Companies that have wellness programs see significant increases in employee retention rates,
upwards of 10%. ``Employees who participate in wellness programs do not leave.``
—Vicki Banks, Director of Benefits and Compensation for Biltmore Tourism Enterprise
Absenteeism rates drop dramatically when companies implement health and wellness programs.
Some studies report up to a 27% decrease in employee absenteeism a year after the
implementation of corporate wellness programming.
DECREASE MEDICAL COSTS
The Harvard Business Review reports that employees save $6 for every
$1 spent on wellness programs. Companies that have these programs see
an average decrease of $1,421 in medical costs per employee.
FUND YOUR PROGRAM
There are many federal and state grants and tax incentives for companies to implement
wellness programs. The Workforce Wellness Grant allots $200 million over 5 years in
grants for small businesses and every year more incentives are being offered.