Boosting Business Value: Key Metrics for Measuring the ROI of Your Corporate Wellness Program

Written by Eva @ LVL


February 16, 2024

72% of workers in the UAE prioritize managing their health…

…while 64% feel it’s the responsibility of employers to promote healthier habits among their employees, according to the Global Benefits Attitudes Survey by Willis Towers Watson.

Corporate wellness programs have drastically shifted from being seen as a “nice-to-have” perk to an integral part of many companies’ business strategies.

Thinking of investing? You might be asking, “But what are the crucial metrics that can help us assess the return of investment (ROI) from these programs?” Here, we present key parameters you should be considering.

Metric Description Potential ROI
Employee Participation Rate The proportion of employees who are actively participating in the program Higher participation rates can lead to improved overall company health culture, possibly reducing healthcare costs
Healthcare Costs A measure of the company’s overall spending on healthcare for employees Wellness programs can potentially lower healthcare costs by promoting employee health and preventive care
Employee Productivity The overall effectiveness and efficiency of an employee’s work  Wellness programs can boost employee productivity by reducing stress and improving mental and physical health
Employee Satisfaction A measure of how content employees are with the overall work environment and corporate culture Well-implemented wellness programs can increase job satisfaction, reducing turnover and improving company morale
Absenteeism Rates The rate at which employees do not attend their scheduled work due to illness or stress Reduced absenteeism rates can increase productivity and decrease costs associated with lost work hours and replacement workers

Within less than six months of launching the LVL program, FTI Consulting achieved a 50% adoption rate, and the feedback has been overwhelmingly positive.

Gabi Friedman

Learning and Development Manager, FTI Consulting

Need to get management’s buy-in?

Buy-in from upper management can present a blocker to implementing an employee wellbeing program, however, we have tips on how to overcome budget concerns and get support from important decision-makers.

Want to see how workplace wellness can help your company’s bottom line and employee engagement? Schedule a free demo with us today!

Similar Articles

Beyond Financial Incentives: Boosting Employee Engagement Effectively

by | Jun 13, 2024 | Blog | 0 Comments

Organizations often think a pay raise will fix all employees' problems. The honest truth? It will help sweeten the deal, but it isnt the only factor motivating your...

Why HR Can Feel Like the Loneliest Job in the Office

by | Jun 13, 2024 | Blog | 0 Comments

When you think about lonely job, Human Resources (HR) might not be the first profession that comes to mind. However, for many HR professionals, the reality is quite...

Mastering Setting Boundaries at Work

by | Jun 13, 2024 | Blog | 0 Comments

Setting boundaries at work is more than just a buzzword—it's a crucial skill for maintaining both your professional efficiency and personal wellbeing. It is important...

The Secrets of Financial Psychology: How Mindset Affects Money

by | Jun 13, 2024 | Blog | 0 Comments

Have you ever wondered why you make the financial decisions that you do? Whether it's splurging on a spontaneous vacation or meticulously saving for retirement, our...