Workplace Wellness Program ROI
Workplace Wellness Program ROI: Fact or Fiction?
Workplace Wellness Programs … do they offer a strong return on investment? This is a question that we are sure goes through ever organization’s mind. HR Magazine addresses the Workplace Wellness Program ROI topic in their June 2008 issue.
Workplace Wellness Program ROI: The Bottom Line
According to the article, titled “Finding Wellness’ Return on Investment,” determining Workplace Wellness Program ROI is not an easy thing to do for businesses because it involves a lot of different variables and time.
However, the businesses that have taken the time to determine the Workplace Wellness Program ROI of their Workplace Wellness Programs have found that it is quite significant. Not to mention, the Wellness program’s effect on the improvement of worker health and the slowing of the rate of their worker medical care expenses.
Workplace Wellness Program ROI Alliance
Workplace Wellness Program ROI is such an important part of today’s organization culture, that several large businesses 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 Workplace Wellness Programs.
The alliance, formed by BMW of North America, Henry Ford Health System, Kraft Foods Global, MasterCard Worldwide and Schlumberger Limited, strongly believes in showing the value of Workplace Wellness Programs and want to develop a standard for how Workplace Wellness Programs are measured.
Workplace Wellness Programs Components
According the alliance, the following components should make up an organization-offered worker Workplace Wellness Program:
Employee assistance Program
Disease Management Programs (DM)
Fitness and exercise Programs
Health Risk Assessments / Health Risk Appraisals
On-Site medical care Programs
Individual wellness profiles
Preventive Health Testings and immunizations
Tobacco-cessation Programs
Telephonic Workplace Wellness Programs
Weight loss and weight management Programs
Self-Care Programs.
