Budgeting for Employee Wellness

by | May 17, 2022

budgeting for employee wellness

Did you know that in 2021 the average budget for employee wellness programs was 6 million dollars for large companies? Adding to that, the average worker cost about $238 for employee wellness programs according to Shortlister.  Why is it important for companies to prioritize and budget for employee wellness? Your employees will be happier, healthier, and have incentive to be a part of a community in the workplace. Having a wellness plan will make your employees feel appreciated. When it comes to budgeting, employee wellness programs should be close to the top of your list of priorities.

How to Budget Wellness 

First, take a look at your employee dynamic. Take a look at what they would want to have incorporated into their wellness program. What kind of wellness program would benefit your team more? Is it an app like BetterYou where they can focus on all pillars of health and compete in individual challenges? Does your company need something done as a group effort? Once you decide what you need, you can then make adjustments within your budget to include what is best for your employees! 

Do What’s Best For Your Team

Mental health is often pushed aside while we develop our professional lives. Then, when an employee needs help after putting it off for so long, the company has no resources to help them. Having mental health days, hiking outdoors with employees, having wellness programs, and just listening to what the workers want will overall change the dynamic of your company. Budgeting wellness will also improve employee satisfaction and retention. Take a look at having BetterYou and you’re likely to save $60-$80 per member per month on wellness. Visit http://betteryou.ai/contact today to learn more.

Interested in learning more about how we can help your employee population improve their steps and sleep while reducing burnout?

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