Employers have realized the importance of workplace wellness and how critical it is for employee engagement, productivity, and business growth.
Many studies have proven the multiple benefits of workplace wellness programs, and the most common ones are –
- Boost Employee Engagement
- Workplace Productivity
- Reduced Healthcare Costs
- Better Workplace Culture
- Higher Employee Retention
- Easy Recruitment
- Reduces Absenteeism Rates
All these benefits can be achieved only when workplace wellness programs are designed well to suit the specific employee health and wellbeing requirements. And the first step to planning the suitable modules of the wellness programs at work is to know how healthy your workforce is.
Employee wellness has now become the new metric to assess workplace productivity and other factors reflecting business growth.
So, how to improve your corporate wellness programs using the right metrics?
Using the right metrics can help understand the overall progress of corporate wellness programs. The right metrics can also help in assessing the success and measure the ROI, VOI, and impact of the wellness programs.
Here is how metrics can be used to hone your employee wellness programs.
1, Identify and Understand the Best-Suited Metrics for Your Wellbeing Programs
The first step is to identify and understand the best-suited metrics that can help in evaluating the employee wellness program accurately. Ideally, most metrics are broadly classified as Leading indicators and Lagging indicators.
While one is easily measurable but hard to achieve, the other is hard to measure.
Also, measuring some random metrics will not give an insight into the overall health and wellbeing of the individual. For example, measuring BMI can tell if the person is overweight, underweight, obese, or normal weight, but it cannot tell more about the overall health and wellbeing.
Furthermore, health concerns like mental stress cannot be measured by numbers or metrics. It takes a lot of assessments, screenings, and indirect measurements to know the red flags and address them.
Various holistic health dimensions contribute to the overall wellbeing of an individual, and each dimension is influenced by many different parameters. Identifying these parameters and the right metrics to understand them is vital to measuring overall health and wellbeing.
2. Implement a Metric-Tracking System
Once you know which metrics to measure, it becomes easier to implement the right tracking system to measure employee wellness. A vital step here is to measure the workforce’s progress through employee wellness programs.
- How many sick days are they taking currently, compared to previously?
- Has there been a change in the healthcare costs claims?
- Are they reporting relatively less stress?
Thanks to modern corporate wellness technology, most workplace programs now come with robust employee wellness platforms, like Wellness360, that make tracking easier. Such wellness platforms are equipped with the latest wellness software that supports taking health assessments, coaching programs, activity enrollment, activity tracking, reporting, and more. It allows keeping track of the entire population data and their progress, making it easier to measure the right metrics for employee wellness.
3. Use the Insights to Improve Your Wellness Program at Work
So after identifying the right metrics and implementing a robust tracking system to measure employee wellness, the next crucial step is to address the unveiled concerns. Identify the loopholes, issues, and workforce concerns from the insights and by seeking employee feedback. If the current program modules are not working out for a certain population group in achieving their health and wellbeing goals, make changes to provide access to resources or other activities that might help them with it.
Over time, these changes will reflect the workplace wellness programs and their impact on employee health and wellbeing, making them more healthy and productive.