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Healthcare as a Competitive Advantage: How Onsite Clinics Drive Talent Acquisition and Retention

Posted by CareATC on October 3, 2023
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231003-CATC-BP-HRIn today's highly competitive job market, attracting and retaining top talent has become a strategic imperative for businesses. One increasingly popular approach to gaining a competitive edge is offering onsite healthcare clinics for employees. Employer-sponsored clinics continue to be a key health and benefits strategy, especially among large employers. Nearly a third of all organizations with at least 5,000 employees offer a primary care clinic to their employees. This rises to 38% for employers with 20,000 or more employees (Mercer, 2021). These clinics not only provide essential medical services but also serve as a powerful tool for talent acquisition and retention.

Onsite Clinics: A Competitive Necessity

Onsite clinics are company-sponsored healthcare facilities located within or near the workplace, offering a range of medical services. They are no longer a luxury but a necessity in attracting and retaining talent. According to a Mercer study (Mercer, 2021), 60% of employers consider onsite clinics a vital part of their benefits strategy.

Talent Acquisition: Attracting the Best

Enhanced Recruitment: Onsite clinics send a strong message to potential hires about a company's commitment to employee well-being. It can make an organization more appealing to top candidates who prioritize health and work-life balance. The Society for Human Resource Management (SHRM, 2020) indicates that 70% of employees view employer-sponsored healthcare as a crucial factor in job satisfaction.

Reduced Absenteeism: A healthy workforce is a productive one. Onsite clinics reduce absenteeism, improving operational efficiency. A report by the Business Group on Health revealed that employees who use onsite clinics miss fewer workdays and are more likely to adhere to preventive care measures (Business Group on Health, 2021). This is a significant selling point when attracting candidates who value job stability and a work environment conducive to performance.

Talent Retention: Keeping the Best

Convenience: Employees are more likely to stay with an employer who offers convenient healthcare services. Onsite clinics eliminate the need for time-consuming doctor's appointments and reduce absenteeism due to minor illnesses. Furthermore, 91% of employees who utilized onsite clinics reported being satisfied with the care they received (Mercer, 2021).

Wellness Programs: Many onsite clinics also provide wellness programs, promoting a healthier lifestyle among employees. A healthier, happier workforce is less likely to seek opportunities elsewhere.

In the competitive landscape of talent acquisition and retention, providing onsite healthcare clinics can be a game-changer. These clinics not only offer essential medical services but also send a powerful message to current and potential employees about a company's commitment to their well-being. As the workforce becomes more health-conscious, onsite clinics are emerging as a significant factor in gaining a competitive advantage in the talent market.

 

References

Business Group on Health. (2021). 2021 Large Employers’ Health Care Strategy and Plan Design Survey. https://www.businessgrouphealth.org/resources/2021-large-employers-health-care-strategy-and-plan-design-survey

Mercer Worksite Health Centers 2021 Survey Report. National Association of Worksite Health Centers. (2021). https://www.mercer.com/assets/us/en_us/shared-assets/local/attachments/pdf-2021-worksite-health-centers-report.pdf

SHRM 2020 Employee Benefits. Society for Human Resource Management. (2020). https://shrm-res.cloudinary.com/image/upload/v1630503564/2020%20Employee%20Benefits/Benefits_Full_Report_FINAL_1.pdf

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CareATC

Post Topics On-Site Medical Clinics, Workplace Wellness, Benefits & Compensation, Resources for Managers, Employee Engagement

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