A lot of articles talk broadly about the overall benefits of corporate wellness programs for
businesses, how they can save companies money while leading to higher employee productivity,
job satisfaction, and morale. This article will only focus on specific statistics of these
programs, demonstrating thoroughly - in dollars, cents, and percentages - the great value they
bring to the companies that use them.
First, a comprehensive review of more than 100 peer-reviewed studies of companies with health &
wellness programs over the past three decades showed an average annual savings in healthcare
costs of $358 per employee. Moreover, companies in these studies saw, on average, $294 in
annual savings per employee due to decreased absenteeism. That's an annual savings of over $650
for companies!
The review also calculated the rate of savings versus the cost of corporate wellness consulting
and implementation and found that the return on investment on reducing healthcare costs was
$3.27 for every dollar spent by the company and $2.73 for every dollar spent on reducing
absenteeism.
Another source also looked at studies of more than 50 comprehensive programs and found that
every study showed positive health outcomes for employees and an over 96 percent cost-
effectiveness rate. Moreover, some programs in the studies showed returns on investment of
$5.00 or more for every dollar spent.
Some specific examples demonstrate just how dramatic savings associated with corporate wellness
programs can be. For health care cost savings, a company was able to save between $3,000 to
$15,000 in reduced health claims by employees. Other companies meanwhile were able to reduce
sick leave rates by nearly 20 percent, with employees absent from work on average a day less
than employees not enrolled, with one company seeing 80 percent fewer sick days from employees
enrolled in its exercise program than those not enrolled.
While Weekly Wellness Tips For Employees have also been demonstrated to improve employee productivity and
morale, quantifiable rates in reduced employee turnover demonstrate how effective these
programs can be for employee retention. Indeed, in one study, large companies with established
wellness programs saw employee turnover decrease by nearly three times among employees
enrolled, with another company showing a 10-fold decrease in turnover among enrolled employees.
