Why You Should Care About Wellness Programs
View the INFOGRAPHIC
Health care costs have been steadily rising for the past four decades and present a major challenge in benefits administration. As a result, executing strategies to contain escalating health care costs has become a business imperative for today’s companies. Employers have taken a number of steps — downsizing, moving to less expensive plan options, and shifting costs to employees — in an attempt to contain rising health care costs. But according to HR/benefits decision makers, these strategies can have a negative impact on employee morale and job satisfaction.
More employers appear to be adopting employee health and wellness programs as a way to promote employee health and rein in health care costs. Will implementing employee health and wellness programs help employers control health care costs without the negative side effects? ADP surveyed over 500 large (1,000+ employees) and midsized (500-999) companies to find out.
*A complete list of sources and citations can be found in the full report.
About This Report: Report data and conclusions are based on a recent HR/Benefits Pulse Survey conducted by the ADP Research Institute, a specialized group within ADP that provides insights for leaders in both the private and public sectors around issues of human capital management, employment trends and workforce strategy. See full report for details on research methodology.