ROI vs. VOI in Workforce Wellbeing Outcomes

How to Achieve a High ROI on Your Wellness Program

However, measuring a wellness program's ROI is often challenging for business leaders, with some arguing that outcomes are impossible to ...

The Real ROI for Employee Wellness Programs - SHRM

The Rand Corp.'s analysis estimated an overall ROI of $1.50, or a return of $1.50 for every dollar that the employer invested in the entire wellness program.

ROI vs VOI - The HR Gazette

Will using VOI instead of ROI make a difference? ROI has typically meant that employers have looked to justify their investment in wellness ...

5 Ways to Measure the VOI of Corporate Wellness Programs

Although measuring Return on Investment (ROI) has been the usual evaluation metric, it can be calculated using hard numbers only. The other new ...

Beyond ROI: Understanding Value on Investment in Social-Needs ...

VOI is crucial because assessing ROI alone omits numerous outcomes that matter—including improved health. Robust social investments can improve ...

Personalizing Wellness: Better Outcomes And ROI - Forbes

Workplace wellness can boost employee wellbeing and deliver meaningful business returns. But this can only happen when programs follow ...

How to Show Value of Investment in Wellness Programs

The truth is that ROI is not designed to measure the value of wellbeing efforts. Instead, looking at the value of investment (VOI) will give a ...

How might organizations evaluate Workplace Wellness from a VOI ...

With growing concerns over the accuracy and reliability of Workplace Wellness ROI (return on investment) data, there is an emerging trend ...

Corporate Wellness Programs: How do You Measure Wellness?

Hence, the wellness trends appear to be shifting away from calculating ROI and instead focusing on evaluating the success of wellness programs based on their ...

4 Critical Business Areas Where VOI of Employee Well-Being ...

Compared with ROI, VOI is reflected in what are generally considered “softer” business outcomes and measures. They can range from reduced ...

Whiteboard Wednesday: ROI vs VOI for Employee Wellness Programs

This week's Whiteboard Wednesday session is on optimizing employee wellness rewards! Employers invest significant financial resources in the ...

Employers Turn to Another Metric for Wellness Programs

When it comes to measuring wellness program success, employers are using measures that calculate value on investment (VOI) as well as return ...

“Take care of your employees. They'll take care of your business”

... wellbeing outcomes are measurable in behaviors and ... • Estimate the company's return on investment (ROI) from the health and wellness program by comparing ...

Should Employers Give Up on Wellness ROI?

A: Value of Investment (VOI) is a calculation that includes factors such as employee morale, workplace productivity, employee absence and workplace safety, in ...

ROI Versus VOI – And The Value of Corporate Wellness

In fact, the value of investment represented by VOI includes all the knowledge and processes as well as organizational structure, which is very often more ...

ROI of Corporate Wellness Programs - Investing in a Healthier ...

Discover how investing in employee health can boost productivity, lower healthcare costs, and improve workforce morale. Introduction. Businesses are always ...

The Role of Data in Well-being - WELCOA

In general, ROI involves assessing the organization's medical claims to see if the well-being program is producing quantitative changes, and VOI evaluates ...

Events List - wwcma

ROI vs. VOI in Workforce Wellbeing Outcomes. Dr. Ron Goetzel from Johns Hopkins discussed the differences between ROI and VOI, focusing on expanded health ...

Discuss whether it would be better to use a ROI approach or VOI ...

If the financial return is the primary concern, then an ROI approach is the best choice. However, if the company values employee well-being and ...

Health Benefits Conference & Expo (HBCE)

Define return-on-investment (ROI) and value-on-investment (VOI) as they pertain to workplace wellbeing benefits. · Describe the current research outcomes on ...