Monday, September 12, 2016

Wellness Award Programs Today


According to Incentive magazines “Safety and Wellness IQ,” almost 50% of companies today have some sort of employee wellness program in place.  The biggest difference today is that most CEOs while eager to invest in wellness efforts, are demanding a better return on these investments.  Healthcare costs and healthcare insurance are high, too high, and companies are looking for everything they can do to reduce them.  With an aging workforce these numbers may only get higher.

A study conducted by the Global Wellness Institute, “2016 Future of Wellness at Work”, states the economic enormity of worker health is approaching 10-15% of global economic output.  Some economist’s estimate this can amount to over $2 trillion each year.  According to the research company Gallup, the cost to U.S. employers is $153 billion a year just counting workdays missed.  Whether these global estimations are pertinent to your company or not, unhealthy workers have been a persistently growing problem.

Wellness efforts of the past amounted to websites with articles about exercise and nutrition with links to other resources; and wellness coaches and or company nurses who did health risk assessments (HRA).  This communication effort often left it up to the worker to motivate them to “get healthy”.  Today, doing an HRA is just the starting point, the admission ticket to the program.  From a push using incentives to get employees involved by taking the HRA, today the effort is on participating, doing something to improve your health.  Programs goals have changed from getting employees to join to improving health and fitness and thus reducing costs. 

Participative Goals

Another change in programs is not just focusing on people who are unhealthy, but getting to the rest of the employee base to ensure they don’t fall into chronic health conditions in the future.  Today it’s about what your programs stress, what you want your employees to do.  Incentives “2016 Safety & Wellness IQ” survey showed the top activities a program encourages are:




Activity
Included in Programs
Physical fitness (walking, running, cycling, swimming) etc..
68.5%
Regular Medical Checkups
64.4%
HRA Survey
56.3%
Smoking cessation
54.8%
Monitoring Health Issues (hypertension, diabetes, etc.)
49.3%
Gym, Fitness Classes
41.1%
Obesity Reduction
39.7%

As all of these goals have specific and easy to obtain measurement are participative and outcomes based, awards can be easily used to achieve thems.  By using a wellness portal with video to  provide advice and material on all of these objectives, you  can appeal to your entire workforce, especially millennials.  Challeng goals and team objectives can also add to the interest because you can have groups supporting each other. 

For more information on Ultimate Choice Inc.’s products or services or other white papers please contact us at Ultimatechoiceinfo@cox.net