Here's how HR leaders can actually get a wellness program approved by their CFO | Fortune
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Here's how HR leaders can actually get a wellness program approved by their CFO | Fortune
""The piece that has to come along with it is: Bring me the business case," says Judd."
""It has to have something that you can pull it all the way through to actual execution and then have checkpoints to make sure it's actually delivering value," he says."
""If a wellness benefit is working, it should help the company stand out in a competitive job market.""
CFOs prioritize a business case for wellness programs, emphasizing costs, tradeoffs, and measurable returns. HR leaders should identify ineffective initiatives and suggest cuts. Programs must demonstrate potential to improve health, reduce absenteeism, and enhance productivity. Employee adoption is crucial for approval. BambooHR's 'Paid Paid Vacation' program exemplifies a successful initiative, providing a stipend for vacation expenses, which has shown positive returns and improved employee productivity. Effective wellness benefits should lead to tangible outcomes and employee satisfaction.
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