The employee wellness statistics show that fitness initiatives can be "no-brainers" if well-planned. According to one source, employee wellness programs work wonderfully, with potential cost savings varying from $2.30 to $10.10 per dollar spent on programs. Potential areas of savings include:
- fewer employee absences
- fewer injuries and less worker's comp/disability claims
- lower healthcare costs
- higher productivity
- increased morale and better employee retention
In a CDC-funded study by Dr. Ron Goetzel of Cornell University, results showed that employee wellness programs do work, recouping employee wellness program expenses in 5 years if implementers can whittle down employee health risk factors by a mere point two percent (.2%). In his Dow Chemical case study, Goetzel found that Dow would reap a stunning 300% ROI if it managed a 1% risk factor improvement. With the company's large size, at that improvement level, employee wellness programs do work to the tune of $50 million, or $10M per year.
Do employee wellness programs work for you? Employee Wellness USA can help you answer that question. Ping us at any time for healthcare management assistance that's customized to fit your needs.
