Business

February 24, 2014

Companies increase spending on wellness programs

Corporate employers will spend an average of $594 on employee wellness programs this year, according to a new employer survey by the National Business Group on Health and Fidelity Investments.

Corporate employers will spend an average of $594 per employee on employee wellness programs this year, according to a new employer survey by the National Business Group on Health and Fidelity Investments.

The amount is a 15 percent increase from 2013 and is more than double the amount spent five years ago, according to a news release.

The survey data was collected in November and December 2013 from a national sample of 151 companies in several industries, according to the release.

The biggest increase in spending was in companies with fewer than 5,000 employees. The survey found the number of companies offering incentives to participate in wellness programs has increased from 57 percent in 2009 to 74 percent this year.

The most common wellness programs include weight and stress management, diabetes management and gym membership discounts.

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