A lot of articles talk broadly about the overall benefits of corporate wellness programs for businesses, how they can save companies money while leading to higher employee productivity, job satisfaction, and morale. This article will only focus on specific statistics of corporate wellness programs, demonstrating thoroughly in dollars, cents, and percentages the great value corporate wellness programs bring to the companies that use them.
First, a comprehensive review of more than 100 peer-reviewed studies of companies with health & wellness programs over the past three decades showed an average annual savings in healthcare costs of $358 per employee. Moreover, companies in these studies saw, on average, $294 in annual savings per employee due to decreased absenteeism. Thats an annual savings of over $650 for companies enrolled in
corporate wellness consulting and implementation and found that the return on investment on reducing healthcare costs was $3.27 for every dollar spent by the company and $2.73 for every dollar spent on reducing absenteeism.
Another source also looked at studies of more than 50 comprehensive health & wellness programs and found that every study showed positive health outcomes for employees and an over 96 percent cost-effectiveness rate. Moreover, some wellness programs in the studies showed returns on investment of $5.00 or more for every dollar spent.
Some specific examples demonstrate just how dramatic savings associated with corporate
