The tool, Blueprint for Health, takes a company’s unique employee demographics and quantifies an array of costs, including health expenses, work absences and lost productivity.
Employers simply fill in an online questionnarie and the tool will generate reports for them, complete with charts and graphs.
More than 700 companies have used the online calculator, according to Riedel & Associates, a health and productivity management consulting firm, which helped develop the tool in collaboration with several other companies.
Click here to use the calculator.
To comment on this story, email nancy.kuyumcu@rci.rogers.com.