Measuring the ROI of your workplace wellness program
It’s important to measure the return on investment (ROI) of your wellness program to make sure that it’s having a positive impact on your business. There are a number of metrics you can track, such as:
- Employee healthcare costs: Track changes in employee healthcare costs over time to see if your wellness program is leading to cost savings.
- Absenteeism rates: Track changes in absenteeism rates to see if your wellness program is leading to fewer missed workdays.
- Employee productivity: Track changes in employee productivity to see if your wellness program is leading to increased productivity.
- Employee morale: Track changes in employee morale to see if your wellness program is leading to a happier and more engaged workforce.
By tracking these metrics, you can get a sense of whether your wellness program is having a positive impact on your business. If it is, you can continue to invest in your program and expand it to reach more employees. If it is not, you can make adjustments to your program to improve its effectiveness.
Building a healthy organization is an ongoing process, but it’s an investment that pays off in the long run. By creating a workplace that supports employee health and well-being, companies can improve their bottom line and create a happier, more productive workforce. To learn more, look over the accompanying graphic.