Nassau Financial Group in Hartford has invested heavily in employee wellness, spending over $150,000 annually on fitness programs, sports facilities and athletic event sponsorships.
While the company touts benefits like a 10% attrition rate and full occupancy of its iconic “Boat Building” headquarters in downtown Hartford, recent research from Harvard, University of Chicago and University of Illinois suggests that wellness programs may not significantly impact health outcomes, medical spending or productivity.
As employers continue to invest in these amenities — with 84% of large companies now offering wellness programs — the debate over their measurable business impact intensifies.
