Clark Lagemann shares insights on how New Jersey employers can cut costs and boost retention with strategic wellness programs.
With healthcare premiums up nearly 7% in 2024 and turnover straining budgets, NJBIZ tapped Avidon CEO Clark Lagemann to explore how forward-thinking employers are turning to wellness as a business imperative, not a perk.
In the article, Lagemann challenges outdated assumptions and reveals how small and mid-sized businesses can make a big impact without blowing the budget.
Key Highlights from the Feature:
Wellness isn’t fluff; it’s fiscal strategy: Effective programs have cut health care costs by up to 25%, according to Harvard Business Review.
Small businesses can start for less: Entry-level programs can cost as little as $36 per employee per year, especially with resources like Avidon’s Zero-Cost Wellness Toolkit.
VOI over ROI: Employers are learning to measure Value on Investment, like morale, retention, and engagement—not just medical claims.
Practical strategies making an impact:
Weekly pause breaks
Anonymous employee check-ins
Team wellness goals aligned with company OKRs
Coaching or digital content tailored to employee life stages
“You’re going to invest in employee health one way or another,” says Lagemann. “The choice is whether to do it proactively, through prevention and culture, or reactively, through rising costs and burnout.”
📖 Read the full article in NJBIZ
