Quarters

Is your company's wellness program a waste of money?

Even though Wellness programs are increasingly popular, do they make economic sense? A recent post on the Harvard Business Review Blog Network suggests the answer is usually “No.”

Why?

Put simply, gains cited to justify the cost of wellness program either can’t be directly attributed to wellness programs, would likely happen even if there were no wellness programs, or are overstated.

In a related post, the authors offer a simple solution:

“[R]e-allocate wellness dollars from “get well quick” schemes to the much more challenging, but ultimately more rewarding, task of truly creating a culture of wellness, a workplace that can attract and retain healthier, presumably more productive, people than competitors do.”

To read the entire post, click here.

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