why your company is not performing better in the stock market? Highlighting health as an important factor in the financial health of a corporation, a study has found that companies with best-in-class workplace health programmes for employees can secure a competitive edge in the stock market. The study compared the stock market performance of 10 of the healthiest companies in South Africa. Nine different investment scenarios were tested and, in all nine scenarios, the healthy companies outperformed the Johannesburg Stock Exchange All Share Index. Here are 10 office yoga poses to beat stress and increase productivity.
Previous studies linking the stock prices of US companies with high-performing employee health and well-being programmes found that firms with good workplace health plans outperformed the Standard & Poors index by 7-16 percent per year. Taken together, these four studies add to the growing mountain of evidence that workforce health is a significant factor in the financial health of a corporation, said Daniel Malan, a lecturer at South Africas University of Stellenbosch Business School, and an author of the South African study. Here are 10 ways to reduce stress at work.
In order for corporations to achieve sustained success, they must focus on the day-to-day issues that are critical to progress, such as the health of their most valuable asset their employees, said Derek Yach, chief health officer of Vitality and chair of the Health Metrics Working Group. The study findings were published in the February issue of the Journal of Occupational and Environmental Medicine (JOEM).
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