Corporate Wellness Programs - Dollars and Sense

             Health And Wellness Tips For The Workplace



A lot of articles talk broadly about the overall benefits of corporate wellness programs for

businesses, how they can save companies money while leading to higher employee productivity,

job satisfaction, and morale. This article will only focus on specific statistics of these Health And Wellness Tips For The Workplace

programs, demonstrating thoroughly - in dollars, cents, and percentages - the great value they

bring to the companies that use them.

First, a comprehensive review of more than 100 peer-reviewed studies of companies with health &

wellness programs over the past three decades showed an average annual savings in healthcare

costs of $358 per employee. Moreover, companies in these studies saw, on average, $294 in

annual savings per employee due to decreased absenteeism. That's an annual savings of over $650

for companies!

The review also calculated the rate of savings versus the cost of corporate wellness consulting

and implementation and found that the return on investment on reducing healthcare costs was

$3.27 for every dollar spent by the company and $2.73 for every dollar spent on reducing

absenteeism.

Another source also looked at studies of more than 50 comprehensive programs and found that

every study showed positive health outcomes for employees and an over 96 percent cost-

effectiveness rate. Moreover, some programs in the studies showed returns on investment of

$5.00 or more for every dollar spent.