Current tax law allows employers who provide on-site fitness facilities to deduct the costs of those facilities as regular business expenses, and employees who use the fitness centers are not taxed on the value of that benefit.
   
Studies have shown significant loss in employee productivity related to obesity, due to sick days, physician visits, and restricted activity National Institute of Diabetes & Digestive & Kidney Diseases (NIDDK).
   
According to the (NIDDK): The cost of lost productivity related to obesity (BMI > 30) among Americans ages 17–64 is $3.9 billion. This value considers the following annual numbers (for 1994):

• Workdays lost related to obesity: 39.3 million
• Physician office visits related to obesity: 62.7 million
• Restricted activity days related to obesity: 239.0 million
• Bed-days related to obesity: 89.5 million
   
Research also shows that for every dollar spent on Employee Assistance Program’s, savings can range from 7 to 14 dollars (Warren Shepell Consultants).
   
Research shows that preventative lifestyle programs cost far less than treating lifestyle diseases (American Council on Exercise).
   
The Centers for Disease Control and Prevention (CDC) predict that if current trends continue, obesity will become the leading cause of death in America by 2005. Obesity is indirectly associated with more than 30 medical conditions, and scientific evidence has established a strong direct link between obesity and at least 15 of those conditions.
Current tax law allows employers who provide on-site fitness facilities to deduct the costs of those facilities as regular business expenses, and employees who use the fitness centers are not taxed on the value of that benefit!
 
 
Statement by Chairman of the Subcommittee on Tax, Finance and Exports:

Rep. Pat Toomey in the hearing for: H.R. 1818, the Workforce Health Improvement Program Act: Healthy Employees; Healthy Bottom Line on 7/8/2004 had the following to say:

“Exercise and weight management are critical to maintaining a healthy lifestyle. Public health experts unanimously agree that people who maintain active healthy lifestyles dramatically reduce their risk of contracting chronic diseases. A physically fit population results in a decrease in health care costs, reduced governmental spending, fewer illnesses, improved worker productivity, and better quality of life.

Exercise is a proven and cost-effective method of preventing and treating many of the illnesses that many Americans are confronted with today. Unfortunately, 60 percent of all Americans are still physically inactive, growing our nation’s obesity rate to near epidemic proportions. The Centers for Disease Control and Prevention, The Rand Corporation, the Surgeon General, and countless other experts consistently document that obesity, often exacerbated by lack of physical activity, is the number one health problem in the United States today. Given the tremendous benefits exercise provides, it makes sense to remove the obstacles that keep folks on the couch and not leading a healthy lifestyle.

Currently, approximately 98 percent of health care expenditures are spent on curative tactics…prevention, could lead to dramatic reductions in the cost of medical expenses in the U.S., which are estimated to double to $2.6 trillion by the end of this decade. The Centers for Disease Control and Prevention has concluded that the potential savings in direct medical costs if all inactive American adults engaged in regular exercise could be as high as $76.6 billion annually.

… we can take a significant step … which would lead to a healthier population, which in turn could decrease health care costs, reduce governmental spending, and help prevent debilitating illnesses. Most importantly, it will demonstrate that a better quality of life is attainable with even minor behavioral changes.

Yet another positive that can be realized … the direct affect it will have on the workplace. … would provide employers with more options when creating compensation packages for recruiting and retention efforts.
As our economy continues to grow, the competition for qualified employees increases, and employers need as many tools as possible to recruit or retain their best employees. This is especially true for small businesses, which often do not have the resources to compete with larger ones.
It is a simple fact that America in getting heavier and less physically active; and it’s not healthy. America is also getting older as the leading edge of the baby boomer generation is beginning to retire. This is going to force American taxpayers to continue pump more and more money into the Medicare system. If we enact legislation that would encourage fitness and weight management, not only will Americans lead healthier lifestyles, we would be lowering the total cost of curative health tactics both now and down the road. An ounce of prevention is worth a pound of cure.”


