Monthly Draw= $1200 per year ($100 gift card awarded each month)
150 health points = $2400 per year ($10 gift card per person, 20 employees)
300 health points = $3600 per year ($15 gift card per person, 20 employees)
Overall investment of the wellness initiative = $7,200
In 2012, businesses with fewer than 20 employees had the lowest rate of absenteeism (7.5 days per employee) (Shenker, 2013). Due to COVID the rate of absenteeism has increased over the last two years. With the implementation of this wellness initiative, absenteeism rates will decreased and the company will be saving around $6260 annually (Folger & Stapleton, 2021).
ROI= 13%
150 health points = $2400 per year ($10 gift card per person, 20 employees)
300 health points = $3600 per year ($15 gift card per person, 20 employees)
Overall investment of the wellness initiative = $7,200
In 2012, businesses with fewer than 20 employees had the lowest rate of absenteeism (7.5 days per employee) (Shenker, 2013). Due to COVID the rate of absenteeism has increased over the last two years. With the implementation of this wellness initiative, absenteeism rates will decreased and the company will be saving around $6260 annually (Folger & Stapleton, 2021).
ROI= 13%