Wellness Forum

Financial Benefits

Wellness programs provide economic benefit by reducing absenteeism

Results from some of America's finest companies show that investing in your most important asset - your employees - has an impact on your bottom line. Additionally, investing in your employees’ health is one of the best ways to reap financial benefits. For example:

• Fitness programs have reduced employer healthcare costs by 20% to 55%
• Reducing just one health risk increases a person's productivity on the job by 9% and reduces absenteeism by 2%
• For every $1 the average company spends on its worksite wellness program, it receives an average net benefit of $3.40 to $7.88

From a management perspective, worksite wellness programs have the potential to reduce a variety of costs. Implementing a worksite wellness program therefore becomes an ideal way to create a healthier workforce while at the same time decreasing absenteeism, reducing medical claims costs, and improving employee productivity, recruitment, and retention.

• Reducing Absenteeism
• Managing Healthcare Costs
• Return on Investment

Source:
American Heart Association