Linking workplace health promotion best practices and organizational financial performance: Tracking market performance of companies with highest scores on the HERO Scorecard

Jessica Grossmeier, Ray Fabius, Jennifer P. Flynn, Steven P. Noeldner, Dan Fabius, Ron Z. Goetzel, David R. Anderson

Research output: Contribution to journalArticlepeer-review

Abstract

Objective: The aim of the study was to evaluate the stock performance of publicly traded companies that received high scores on the HERO Employee Health Management Best Practices Scorecard in Collaboration with Mercer based on their implementation of evidence-based workplace health promotion practices. Methods: A portfolio of companies that received high scores in a corporate health and wellness self-Assessment was simulated based on past market performance and compared with past performance of companies represented on the Standard and Poor's (S&P) 500 Index. Results: Stock values for a portfolio of companies that received high scores in a corporate health and wellness self-Assessment appreciated by 235% compared with the S&P 500 Index appreciation of 159% over a 6-year simulation period. Conclusions: Robust investment in workforce health and well-being appears to be one of multiple practices pursued by highperforming, well-managed companies.

Original languageEnglish (US)
Pages (from-to)16-23
Number of pages8
JournalJournal of occupational and environmental medicine
Volume58
Issue number1
DOIs
StatePublished - Jan 1 2016

ASJC Scopus subject areas

  • Public Health, Environmental and Occupational Health

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