Most Companies Still Not Measuring ROI of Wellness Program
Jan 10, 2011
According to a new study, employers are spending an average of $220 per employee on wellness programs, but only 37 percent are measuring the wellness program’s return on investment.
According to a new global survey released today by Buck Consultants, called “WORKING WELL: A Global Survey of Health Promotion and Workplace Wellness Strategies,” employers spent 35 percent more on wellness programs in 2010 than they did in 2009. This comprehensive study analyzed responses from more than 1,200 organizations in 47 countries representing more than 13 million employees.
“Organizations that measure the impact of their wellness programs are more successful at improving their employees’ health and overall wellness,” said Barry Hall, a Buck principal who directed the survey. “However, many simply don’t know how to measure their results, or they don’t have the resources to do so.”
Wellness programs continued to gain momentum this year among U.S.-based organizations as a key strategy to reduce the cost of providing health care, improve worker productivity, and reduce absenteeism. Globally, improving productivity is the most important objective for wellness programs, with improving workforce morale and engagement rising from (more…)