ROI Metric:
productivity
Calculation
revenue per employee
Productivity boost
productivity returns
revenue per employee: Average revenue generated from an employee.
Productivity boost: The minimum productivity boost of an employee enrolled to a Chefshealth program.
Explanation and sources
Revenue per employee
The revenue per employee follows the standard industry known formula below:
The two variables are a required input in the our ROI Calculator.
Usually the employees chosen by their organization to enroll in our program have higher than the average revenue, hence the actual results of the productivity returns tends to be higher than the projection results of the calculator.
Productivity boost
We use a 6% productivity boost estimate for employees enrolled in our program. This figure comes from a study conducted by The University of California, Riverside: "The Impact of Corporate Wellness Programs on Employee Productivity". The study notes:
"Sick employees whose health improved showed a 10% productivity increase. Strikingly, already healthy employees who improved their health showed an 11% productivity gain. Survey and blood results indicate that these health improvements stemmed from physical activity increases, attention to diet, and other lifestyle changes. In addition, employees with no health problems and no health improvement showed a 6% productivity increase following the program's introduction."
For most employees enrolled in our program, BMI tends to be on the higher end (less healthy). Therefore, the 6% is a conservative estimate, and actual gains are often closer to double.
Want us to calculate productivity returns for your team?
Book a demo and we'll show you the potential ROI of boosting productivity in your organization.