May 18 2015

How Do You Measure Health’s Effect on Productivity?

We’ve spoken before of the improved productivity of healthy workers (as compared to their less healthy peers). But unlike the direct cost savings of preventing injuries and decreasing worker’s compensation claims, this topic can be a little more difficult to measure.


So here are a few quick stats for you, direct from the CDC:

·         Indirect costs of poor health including absenteeism, disability, or reduced work output may be several times higher than direct medical costs.

·         Productivity losses related to personal and family health problems cost U.S. employers $1,685 per employee per year, or $225.8 billion annually.

·         Obesity and related chronic diseases cost employers up to $93 billion per year in health insurance claims.

·         The cost of obesity, including medical expenditures and absenteeism, for a company with 1,000 employees is estimated to be $277,000 per year.



 

Remember, this is just the cost of decreased productivity. Investing in your most important capital, your employees, has more return-on-employee benefits: a culture of accountability and improved morale, self-awareness, employee loyalty, decreased employee turnover, and more.

For help balancing the intangible with the cold-hard cash, This email address is being protected from spambots. You need JavaScript enabled to view it.for a consultation on customized wellness programs for companies of all sizes.


Katie Buehrle

Certified Athletic Trainer