What are the costs associated with implementing employee wellness programs?

What are the costs associated with implementing employee wellness programs?

The costs can vary widely depending on the program's scope, but typically range from a few hundred to several thousand dollars per employee annually.

What factors influence these costs?

Factors include the type of wellness activities offered, the number of employees participating, and whether you hire external vendors.

Are there any hidden costs I should be aware of?

Yes, hidden costs can include administrative expenses, employee time away from work, and potential costs for ongoing program evaluation.

How can I measure the ROI of a wellness program?

You can measure ROI by tracking metrics like employee productivity, healthcare costs, and employee retention rates before and after program implementation.