How can companies effectively measure the ROI of their mental health programs to demonstrate the impact on employee well-being and productivity, and justify continued investment in these initiatives?
Companies can effectively measure the ROI of their mental health programs by tracking key metrics such as employee engagement, absenteeism rates, turnover rates, and productivity levels before and after the implementation of the program. They can also conduct employee surveys to gather feedback on the impact of the program on their well-being and performance. By analyzing the data collected, companies can quantify the financial benefits of their mental health programs, such as cost savings from reduced absenteeism and turnover, and use this information to justify continued investment in these initiatives.
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