Workplace Health Promotion Plan ROI: Fact or Fiction?
Employee Wellness Programs … do they provide a strong return on investment? This is a question that we are sure goes through ever organization’s mind. HR Magazine addresses the Workplace Health Promotion Plan ROI topic in their June 2008 issue.
Workplace Health Promotion Plan ROI: The Bottom Line
According to the article, titled “Finding Wellness’ Return on Investment,” determining Workplace Health Promotion Plan ROI is not an easy thing to do for corporations because it involves a lot of different variables and time.
However, the companies that have taken the time to determine the Workplace Health Promotion Plan ROI of their Employee Wellness Programs have found that it is quite significant. Not to mention, the Wellness program’s effect on the improvement of staff member health and the slowing of the rate of their staff member health care expenses.
Workplace Health Promotion Plan ROI Alliance
Workplace Health Promotion Plan ROI is such an important part of today’s corporate 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 BMW of North America, Henry Ford Health System, Kraft Foods Global, MasterCard Worldwide and Schlumberger Limited, strongly believes in showing the value of Employee Wellness Programs and want to develop a standard for how Employee Wellness Programs are measured.
Employee Wellness Programs Components
According the alliance, the following components should make up an corporate-offered staff member Employee Wellness Program:
Employee assistance Program (EAP)
Disease Management Programs
Fitness and physical activity Programs
Health Risk Assessments
Worksite health care Programs
Personal wellness profiles
Preventive Health Screening and Biometric Testings and immunizations
Smoking-cessation Programs
Telephonic Employee Wellness Programs
Weight Management / Loss Programs
Self-Care Programs.