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Return on Investment of a Work–Family Intervention
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9 2015
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Source: J Occup Environ Med. 57(9):943-951
Details:
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Alternative Title:J Occup Environ Med
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Personal Author:
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Description:Objective:
To estimate the return on investment (ROI) of a workplace initiative to reduce work–family conflict in a group-randomized 18-month field experiment in an information technology firm in the United States.
Methods:
Intervention resources were micro-costed; benefits included medical costs, productivity (presenteeism), and turnover. Regression models were used to estimate the ROI, and cluster-robust bootstrap was used to calculate its confidence interval.
Results:
For each participant, model-adjusted costs of the intervention were $690 and company savings were $1850 (2011 prices). The ROI was 1.68 (95% confidence interval, −8.85 to 9.47) and was robust in sensitivity analyses.
Conclusion:
The positive ROI indicates that employers’ investment in an intervention to reduce work–family conflict can enhance their business. Although this was the first study to present a confidence interval for the ROI, results are comparable with the literature.
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Source:
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Pubmed ID:26340282
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Pubmed Central ID:PMC8919475
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Funding:
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Volume:57
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Issue:9
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