Retention Multiplier

/riˈten(t)-snhən ˈməltəˌplī(ə)r/ noun
  1. The turnover rate of employees who don't participate in an employee wellness program, divided by the turnover rate of employees who do.
  2. Used to measure how participation in an employee wellness program relates to employee retention.
Example:
15%
of non-participants leave
10%
of participants leave
1.5x
retention multiplier

Above 1.0x, participants stay at a higher rate.

Wellable Way

Support Well-Being. Recognize Effort. Retain Talent.

When employees feel supported in their well-being and appreciated for their contributions, they choose to further the mission of their company

Employee Well-Being

Wellable wellness platform dashboard showing on-demand classes, rewards, challenges, and live events

Wellable offers comprehensive and customizable wellness programming, so employees can engage the way they want, across skill levels and wellness dimensions.

  • All-in-one wellness platform
  • Points-based rewards system
  • Holistic wellness challenges
  • Live and on-demand content
  • On-site and virtual events
i
Employees who are thriving in their well-being are 46% less likely to experience frequent burnout and 65% less likely to be watching for or actively seeking a new job. (Gallup)

Rewards & Recognition

Wellable recognition tool showing available rewards and a peer-to-peer shout-out

A built-in recognition feed fosters a culture of appreciation, where employees feel seen and rewarded for their daily contributions and their big wins.

  • Peer-to-peer rewards
  • Social feed
  • Company values alignment
  • Milestones
  • On-demand rewards
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Employees who received high-quality recognition on the job were 45% less likely to leave their organization in the following two years. (Gallup)

Deep Dive

Every Employer Analyzed Came in above 1.0x

Average retention multiplier by industry and by number of users, across the 14 employers analyzed

Financial Services & Insurance 2 employers
1.71x
Manufacturing & Construction 5 employers
1.64x
Public Sector & Education 2 employers
1.42x
Services, Transportation & Real Estate 3 employers
1.40x
Healthcare 2 employers
1.10x

Dashed line = 1.0x (no difference)

What It's Worth

What Is Value on Investment (VOI)?

Value on investment (VOI) looks past healthcare costs to the broader value a well-being program creates, such as retention, engagement, and productivity, compared with what the program costs. In this analysis, a VOI of 6.0x means the estimated value of the retention gap was six times the program's cost (including platform subscription and rewards).

6.0x

Median value on investment (VOI) from the retention gap

~$2,600

Average estimated value of the retention gap per active participant

Calculator

Estimate the Value of Your Retention Gap

Enter your own numbers, or start from the defaults. The retention multiplier defaults to the 1.5x average from our analysis.

Default: 19% average, per SHRM
Default: 1.5x average across 14 employers

Estimated value of your retention gap

$712,500

per year, across 300 active participants

$2,375

Value per active participant

~24

Fewer departures among participants

15.8%

Participant turnover rate

23.7%

Non-participant turnover rate

For comparison, the 14 employers in our analysis averaged about $2,600 per active participant. Estimates assume your overall turnover splits between participants and non-participants at the multiplier you enter.

Methodology

How Wellable Ran the Analysis

Sample
14 Wellable employer clients that met our data criteria: at least 12 months of standard reporting and all employees on the platform via eligibility file or SSO. 22,189 users across 11 industries.
Time period
Trailing twelve months ending December 31, 2025.
Salary
The client's own figure where provided, otherwise $40,000. Replacement cost: 75% of salary.
Averages
Each employer counts equally, regardless of size.
Limits
Results are correlational, not causal. The sample is small, and Wellable will refresh it as more analyses are completed.

Last updated: 11/02/2026

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