Promote Health in Your Office
We are increasingly seeing companies adopt health and wellness programs as a way to manage staggering health care costs. These programs promote healthy behavior, which can reduce the employers health cost per employee. According to one study, lifestyle related illnesses account for 80% of all employer health care costs. Health and wellness programs help companies of all sizes save money, from small start-ups to large corporations. Johnson and Johnson recently stated that their health and wellness program has saved the company more than $250 million in health care costs over the last 10 years. The impact is measurable across a large variety of organizations. Skeptical Employees? As more companies begin to adopt this practice employers are looking at how much these programs affect their bottom line, and how best to affect their employees' behaviors. While many employees can be quick to adopt programs offerings, others feel as though it is a violation of their personal life in the workplace. These individuals often adopt the practice with the incorporation of Health and Wellness rewards. Carrot rewards, that offer incentives for desired behavior, such as meeting a health goal or quitting smoking are proven to be the most effective method of implementing health and wellness rewards. Small incentives such as gift cards to retailers that promote healthy living such as
CVS/Pharmacy,
GNC and
Nutri
Employers Using Incentives to Improve Organizational Health
vAs employers continue to try to control costs of health insurance benefits they are turning to incentives more and more frequently for their Health & Wellness programs. Incentives motivate employees to evaluate and improve their health, which obviously benefits employees and simultaneously helps lower costs for employers. Aon Hewitt’s recent survey of nearly 2,000 U.S. employers, their combined 20 million U.S. employees and their dependents found that 84% of employers offer employees incentives for participating in a health risk questionnaire (HRQ) and 64 percent offer incentives for biometric screenings to help employees evaluate their health status. 51% of employers provide incentives for participation in health and wellness improvement programs as well. The incentives used here do not need to be big, but rather need to be meaningful. Helping employees maintain their health and reach new health goals can be as simple as offering
a gift cards to
CVS/Pharmacy or GNC. A small investment such as this easily provides noticeable ROI to employers and employees feel support from their employer;
,that their employer cares about them as a person, not just a part of the organization. Bettering your employees' health can often better your bottom line.
For more information on Aon Hewitt's survey on Health and Wellness Incentives check out this article from Insurance Journal.
Infographic on Obesity in the Workplace
The following infographic from
mashable.com shows how obesity, growing ever more prevalent in workplaces across the country, can cost your company valuable money and resources. Implementing health and wellness programs for employees using small incentives, such as gift cards to assist in living a healthy lifestyle, such as the
CVS/Pharmacy Select Card or a GNC gift card can save your company money and keep your employees healthy, productive, and happy in their jobs. Check out the information below to help prevent obesity in your office.
Building Comprehensive Employee Wellbeing with Gift Card Rewards
As businesses increasingly recognize employee wellbeing as foundational to both employee performance and organizational success, it’s clear that a holistic approach is essential. Gallup’s 2024 report on employee wellbeing highlights the need for companies to address five interconnected elements of wellbeing: career, social, physical, financial, and community. Yet only a small percentage of employees feel their employer supports these elements. This gap can leave employees feeling undervalued, risking burnout, low engagement, and attrition.
Is your Health and Wellness program up to date?
Some interesting findings from our neighbors to the north. Striking data about the discrepancy between where companies see their health and wellness initiatives at the present versus where they think this programming needs to be to have a real effect on their company's bottom line. Do the following 3 areas apply to your health and wellness program? 1. While employers are articulate about what they want to accomplish with health and wellness programs...
