Wellness Provides Return on Investment
Wellness’ Return on Investment
Wellness Programs … do they offer a strong return on investment? This is a question that we are sure goes through ever corporations mind. HR Magazine addresses the wellness return on investment topic in their June 2008 issue.
Wellness Programs: The Bottom Line
According to the article, titled “Finding Wellness’ Return on Investment,” determining the return on investment of a wellness program is not an easy thing to do for companies because it involves a lot of different variables and time.
However, the corporations that have taken the time to determine the ROI of their wellness programs have found that it is quite significant. Not to mention, the wellness program’s effect on the improvement of employee health and the slowing of the rate of their employee health care costs.
Wellness’ alliance for ROI
Wellness is such an important part of today’s corporate culture, that several large corporations have come together to form the Alliance for Wellness ROI, Inc. According to the HR Magazine article, The Alliance for Wellness ROI was specifically created to address the lack of consistency in proving the value of wellness programs.
The alliance, formed by BMW of North America, Henry Ford Health System, Kraft Foods Global, MasterCard Worldwide and Schlumberger Limited, strongly believes in showing the value of wellness programs and want to develop a standard for how wellness programs are measured.
Wellness Program Components
According the alliance, the following components should make up an corporate-offered employee wellness program:
- Disease Management programs
- Employee assistance programs
- Fitness programs
- Health risk assessments
- On-site medical programs
- Personal wellness profiles
- Screenings and preventative care
- Smoking-cessation programs
- Telephonic wellness services
- Weight management programs
- Wellness education and communication
- Work/Life balance programs.
EmployeeWellnessUSA can assist you in creating an Employee Wellness Program that includes all the above components, as well as others that fit the needs of your employees. Please contact one of our wellness professionals to receive a free wellness proposal.
Tags: corporate, corporate wellness, employee, employee wellness, health, health risk assessments, investment, risk assessment, wellness, wellness programs
