Calculate Your Potential ROI with NADA Art Projects
Discover the value an art-enriched workplace can bring to your organization with our ROI calculator.
Calculate Your Projection
Based on your employee count, the average art collection investment is $15,000 - $40,000
ROI Breakdown Over 3 Years
Category
Year 1 ($)
Year 2 ($)
Year 3 ($)
Total ($)
Productivity Gains
Absenteeism Savings
Retention Savings
Tax Savings (Depreciation)
Total ROI Over 3 Years:
Notes:
Productivity Gains: Studies by Exeter University show that art in the workplace improves creativity, focus, and employee engagement, with art-enriched office environments increasing productivity by up to 15%. For this ROI calculation, productivity gains are conservatively estimated at 1%. Even this modest improvement demonstrates the measurable value of integrating art into the workplace.
Absenteeism Savings: A survey by Forbes revealed that 78% of respondents believe art in the workplace reduces their stress levels. Stress and burnout are key contributors to absenteeism. In this ROI calculation, we conservatively attribute a 5% reduction in absenteeism, reflecting the stress-relieving benefits of workplace art.
Retention Savings: Research demonstrates that art fosters engagement, collaboration, and morale. 60% of employees said art positively impacted their perception of the company’s commitment to well-being, and another survey revealed that 94% found art made the workplace more welcoming. A University College London study found that art exposure elevates employee satisfaction by 30%. For this calculation, we conservatively attribute a 5% reduction in the annual percentage of staff turnover, reflecting art’s potential impact on employee retention. If art can even achieve a 5% impact in lowering the annual percentage of staff turnover, the benefits for a business are significant.
Tax Savings: Art purchased for display in business premises qualifies for 20% annual depreciation over five years, according to ATO guidelines.