Current tax law allows employers who provide on-site fitness facilities to deduct the costs of those facilities as regular business expenses, and employees who use the fitness centers are not taxed on the value of that benefit!


The impact of stress on physical and psychological well-being and its negative effect on company productivity and morale is soundly documented. More and more Americans are having difficulty keeping their mind on their work. Employees are preoccupied with personal problems and focusing less on their jobs. Without assistance and coping strategies, these potentially productive workers will end up costing their company money by having accidents, difficulty concentrating, using up sick benefits, and getting into workplace conflicts. Employee stress lowers work quality and company productivity. Unmanaged stress will negatively affect the bottom line.

We, at American Boxing and Fitness understand that time is the most valuable asset anyone has… and lets face it, time is money and money makes the world go around, and we’re here to save you time and in turn money. Time isn’t the only way AB&F can save you money. Every business thrives on productive, positive, and energetic employees. Fitness and exercise are excellent ways to increase the health and attitude of you and your workers. Implementing a regular exercise program will increase your productivity now and save your business money in the short and long run. We understand that for your business to be successful it needs to stay competitive and attentive at all times. For this, we have developed a fun and effective way to keep your employees happy, healthy and motivated to work.

Exercise has been shown to aid in the prevention and or maintenance of pain, chronic illness, depression, and premature death. It has been proven to boost your immune system as well as decrease: bad cholesterol (LDL’s), blood pressure, anxiety and stress. With regular exercise you should see an increase in the focused energy levels of your employees.

Exercise is a profitable investment for your company in more ways than one. It is a proactive approach to decreasing health insurance costs. Many insurance companies actually give discounts to companies with established fitness programs. It will provide you with a healthier, more efficient, less stressed, more positive staff. You can also reduce your employee turnover rate, absenteeism time, and disability time.

Any type of exercise is good for you, but no other workout can challenge your mind and body like boxing. Your development of coordination and balance, while toning muscles and decreasing body-fat is untouched by any other form of exercise. It is an intense cardio workout that cannot be paralleled. Along with toning every muscle on your body, your mind is constantly being challenged to learn and execute patterns. The greatest benefit however, comes from within. You will develop a new sense of self-empowerment and accomplishment that will manifest throughout all aspects of your life. Above all, it’s a blast!

We believe that for fitness to be adhered to and become a way of life, it must be fun and ever changing. Your employees are more likely to see and pursue the benefits of exercise if they have a constant motivating factor; American Boxing & Fitness trainers are here to provide just that service for you.

Recognizing the benefits of a healthier workforce, many companies have invested in exercise equipment and on-site facilities. Unfortunately, many of these facilities sit unused by the people who would most benefit from using them because they lack the knowledge, confidence, and motivation to achieve their fitness goals. AB&F is here to help you change that!
Oh, did we mention…
Current tax law allows employers who provide on-site fitness facilities to deduct the costs of those facilities as regular business expenses, and employees who use the fitness centers are not taxed on the value of that benefit!
 
 
  • Fitness Training
  • Resistance/weight training (where facilities are available)
  • Self Defense
  • Health & Fitness Assessments
  • Health & Fitness Seminars
  • Body Composition Analysis
  • Postural Analysis
  • Nutritional Consultations
  • Monthly Fitness and Health Bulletins
  • Meal Planning and Personal Shopping Assistance
  • Healthy Lifestyle Transition Counseling
 
 
  • Increased concentration
  • Increased performance
  • Improved health
  • Lower absenteeism
  • Decreased employee turnover
  • Reduced sick time
  • Consistent energy
  • Greater mental strength and flexibility- Greater physical strength and flexibility
  • Rise in morale
  • Reduced stress
  • Increased relaxation
  • Improved attitude
 
 
By simply making AB&F an option for your employees you help them and yourself. You can sponsor your employee’s quest for fitness or simply provide them with the access to discounted corporate training at no cost to you.
There’s no time like the present to live and work happier and healthier.

Contact us for further details!
(858) 733-KBOX (5269)
Or email us at:
corporatewellness@abf.cc