Employee Financial Wellness Programs: Promising New Benefit for Frontline Workers?

ROI-Based Analysis of Employee Wellness Programs

Incorporating wellness into employee benefit strategies--why it makes sense.

By putting together a comprehensive wellness strategy, employers are not only "doing the right thing" but also are able to see, believe and maintain the tangible return on investment (ROI) that wellness programs are capable of delivering. This article discusses employers' ROI from wellness initiatives, as well as innovations that support a culture of wellness and what enhanced opportunities for...

Boosting workplace wellness programs with financial incentives.

OBJECTIVES Using a large natural experiment among 39 employers, we examined the effect of adding financial incentives to workplace wellness programs. STUDY DESIGN The 39 study employers used the same national insurer to administer their wellness programs, allowing us to observe preventive and health-promoting behaviors before and after financial incentives were implemented. Fifteen treatment ...

What's the hard return on employee wellness programs?

Employee wellness programs have often been viewed as a nice extra, not a strategic imperative. But the data demonstrate otherwise, according to Berry, of Texas A&M University; Mirabito, of Baylor University; and Baun, of the University of Texas MD Anderson Cancer Center. Their research shows that the ROI on comprehensive, well-run employee wellness programs is impressive, sometimes as high as s...

Financial Wellness