What is the cost-benefit analysis of wellbeing initiatives?
Cost-benefit analysis of wellbeing initiatives evaluates the financial and social returns of programs aimed at improving employee wellbeing.
Can you give me examples of such initiatives?
Sure! Examples include mental health days, wellness programs, and flexible working arrangements.
How do you measure the benefits of these initiatives?
Benefits can be measured through employee satisfaction surveys, productivity metrics, and reduced absenteeism.
What are some common costs associated with implementing these initiatives?
Common costs include program development, training, and potential temporary productivity loss during implementation.
Is there any research supporting the effectiveness of these initiatives?
Yes, numerous studies show that wellbeing initiatives can lead to higher employee engagement and lower turnover rates.
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