ROI = Return on Investment!
Corporate Wellness programs are a great way to motivate teams and empower individuals but do they offer a return on investment? There are many Canadian and US corporations that offer various employee programs and have monitored their success. Here are a few stats found in The Second Tri-Annual Buffet Taylor National Wellness Survey conducted in 2000 and found on the Fitness Council of Canada?s website:
? Canada Life in Toronto showed a return on investment of $3.40 on each corporate dollar invested on reduced turnover, productivity gains and decreased medical claims.
? Dr. Roy Shephard found corporate wellness programs returned a cumulative economic benefit of $500 ? $700 per worker per year.
? Municipal employees in Toronto missed 3.35 fewer days in the first six months of their ?Metro Fit? fitness programs than employees not enrolled in the program.
? BC Hydro employees enrolled in a work-sponsored fitness program had a turnover rate of 3.5% compared with the company average of 10.3%.
? The Canadian Life Assurance Company found that the turnover rate for fitness program participants was 32.4% lower than the average over a seven-year period.
? Toronto Life Assurance found that employee turnover for those enrolled in the company?s fitness program was 1.5% versus 15% for non-participants.
Success??I would imagine that each of the companies who have tracked improvements in the workplace and been able to increase employee engagement would agree that a Corporate Wellness Program is a sound investment in both time and money. We can work with your team to develop a customized program that will improve your
wellness footprint and encourage individual participation.
Lets start with a fun and interactive one hour workshop ?How Fit Are You?? Visit us today and lets get started?www.phaze2wellness.com
Written by: Trish Tonaj of Phaze2inc.