You’ve been told again and again that your company needs an employee wellness program. You want to provide services that will actually be useful to employees but aren’t sure where to start. What would best meet your employees’ needs? And how do you know if the program is working?
Measuring the success of your employee wellness program is a vital element of making sure you’re getting the best bang for your buck. But what to measure might not be so obvious.
That’s why, on September 16th at 11:00 AM EST, Fabulous is hosting a panel discussion on how to measure the success of your employee wellness programs. And you’re invited!
The upcoming panel will take a deep dive into what makes a successful wellness program and how you can keep track of what’s going well and what needs to change.
In the meantime, here are some quick tips on how to measure the ROI of your employee wellness program:
Determine Your Objectives
Take a moment to visualize what your perfect workplace looks like. Figure out what you actually want your wellness program to achieve. Avoid being abstract; instead of “improve employee well-being,” try to define something you can measure, like the number of sick days employees need.
Establish Your Benchmarks
Once you figure out where you want to go, the next step is to figure out where you currently are. There’s no sense in measuring results if you don’t know your starting point!
But what should you look at? Here are some suggestions:
- Employee satisfaction
- Retention rates
- Productivity and performance
- Employee healthcare costs
Consider Your Current Supports
Does your workplace already have support systems in order? Now is the time to evaluate them and see if they’re still useful. Take a good, hard look at these supports and don’t be afraid to discontinue anything that does more harm than good. After all, what’s the point of spending money on a wellness program that doesn’t work?
Track Your Changes
Once your program is implemented, be sure to check in with employees regularly. See who is participating and who isn’t. Are the participants satisfied? What is management’s involvement? And how much is the program costing the company?
Adjust As Needed
You probably won’t get everything right the first time and that’s completely okay. There is a certain level of trial and error involved in making sure you’re doing what’s best for your organization. That’s why measuring outcomes is so important. Having concrete data will show you what’s working and what isn’t so you can make adjustments as you go.
Sign Up For Fabulous’s Panel Discussion
Employee wellness programs have been receiving mixed reviews online. But data doesn’t lie; well-implemented employee support improves performance and fosters a more positive company culture. Employees who are well-cared-for produce more high-quality work, call off less, and stick around for longer.
But the key phrase there is “well-implemented.” You can’t just offer a once-a-month yoga class and call it a day. Low-effort fixes like that are misguided at best but can even feel insincere or insulting to employees who could truly benefit from more support.
So, sign up for the Fabulous panel discussion “How To Measure Your Employee Wellness Program’s Success” to learn more about how you can best support your employees.
