Research Article
The Productivity Dilemma in Workplace Health Promotion
Table 2
The effects of changing basic assumptions.
(a) |
| Assumptions | | |
| | Duration | 5 years | | Inflation rate | 0% | | Discount rate per annum | 4% | | Thin tailed health uncertainty | | | Time preference | None | | Risk aversion | N/A |
| Benefits | | Cost |
| | Decreased absenteeism | 75 EDU | | Decreased hospitalization/workers compensation | 75 EDU |
| Costs | | |
| | Programmatics | 50 EDU | | Staffing | 50 EDU |
| Negative value | | |
| | QWL activity | 25 EDU | | Increased OPC | 25 EDU | | Workforce participation | 25 EDU |
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EDU: equivalent dollar units.
|
(b) |
| Outcomes | | |
| | BCR | 0.70 | | BCR (no discount) | 0.83 | | No negative value (adjusted) | 1.50 | | OPC as a positive value | 1.75 |
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BCR: benefit cost ratio.
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