How to use economic recession to your advantage
09-DEC-08
By T Geddes
Times are changing
Many companies who have been riding the crest of the wave of prosperity over the last years are finding themselves with more time on their hands. During this period when production volumes usually decrease, management can utilise the extra time to give some attention to company health policies.
Not only does this provide an opportunity to upgrade and implement new health and wellness programmes, but it also provides a golden opportunity for management to invest in their most valuable commodity – their employees.
Health and productivity
The scourge of HIV/AIDS affects all levels of society and not only stereotyped groups such as the poor and unemployed. The productivity and morale in labour driven industries are also severely impacted by absenteeism due to illness and death.
A pro-active approach to health management can secure a steady economic future for your business.
Long term benefits
It is only fair to believe that the economy will recover from the current threat of recession, at which point in time, business demand will increase and productivity will be expected to return to optimum levels.
This is where the golden key lies: having a firmly established health investment in human resources will support the exponential demands on productivity that economic growth brings as well as the long term benefit of lowered re-training cost, lower absenteeism, decreased staff replacement most of all – happy healthy employees!
Rubyfish Health Risk Solutions aim to assist companies to invest in the health and wellness of their employees by implementing educational programmes, medical and psychosocial assessments. For more information they can be contacted on info@rubyfish.co.za.
Full details on Rubyfish available here











