Submitted by: Submitted by kevdogg82
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Date Submitted: 02/22/2013 12:30 PM
December 8, 2012
Mr. Mark Summers
President, Wells Fargo Bankcard Collections
521 SE Smith Dr.
Vancouver, WA 98683
Subject: Proposal for a Feasibility Study on Employee Wellness Programs
Dear Mr. Summers:
The following is a proposal to conduct a feasibility study into the need for, and the benefits of, instituting an employee work/life balance program for Wells Fargo Financial. This proposal contains background on the importance of employee work/life balance on productivity, my qualifications, costs associated with the study, and a schedule for completion of the feasibility study. Attracting and retaining talent is crucial to a company’s success and with the current trends in the finance industry, retaining talent and ensuring business continuity is an ongoing challenge that requires careful human resource management. The study that I am proposing will benefit the company by showing how various aspects of the corporate environment affect program success and what programs work best in different types of environments, and with that being said, I would like to request your permission to conduct the feasibility study within the company.
Research shows that work-life balance is an area that has been increasingly recognized as strategically important in attracting the best possible candidates and retaining high quality staff. The trend in today’s workplace is for employees to work longer hours and as a result, when they arrive home they do not feel like exercising or cooking quality meals. In addition to this, many employees are not taking their holiday vacation time. These issues result in lethargy and absenteeism due to health issues and in return have an impact on employee productivity. A healthy staff will reduce costs to the company and assist in meeting department goals.
Benefits of a Work/Life Balance Program
Supporting and encouraging work/life balance provides the key to a successful organization. Minimizing work-life conflicts helps...