Calculating the ROI for Employee Financial Wellness
Feature Points
This paper outlines a data-driven approach to calculating the return on investment (ROI) for employee financial wellness programs
Specific examples of company financial savings are provided, and the data sources for each item are all cited
Description
We know that employee financial wellness helps in many different areas: productivity, stress, health, retirement etc. But when you try to get the budget approved for this benefit, executives want to know the return on investment (ROI). As employee benefits go, this is a relatively new benefit, so how can you calculate the ROI for a program like this?
Our guide shows you how to do just that, by taking public data from various studies (with full citations), all you need to do is plug in the number of employees and the cost of the program. This guide will walk you through each calculation, and provide in-depth explanations for each element which contributes to the ROI calculation for this employee benefit
