In recent years, employee wellness programmes have become common place in many organisations. As the amount of wellness programmes grow, a number of questions are raised: are they effective? Is it worth the investment? How do organisations measure the outcomes?
Below we look at some of the key ways to to demonstrate the effectiveness of a wellness program:
1: Reduction of absenteeism
All companies have to deal with absenteeism (individuals being absent from work); but investing in a wellness program can actually help reduce this. Did you know that 95% of employees calling in with a mental health concern such as stress will actually give a different reason? This means the problem could be far bigger than you realise and is worthwhile beginning to track if you don’t already. Using your HR system can be a way to get hold of this data.
2: More positive employees
Mental health programs are intrinsically linked with a more positive outlook. People who have good mental health are shown to have greater signs of contentment, confidence and self-esteem. Promoting a mental health program in the workplace can help achieve this. If you can capture the outcomes above through tools such as surveys, you could certainly demonstrate the effect of the program.
3: Engaged teams
Employee engagement is pivotal when it comes to creating a healthy workplace. In the average company, only 13% of employees are actually comfortable talking about mental health. If a way of talking openly about mental health can be achieved, this can help engagement overall. You can often measure this through employee engagement platforms.
4: Employee recruitment & retainment
When you have engaged and happy employees, they are likely to tell others about this. They are more likely to say that their company has a great working environment, which will inevitably attract other potential employees. In fact, 87% of employees state that health and wellness is a major factor when choosing a company / employer. Capturing data during recruitment processes, and during employee exit interviews is a great way of getting hold of this data.
5: Improvement in company culture
Evidence shows that employees think wellness measures improve company culture. In fact, 89% of workers report that mental health concerns directly affect their working life. Again, the use of employee engagement tools can be a great way of capturing this data.
6: Increase in profit
Wellness programmes help to improve employees’ productivity and engagement, which is directly linked to the profitability of the company. In fact, teams that are highly engaged show 21% greater profitability.
Conclusion
These stats show how wellness programmes can make a positive difference to an organisation. But do you know how effective the wellness programmes in your business are?
If you would like to start investigating ways of calculating ROI, then you can download our free mental health and wellness ROI calculator here:
References:
https://www.rand.org/content/dam/rand/pubs/research_briefs/RB9700/RB9744/RAND_RB9744.pdf
https://www.sfmic.com/10-workplace-wellness-programs-statistics/
https://www.helpguide.org/articles/mental-health/building-better-mental-health.htm
https://www.gallup.com/workplace/236366/right-culture-not-employee-satisfaction.aspx
https://www.mypossibleself.com/blog/mental-health-workplace-uk-crisis-eight-statistics/
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