May 18 2015

Getting Your Money's Worth From Your Wellness Program

When choosing a vendor for your company’s wellness needs, it can be overwhelming to determine who is going to provide the most bang for your buck (aka return on investment) as well as provide the personality that will work with your organizational culture. Here are some of the services you should be considering. 

Wellness Offerings

Within our own parent company, TRS|Wellness was able to not only engage our employees in a fun, meaningful way to impart lasting lifestyle change, but we were also able to avoid health insurance premiumrate increases in 2014 and 2015 (we started our health initiative August of 2013).

On-Site Illness and Injury Prevention

The return on investment for a wellness program that includes the services of physical therapists, athletic trainers, and trained ergonomists can be even greater.

For instance, in a survey of companies that utilize certified athletic trainers, published by the National Athletic Trainers’ Association, showed that:

·         100% of companies experienced a positive return on investment (ROI).

·         94% of companies indicate the severity of injuries has decreased by at least 25%.

·         50% of companies report that the number of injuries has decreased by at least 50 percent.

·         Almost half of the companies that utilize certified athletic trainers to provide on-site physical rehab indicate that health care costs have decreased by more than 50%.

Preventative Job Screenings

If your company elects to perform post-offer, pre-employment testing, you can expect to reduce worker’s compensation claims and protect your employees from injury. In one study of nurses in the journal Work, the employment pool that was tested experienced 5 injuries totaling $1,778.

The non-tested group had 54 injuries totaling $26,208. For this study, the ROI of the program was $4,541,059.

Can your company afford to let these types of preventable injuries eat away at your employee morale and your profits?


 
Sandy Greeson

Ergonomic Assessment Specialist, Essential Functions Evaluator, & Certifed Clinical Instructor