Wellness Franchise Opportunities

Wellness industryJun, 30 2017

Corporate health and wellness programs

This article talks about corporate wellness as a business idea and mentions companies which are contributing their bit towards corporate wellness.

By Madhusree Chowdhury

The big and small corporations are witnessing degradation in the productivity and health of the employees despite the fact that the best profiles are chosen to take the companies to a new level. The main reasons behind such an anomalous declination in the statistical report are the increasing work tension, stress, and imperfect diet which are also pushing the wellbeing of the employees and future of the companies towards a darker future. This is where the concept of corporate wellness comes in the picture.

The wellness industry in India crossed the mark of INR 85,000 Crore in the year 2015. As per the speculations from the statistical reports, it is expected that the growth of this industry will remain 12% for upcoming 5 years. 47% of the urban population is ready to enter the senior phase which means that the companies will have to pay for the health issues as per the corporate plans. The companies, on the other hand, are looking for an effective cost-cutting measure which can be implemented to reduce the health expenses. Corporate wellness programs are the best way to ensure proper health of the workforce and reduce the expenditure. This is the reason why the entire industry is going to double itself at the end of this decade.

Corporate wellness as a business plan
India is one of the hottest foreign investment and globalization zones for the multinational companies. Moreover, the outsourcing departments of the Indian companies have witnessed better days after 1990. Due to the immense increase in business and continuously growing demand, the corporate wellness sector will also grow as the corporations will need more venues to conduct health programs for the hardworking employees. Currently, the number of companies in this segment is a handful which is why it is better to enter this field when the competition is low and the future is prospective.

The Indian companies that are creating their own landmark in this particular wellness sector are mentioned below.

HealthifyMe
Currently located in four major cities in India, HealthifyMe is changing the scenario of the industry by providing a full-proof plan to solve the corporate wellness crisis. The company is proving its remarkable presence in Chennai, Delhi, Mumbai, and Bangalore by providing the strategic plans to engage more than 50% of the corporate mass in a themed environment where every single participant will receive the utmost care and guidance to maintain a proper body mass index and grow fitness.

The company has an effective application launched for the smart device users. In fact, the coaches and trainers under this brand provide a challenging environment where the group participates and overcome it.

Truworth Wellness
Probably, Truworth Wellness is the only platform that is allowing the Indian corporations to measure the ROI on wellness programs by assessing the health risks, introducing disease management and condition management programs, and initiating individual biometric approach. This company has attracted great admiration and accolades from the renowned multinational companies like HP, Dell, Deutsche Bank, GSK, Standard Chartered, Western Union, Bosch, etc.

Meta Wellness
From detailed health check to individual health planning, Meta Wellness is providing dimension-altering services in the corporate health and wellness programsby utilising proper analytics and screening techniques. The coaches and dieticians design the best possible fitness plan for groups and individuals to escalate the health of the workforce. The innovative group activities are quite encouraging for the corporate employees.

Indian Society of Healthcare Professionals
This Indian company is the venture of the healthcare professionals from all over the subcontinent that provides employee wellness solutions to the corporate houses. The programs are developed by the eminent health professionals linked via this group as per the requirement of the corporations. The corporate health and wellness programsare the daughter concern of ISHP India. The plan includes measures to elevate the health conditions of the entire country.

Sky Fitness
The presence of this international brand is raising the bar for the corporate wellness industry. Sky Fitness has included variety of programs that take care of the corporate workforce’s health from all possible directions. It has its presence in the USA, Singapore, and now in India with its efficient programs to maintain the wellbeing of the corporate houses.

It is high time to venture in this particular wellness business plan to make a prospective future ahead. The demand is high and continuously growing, but the competition is comparatively weak. If you are a fitness buff and want to do something for the society then this is the ideal gateway to choose. 

Related: ​Interesting Fitness Business Ideas

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