A study by Summex Corporation estimated the annual direct and indirect health-care costs for an average employee — including health benefits, health insurance, and sick days — at a staggering, 985 (US). With each passing year, these health-care costs rise even higher. Smart employers understand that investing in wellness not only demonstrates their concern for employee health, but also bolsters their bottom line.
Wellness Factors’ Wellness Tracker compares employer spending on employee wellness programs with return on investment. Wellness Factors’ senior analysts work together with key people in your organization to identify problem areas and develop and install measuring tools for tracking and collecting data on attrition, physical illness, absenteeism, mental illness, disability, family health, workplace stress, addiction, ergonomic health, benefits program costs, EAP/EAFP costs, sleep disorders, and presenteeism. Based on this information, Wellness Factors will produce an annual corporate health report card that analyzes the effectiveness of wellness initiatives such as employee health programs and measures their return on investment.