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Employers register positive ROI for wellness programs

Companies that encourage well-being through incentive programs and employee rewards may see further benefits for operations.

Companies that encourage well-being through incentive programs and employee rewards may see further benefits for operations.

According to recent research from the International Foundation of Employee Benefit Plans (IFEBP), employers that measure the performance of employee wellness and value-based healthcare programs are experiencing a return on investment of $3 for every $1 spent.

The study found that 84 percent of businesses who track the ROI of their well-being programs are achieving healthcare savings. However, the research cautioned that these savings will not be immediate, as they can take three to five years to produce results.

"Employers are beginning to understand the direct connection that wellness initiatives can have on both employee health and healthcare plan cost savings," said Michael Wilson, IFEBP CEO. "While the primary goal is reducing health costs, we're also seeing other advantages … such as higher employee morale, increased productivity and reduced disability."

Companies employing wellness programs are doing so in divergent manners, from offering gym passes to employee rewards and group sports.

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