For well over a decade, research has been showing the effectiveness of Employee Health Promotion Programs. For every dollar spent on Employee 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, reduced WSIB/WCB claims, lowered health and insurance costs, and improvements to worker performance and productivity.
Statistics do show that Employee Health Promotion Programs increase worker morale, improve the ability to attract and retain key staff members, all while having more alert and productive employees. Some Employee Health Promotion Program return on investment (ROI) statistics of note:
• Canada Life Insurance reported a return of $3.43 on Employee Health Promotion Program, and an overall Employee Health Promotion Program return on investment (ROI) of $6.85 on each corporate dollar invested on reduced turnover (32.4 percent lower), productivity gains and decreased medical claims,
• DuPont’s Employee Health Promotion 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 Employee Health Promotion Program return on investment (ROI) was $1.95-$3.75 per worker per dollar spent (as reported by Dr. Roy Shephard),
• Municipal employees in Toronto, missed 3.35 fewer days in the first six months of their Employee Health Promotion Program than employees not enrolled in the program,
• British Columbia Hydro employees enrolled in a Employee Health Promotion Program had a turnover rate of just 3.5 percent compared with a Organization average of 10.3 percent,
• Johnson & Johnson estimated an average saving of U.S. $224.66 per worker 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 beginning a Employee Health Promotion Program,
• Coca Cola report saving $500 every year per worker after beginning a Employee Health Promotion Program, with only 60 percent of their employees participating,
• Coors Brewing Co. reported that for each dollar spent on their Employee Health Promotion Program they saw a $5.50 return, and the employees who participated reduced their absentee rate by 18 percent, and
• Prudential Insurance Company reported that the benefits costs for employees participating in their program were $312, as opposed to $574 for non-members
Leave a Reply