Whiteboard Wednesday: The Hidden Costs Of Wellness Spreadsheets
Estimated reading time: 1 minutes
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Since last week’s Whiteboard Wednesday session on the math behind reducing blood testing was so popular, this week’s session also provides a little fun with math! Specifically, the session discusses how employers may underestimate the total cost of self-service wellness challenges by not fully considering the cost of administration and employee participation time. When the total costs of self-service programs are included in the decision-making process, employers may reconsider running wellness challenges internally and think about reallocating the freed capacity to higher value areas.
Whiteboard Wednesdays are short-form video posts from Wellable on important topics to know for employee health and wellness professionals. Please post comments on the video or suggestions for future Whiteboard Wednesday sessions below!