Maximizing the Value of an Employee Wellbeing Program

Description

The COVID-19 pandemic triggered a powerful and long-lasting impact on individuals across many life arenas, including physical and mental health, family, and work. Employers today acknowledge the connection between worker health and worker morale, performance, and turnover; thus, the majority have invested in some type of a low-cost employee wellbeing program to combat these issues. While an employer’s ROI in a wellbeing program is generally good, even with very low utilization, the VOI (value of investment) of wellbeing programs is commonly not maximized due to a number of easily corrected issues. Upon completion, attendees will be able to: 1) Differentiate between a wellness program and a wellbeing program. 2) Compare and contrast “price” vs. “value” of a wellbeing program. 3) Summarize 7 practical ways to maximize the value of a wellbeing program.