Wellness Program Benefits
Professionally designed programs bring considerable savings.
Scores of wellness programs have documented substantial economic benefits for their organizations and their shareholders. At Johnson & Johnson, for example, company leaders estimate that wellness programs have cumulatively saved $250 million over the past decade, and that the return was $2.71 for every dollar spent. Other researchers, including the Harvard Business School, have found similar ROI figures.
What would savings of $25 million a year mean for your organization? If you’re an investor-owned company, with a price-earnings multiple of 20, that’s $500 million added to your shareholders’ value. So what can eMindful do for you?
Based on proven incentive programs and research on workplace health and wellness, a well designed Wellness Program can help you:
- Reduce corporate healthcare costs by 20-25%
- Decrease short-term sick leave by as much as 32%
- Save between $3 and $6 for every $1 invested
- Reduce worker’s compensation and disability claims by as much as 30%
- Enhance recruitment and retention across your organization
These benefits are achieved through utilizing incentives to improve employee health and lifestyle choices including:
- Identifying illnesses earlier through preventative exams
- Ensuring compliance with established medical guidelines
- Motivating employees to follow appropriate medical recommendations
- Reducing emergency room visits
- Encouraging age- and gender-appropriate exams
- Rewarding healthy activities or events
- Rewarding participation in disease management programs
- Supporting health education for corporate initiatives