Project
ROI Report
Your Annual Savings
Your Annual Costs
Your ROI
Your ROI
Company Data
Location
Currency
Participating employees
Average annual salary
Annual working days
Annual sick leave days
Workforce health rating
Annual staff turnover
Studio space
Annual rental rate
Your Annual Savings
1. Healthcare Cost (Workers Compensation) Savings
Calculation
No. of participating employees
x
Average annual gross salary
x
1.6% [1]
x
30% [2]
Summary
2. Absenteeism Reduction
Calculation
No. of
participating
employees
x
Average
annual
gross salary
x
Annual
working
days
x
Average
annual
sick leave days
x
52%[3]
x
25% [4]
Summary
3. Productivity Increase
Calculation
No. of participating employees
x
Average annual gross salary
x
10%[5]
x
1 [6]
Summary
4. Staff Turnover Reduction
Calculation
No. of participating
employees
x
Average annual
gross salary
x
Annual staff
turnover
x
1.5[7]
x
33% [8]
Summary
Your Annual Costs
Hardware + Software + Floorspace Rental
Summary
- xx participating employees.
- No onsite Fitillion studio or a Fitillion personalised group fitness studio of xx sqm.
- Supporting up to xx people per class at any given time.
- With an estimated setup cost of $xx.
- At an exchange rate of xx to US$ (local currency) to A$ at xx/xx/202x.
- Includes supply & installation of all equipment as well as customisation & white labelling of software, annual user licensing fees, and your floor space rental for the xx sqm studio space.
- Amortised annually over a 3-year licensing period.
Your ROI
Net Return/Total Costs
Return on every $1 spend
Your Annual Net Return
Your Total Net Return
Your Annual
Savings
-
Your Annual
Costs
Your Total
Savings
-
Your Total
Costs
Summary
Next Steps
We hope this report provides valuable insights into some of the benefits of a Fitillion Employee Wellness Program. Please reach out if you have any questions, so we can discuss how best to support your goals.
References
1.
Healthcare cost (worker’s compensation) is on average 1.6% of an average annual salary.
(Based on iCare report)
2.
Companies with comprehensive wellness programs achieve a 30% reduction in workers compensation.
(Based on a study by HERO)
3.
52% of workers are genuinely sick when taking sick leave.
(Based on Tsheet survey)
4.
Companies with comprehensive wellness programs achieve a 25% reduction in absenteeism.
(Based on Tsheet survey)
5.
Sick and unhealthy individuals who improve their health through better diet and more exercise, achieve a productivity increase of approx. 10%.
(Based on the University of California research)
6.
Productivity rating based on your workforce health overall rating:
6.
Extremely unhealthy:
1
6.
Above average:
0.7
6.
Average:
0.5
6.
Below average:
0.3
6.
Extremely healthy
0.1
7.
The cost of replacing a mid-level employee is up to 1.5 times of their annual salary.
(Based on a study of The Australian HR institute)
8.
An effective employee wellness program reduces staff turnover by 33%.
(Based on a study by the Institute for Health and Productivity Studies)
Disclaimer
The estimated costs, savings, returns and ROI for this Fitillion Employee Wellness Program are based on industry standards, historical data, and hypothetical scenarios. While the program is designed to improve employee health, productivity, and overall well-being, and may result in cost savings and other financial benefits, individual results may vary.
Factors such as employee participation, company culture, and external economic conditions can significantly impact the effectiveness of the program and the realisation of projected ROI. As such, we do not guarantee specific financial returns or outcomes.
This disclaimer is provided to ensure a realistic understanding of the potential benefits and limitations of this Fitillion Employee Wellness Program. We recommend regular program evaluation and adjustment based on measurable outcomes to optimise the value of the program for your organisation.
