Friday, November 02, 2007

Moen’s ROI: $3 To $4 For Every $1 Invested In Wellness Programs

Moen’s ROI: $3 To $4 For Every $1 Invested In Wellness Programs: "For every dollar spent on wellness initiatives, Moen saves $3 to $4, the company found following a formal study in 2005 of the impact on the bottom line from such programs. The savings arise from reduced time away from work and healthcare cost savings, the company said. For example, the study found that while non-members spend about $46 for inpatient visits per $100 spent, wellness members spend less than $5. Of the 500 employees working in Moen’s North Olmsted headquarters, nearly half belong to the company’s on-site Wellness Center. Moen is a leading manufacturer of faucets in North America. The programs Moen offers are working — not only for its associates — but for the company, as well."

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