Optimising Wellness Programs for EOFY, Employee Benefits and Morale

23 May 2025

Boosting Morale in the Workplace: The Benefits of Corporate Wellness

As budgetary planning for the year ahead kicks into gear, the end of the financial year (EOFY) is a great time to revisit your organisation’s Corporate Wellness Plan.

In this blog, we examine the employee wellbeing benefits of Corporate Wellness Programs and explore the positive tax implications for your bottom line.

Improved Physical Health

Office Yoga, Pilates, and workplace massages are all ways to improve the physical wellbeing of your employees. Physically intensive activities build strength and flexibility, which is especially important for team members who spend the majority of their day sitting at a desk. On the other hand, more relaxing activities like office massages and mindfulness sessions can release tension and attune your staff to where they carry stress in their body, making it easier for them to let it go. This can have the added benefit of improving employee posture as well. 

Improved Mental Health

The mental health benefits of Corporate Wellness Programs are multifaceted. Most activities, even physically intensive ones, will emphasise the importance of mindfulness and breath work, which helps you get out of your “head” and into your “body”, improving mood and reducing stress.

These activities also engage your muscles, which promotes oxygen and blood flow. This can give you an energy boost and empower you to tackle complex tasks without having to rely on coffee to stay focused, which can inadvertently spike your stress levels. 

Positive Work Environment 

A robust Corporate Wellness Program is one of the best ways to improve workplace morale. Wellness activities like group fitness or yoga sessions provide an opportunity for teambuilding and create a working environment that feels more friendly. At the same time, these activities put employees in the right headspace to be engaged and focused on their work when they return to it.

There’s also something to be said for the sense of satisfaction that comes when employees feel like their workplace actually cares about them. This benefits the organisation as well because satisfied employees are likely to be more productive.

Optimising Corporate Wellness for Your Team

Corporate Wellness Plans can take many forms, from office massages to interactive yoga, pilates and fitness sessions - there’s no one-size-fits-all. To work out the best program for your team, consider their needs. If you work in a fast-paced, physically demanding environment, relaxation and recovery will be key to your wellness program. If your team works in a quiet office setting, they’ll probably need more dynamic, physically engaging activities.

Once you’ve decided on your approach and begun your program, review your plan periodically. Evaluate whether it’s meeting the needs of your team by asking:

• Are my employees benefiting from this plan?
• Are they participating? Is the activity accessible?
• What adjustments can I make to improve the plan?

If you identify areas for improvement, make changes to your plan and monitor the impact.

Investing in an EOFY Corporate Wellness Program

Departmental budget allocations often work on a “use-it-or-lose-it” basis. If you don’t spend your allocated budget for employee wellness in any given financial year, you’ll likely be allocated less funding in the next one. That’s why the EOFY is the perfect time to invest in Corporate Wellness; not only will your team reap the benefits, but you’ll also secure your funding for the year ahead.

All money spent on a corporate wellness plan for your employees is tax deductible. That means you can write off the expenditure and use it to reduce your taxable income, decreasing the amount of tax you pay overall. Some Corporate Wellness activities will be subject to fringe benefits tax (FBT), but if you deliver the program within your business premises, you’re likely exempt. Your accountant will be able to help you work out the appropriate tax treatment.

Corporate Wellbeing with On-site Stress Management 

Are you interested in how a Corporate Wellness Program could benefit your organisation this EOFY?

Speak to one of our friendly team members. We’ll help you build a bespoke program that aligns with the needs of your employees and your organisational goals.

Contact us today! 

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