Corporate Health Promotion Plan Return On Investment

For well over a decade, research studies have been showing the effectiveness of Corporate Wellness Programs. For each dollar spent on Corporate Wellness Programs, the returns have been cost savings of between $2.30 and $10.10 in the areas of decreased absenteeism, fewer sick days, decreased WSIB/WCB claims, lowered health and insurance costs, and improvements to employee performance and productivity.

Statistics do show that Corporate Wellness Programs increase employee morale, improve the ability to attract and retain key staff members, all while having more alert and productive staff members. Some Corporate Health Promotion Plan ROI statistics of note:

• Canada Life Insurance reported a return of $3.43 on Corporate Wellness Program, and an overall Corporate Health Promotion Plan ROI of $6.85 on each organization dollar invested on decreased turnover (32.4% lower), productivity gains and decreased medical claims,
• DuPont’s Corporate Health Promotion Plan pilot sites saw a saving of 11,726 disability days and a return of U.S. $2.05 for each dollar invested by the end of the second year,
• The Canadian government’s Corporate Health Promotion Plan ROI was $1.95-$3.75 per employee per dollar spent (as reported by Dr. Roy Shephard),
• Municipal staff members in Toronto, missed 3.35 fewer days in the first six months of their Corporate Health Promotion Plan than staff members not enrolled in the program,
• British Columbia Hydro staff members enrolled in a Corporate Health Promotion Plan had a turnover rate of just 3.5% compared with a Corporation average of 10.3 percent,
• Johnson & Johnson estimated an average saving of U.S. $224.66 per employee per year for the four years examined after the program introduction, with the bulk of the savings being in the third and fourth years,
• Pacific Bell reported that overall absenteeism decreased after implementing a Corporate Wellness Program,
• Coca Cola report saving $500 every year per employee after implementing a Corporate Wellness Program, with only 60% of their staff members taking part,
• Coors Brewing Co. reported that for each dollar spent on their Corporate Health Promotion Plan they saw a $5.50 return, and the staff members who participated decreased their absentee rate by 18 percent, and
• Prudential Insurance Company reported that the benefits costs for staff members taking part in their program were $312, as opposed to $574 for non-members