For well over a decade, research studies have been showing the effectiveness of Corporate Health Promotion Programs. For every dollar spent on Corporate Health Promotion Programs, the returns have been cost savings of between $2.30 and $10.10 in the areas of decreased rates of absence, fewer sick days, decreased WSIB/WCB claims, lowered health and insurance costs, and improvements to staff member performance and productivity.
Statistics do show that Corporate Health Promotion Initiatives increase staff member morale, improve the ability to attract and retain key employees, all while having more alert and productive workers. Some Company Health and Wellness Program ROI statistics of note:
• Canada Life Insurance reported a return of $3.43 on Corporate Health Promotion Program, and an overall Company Health and Wellness Program ROI of $6.85 on each business dollar invested on decreased turnover (32.4% lower), productivity gains and decreased medical claims,
• DuPont’s Company Health and Wellness Program pilot sites saw a saving of 11,726 disability days and a return of U.S. $2.05 for every dollar invested by the end of the second year,
• The Canadian government’s Company Health and Wellness Program ROI was $1.95-$3.75 per staff member per dollar spent (as reported by Dr. Roy Shephard),
• Municipal workers in Toronto, missed 3.35 fewer days in the first six months of their Company Health and Wellness Program than workers not enrolled in the program,
• British Columbia Hydro workers enrolled in a Company Health and Wellness Program had a turnover rate of just 3.5% compared with a Corporation average of 10.3%,
• Johnson & Johnson estimated an average saving of U.S. $224.66 per staff member 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 rates of absence decreased after implementing a Corporate Health Promotion Program,
• Coca Cola report saving $500 every year per staff member after implementing a Corporate Health Promotion Program, with only 60% of their workers participating,
• Coors Brewing Co. reported that for every dollar spent on their Company Health and Wellness Program they saw a $5.50 return, and the workers who participated decreased their absentee rate by 18%, and
• Prudential Insurance Company reported that the benefits costs for workers participating in their program were $312, as opposed to $574 for non-participants
Leave a Reply