Posted by Employer Wellness | Posted in Employer Wellness | Posted on 02-11-2008
Employer Wellness Program ROI: Fact or Fiction?
Employee Health Promotion Programs … do they provide a strong return on investment? This is a question that we are sure goes through ever company’s mind. HR Magazine addresses the Employer Wellness Program ROI topic in their June 2008 issue.
Employer Wellness Program ROI: The Bottom Line
According to the article, titled “Finding Wellness’ Return on Investment,” determining Employer Wellness Program ROI is not an easy thing to do for companies because it involves a lot of different variables and time.
However, the organizations that have taken the time to determine the Employer Wellness Program ROI of their Employee Health Promotion Programs have found that it is quite significant. Not to mention, the Wellness program’s effect on the improvement of staff member health and the slowing of the rate of their staff member health care expenses.
Employer Wellness Program ROI Alliance
Employer Wellness Program ROI is such an important aspect of today’s organization culture, that several large organizations 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 Employee Health Promotion Programs.
The alliance, formed by Henry Ford Health Systems, BMW of North America, Kraft Foods Global, Schlumberger Limited and MasterCare Worldwide, strongly believes in showing the value of Employee Health Promotion Programs and want to develop a standard for how Employee Health Promotion Programs are measured.
Employee Health Promotion Programs Components
According the alliance, the following components should make up an organization-offered staff member Employee Health Promotion Program:
Employee assistance Programs (EAPs)
Disease Management Programs (DM)
Fitness and exercise Programs
Health Risk Assessments
Worksite health care Programs
Individual wellness profiles
Preventive Health Screening and Biometric Testings and immunizations
Smoking-cessation Programs
Phone based Employee Health Promotion Programs
Weight Management / Loss Programs
Self-Care Programs.