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Labrish
Nyuuz
AXA Mansard warns firms over sick staff costs
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[QUOTE="Munyaradzi Mafaro, post: 67785, member: 636"] AXA Mansard Health is urging Nigerian companies to view worker health programs as strategic investments that boost output and profits instead of treating them as expenses. Chief Executive Tope Adeniyi delivered this message at a Lagos breakfast event with human resources executives and business leaders, where participants examined how medical expenses affect staff performance. Adeniyi said firms that prioritize wellness see better results than those cutting health budgets to reduce costs. Records from the insurance provider demonstrate that organizations investing in preventive care experience lower claim expenses for each worker. When staff members feel sick or stressed, they may be present physically but lack mental focus and emotional engagement, he explained. Companies serving Nigeria's toughest industries for over 10 years have shown that wellness initiatives drive performance rather than drain resources. The insurer operates a wellness network connecting workers to more than 2,000 medical facilities nationwide, along with virtual doctor visits and lifestyle guidance tools. Executives at the gathering agreed that leaders who demonstrate healthy behaviors themselves create stronger employee commitment and higher productivity. AXA Mansard Health promised to keep supporting employers with practical solutions and data analysis for managing both rising medical costs and workforce effectiveness. [/QUOTE]
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Nyuuz
AXA Mansard warns firms over sick staff costs
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