Corporate Wellness and Balanced Scorecard: the Case of a Slovenian Company

The goals of the research are to investigate the benefits of corporate wellness (CW) for an organization as well as to investigate the implementation of CW in a chosen Slovenian organizationn. We first introduce the comprehensive concept of the balanced scorecard (BSC) and provide some literature review on the CW benefits. Next, based on the literature analysis as well as on the results of semi-structured interviews in a chosen organization, we answer research questions regarding the benefits of CW integration into BSC and use of the CW programs in a Slovenian company. One of the results is also an updated theoretical concept called corporate wellness-balanced scorecard (CW-BSC). The theoretical understanding of the BSC in relation to health and well-being has thus taken a step forward. Our research reveals that CW in a selected Slovenian company is not implemented at a strategic level. The research sets the base for a more comprehensive measurement in the organization, a more effective approach to strategic management and the development of human capital management, which in turn contribute to better business performance.