Obviously there must be a significant advantage to the company for investing precious time and money into a corporate wellness program. employees result in:
Lower health care costsLower staff turnoverReduced absenteeism and presenteeismFewer medical claimsHigher productivityImproved employee morale
Based on meta-analyses of published reviews, the average return on investment for every $1 spent on wellness programs is $3-5.
Some statistics from just a few Canadian companies:
Canada Life gained a ROI of $6.85 for each dollar invested, through reduced turnover, productivity gains and decreased medical claims.The turnover rate for wellness program participants at Canadian Life Assurance was 32.4% lower than the averageToronto’s municipal employees fitness program participants missed 3.35 fewer days just in the first 6 months of the programThe company fitness program participants at Toronto Life Assurance had a turnover rate of 1.5% vs. 15% for non-participantsThe turnover rate for participants at the company-sponsored fitness program at BC Hydro was 3.5% vs the company average of 10.3%
This is just a few of the hard statistics from programs offered over the past 30 years. It’s interesting that many of these programs were merely focused on fitness, rather than the complete wellness that our program provides. It’s exciting to think how much bigger the ROI will be when you address ALL aspects of health.
