Companies can measure the impact of their wellbeing investments by using a combination of quantitative and qualitative methods. Some common methods include:

1. Employee Surveys: Surveys can be used to gather information from employees about their health and wellbeing, as well as their perception of the impact of the company’s wellbeing initiatives. Surveys can include questions about physical and mental health, stress levels, job satisfaction, and engagement.
2. Health Metrics: Companies can track health metrics such as absenteeism, presenteeism, health care costs, and productivity levels to assess the impact of their wellbeing initiatives on employee health and productivity.
3. Employee Feedback: Companies can gather feedback from employees through focus groups, open forums, or suggestion boxes to gain a deeper understanding of the impact of their wellbeing initiatives on employee morale and satisfaction.
4. Program Evaluation: Companies can evaluate the impact of their wellbeing initiatives by tracking participation rates, program satisfaction, and the impact on overall employee health and wellbeing. This can be done through pre- and post-program surveys, focus groups, or other evaluation methods.
5. Data Analytics: Companies can use data analytics to analyse the impact of their wellbeing initiatives on key metrics such as absenteeism, presenteeism, health care costs, and productivity levels. This can help identify areas where investments are having the greatest impact and where improvements can be made.
6. Wellbeing champions and MHFA’s: The progress of any wellbeing initiative and its relevance to the employees can be identified more precisely, if the companies use the WB champs or MHFA’s to collect data by individually talking to them to identify what works and what did not and the reasons behind it. This insight will definitely help organisations make informed decisions about the impact of their wellbeing investments more confidently.

It’s important to note that the methods used to measure the impact of wellbeing investments will depend on the specific initiatives and the goals of the organization. A combination of different methods is often used to provide a comprehensive understanding of the impact of wellbeing investments. Regularly measuring and evaluating the impact of wellbeing initiatives can help companies refine and improve their programs to better meet the needs of their employees.