Employee Wellness Initiative ROI

Employee Wellness Initiative ROI: Fact or Fiction?

Employee Wellness Initiatives … do they offer a strong return on investment? This is a question that we are sure goes through ever company’s mind. HR Magazine addresses the Employee Wellness Initiative ROI topic in their June 2008 issue.

Employee Wellness Initiative ROI: The Bottom Line

According to the article, titled “Finding Wellness’ Return on Investment,” determining Employee Wellness Initiative ROI is not an easy thing to do for businesses because it involves a lot of different variables and time.

However, the companies that have taken the time to determine the Employee Wellness Initiative ROI of their Employee Wellness Initiatives have found that it is quite significant. Not to mention, the Wellness program’s effect on the improvement of employee health and the slowing of the rate of their employee healthcare expenses.

Employee Wellness Initiative ROI Alliance

Employee Wellness Initiative ROI is such an important part of today’s company culture, that several large companies 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 Wellness 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 Wellness Initiatives and want to develop a standard for how Employee Wellness Initiatives are measured.

Employee Wellness Initiatives Components

According the alliance, the following components should make up an company-offered employee Employee Wellness Program:

Employee assistance Program
Disease Management Programs (DM)
Fitness and exercise Programs
Health Risk Assessments / Health Risk Appraisals
Onsite healthcare Programs
Personal wellness profiles
Preventive Health Testings and immunizations
Tobacco-cessation Programs
Telephonic Employee Wellness Initiatives
Weight loss and weight management Programs
Self-Care Programs.