The Center for Disease Control and Prevention defines a culture of health and wellness as:
“The creation of a working environment where employee health and safety is valued, supported, and promoted through workplace health programs, policies, benefits, and environmental supports. Building a culture of health involves all levels of the organization and establishes the workplace health program as a routine part of business operations aligned with overall business goals.”
Fortune magazine's best companies reveal that their greatest tool for business success is culture - creating an ideal environment for employees where they can thrive and feel connected, supported, and valued.
Benevolent people practices directly result in a company's greater financial performance, just ask Google. Recruitment rate is high and not because the pay is higher, but because the positive and supportive culture draws people. Retention rate is high because employees enjoy being at work where they are valued, engaged, challenged and encouraged.
Research has found medical costs return on investment to be $3.27 for every dollar spent on worksite wellness programs. Investing in developing an ideal culture for your employees is a key long-term human asset management strategy and is as important as investing in other resources (Baicker et al. 2010).
Check out Tim Steven's excerpt from his book Fairness is Overrated: And 51 Other Leadership Principles to Revolutionize Your Workplace (2015)
on what it means to have an enviable workplace culture.