...MEMORANDUM DATE: November 29, 2010 TO: James Martin, Director of Human Resources FROM: Name, Assistant Director of Human Resources SUBJECT: Wellness Program Recommendations for Technicraft, Inc. Attached is the report on the implementation of corporate wellness programs. Due to rising health benefit costs and a rising number of health benefit claims, you requested that I investigate the implementation of corporate wellness programs as a way to reduce company costs. In order to determine whether it would be possible to improve employee health and lifestyle habits, while also cutting company costs, I analyzed the results that several companies had after launching their own wellness programs. I also considered and researched the potential disadvantages of implementing a wellness program. After a thorough investigation of all of these factors, I recommend that Technicraft, Inc. implement a corporate wellness program in order to improve employee health and productivity and reduce or stabilize company health benefit costs. I have enjoyed researching this topic and would like to meet with you to discuss my recommendation. I will call you early next week in order to schedule a meeting time or you may contact me at extension 5555. WELLNESS PROGRAM RECCOMMENDATIONS FOR TECHNICRAFT, INC. Prepared for James Martin, Director of Human Resources Technicraft, Inc. 4501 West 92nd Street Indianapolis, IN 46260 Prepared by Name, Assistant Director of Human...
Words: 7052 - Pages: 29
...Wellness Programs Student’s Name Institutional Affiliation Wellness Program The research conducted by Aon Hewitt on the best employers in Canada helped identify the best 50. The research was done by surveying employees and measuring their opinions the company’s leadership and management, career development, and recognition as well as productivity. Another research conducted by McLean Company proceed to interview the 50 listed companies top management to establish what they think made their employees gave the companies higher marks. The outcome of the research indicated that best perks, initiatives and other opportunities on offer such as wellness programs were considered important by employees. Two companies that owe part of their ratings to their wellness programs include the Co-operators insurance company and the ATB Financial services. This essay aims at looking at their wellness programs (macleans.ca, 2014, n.d) Wellness programs help both the employees and employers to be more productive and in turn increase the company’s human resource potential. Well and fit employees are known to establish a good rapport with their employers and thus enjoy their job which in turn means that their work morale is always at the peak. The program further helps reduce the costs of health care and tax benefits. The wellness programs can be offered on the employer's places or off-the-site. However, some companies are now offering both on-site and off-site wellness programs. These programs...
Words: 2276 - Pages: 10
...Health and Wellness Programs Paula Baldridge Midway College HRM 401 January 31, 2015 June Jones Health and Wellness Programs Several organizations in the United States are using health and wellness programs not only to make their employees healthier, but to use these programs as a cost reduction tool for healthcare. Healthy employees’ equal lower healthcare cost but as hard as employers try there is no easy way of only hiring healthy employees; so the implementation of health and wellness program at work has to be done correctly. My organization in the last year has implemented a health and wellness program by hiring the local hospital to conduct screenings and teach classes for a healthier lifestyle. These screenings and classes are held on site so there will be more participation, and it will be convenient for the employee. A few of the wellness programs the company is focusing on is weight and smoking. Break walking at the workplace is one of the most favorite exercises for weight loss; this program consists of employees walking for fifteen minutes, twice a day, on their breaks and after work. The company has designated an area around the facility with markers so that the employee can document the distance they have walked each day. The company has a weight loss program called the “Biggest Loser” and each employee will be weighed each week by the human resource assistant and documented. At the end of the year, whoever loses the most weight will receive...
Words: 605 - Pages: 3
...as health care over to the employees. Companies have identified the need for a wellness program as an asset that can help in the alleviating some of the liabilities related to the unhealthy employee. This paper will provide an analysis of the need financial decisions (text) and areas of a wellness program that will provide the grates impact. While it is hard to motivate an unhealthy life style at any age, A company can lower the cost associated with unhealthy employees, because the cost of a wellness program can have a greater return, with lower lost time will increase productivity, and healthcare cost will lower due to the companies more healthy workforce. First, a company can lower the cost associated with unhealthy employees though the implementation of a company wellness program. A wellness program is intended to improve and promote health and fitness that is usually offered through the work place or insurance plans. The program allows employer or plan to offer employees premium discounts, cash rewards, gym memberships, and other incentives. Some examples of...
Words: 1497 - Pages: 6
...Corporate Health & Wellness Programs By Kerrie Ann Frey High insurance claims rates, rising healthcare premiums, increased absenteeism. One way corporations are tackling these issues is through wellness programs that encourage healthy habits and preventative care in its employees. “We were doing online assessments, giving an incentive to do that assessment, but we knew that we needed to get the employees more engaged,” explained Franck Labiche, Human Resources Director at Laitram. Headquartered in Harahan, Laitram is global manufacturing company with four operating divisions. With nearly 2000 employees worldwide, Laitram offers its employees a corporate wellness program designed to complement the company’s already existing health plan....
Words: 1302 - Pages: 6
...Chapter I THE PROBLEM Introduction Nutritional status is a measurement of how well the nutrients in your diet are meeting the physiologic needs of your body. Health care professionals like registered dietitians, nurse and physicians are trained to review and assess many different parameters to assess a persons nutritional status. They do this through the use of medical tests and other tools that provide dietary information. Nutritional status is the balance between the intake of nutrients by an organism and the expenditure of these in the process of growth, reproduction, and health maintenance. Because this process in highly complex and quite individualized, nutritional status assessment can be directed at a wide variety of aspects of nurtures. These ranges from nutrient levels in the body, to the products of their metabolism, and to the functional processes they regulate. Nutritional status can be measured for individuals as well as for populations. http://www.answers.com/topic/assessment-of-nutritional-status#ixzz1zFO5MZFB/06-30-12 In children, growth charts have been developed to allow researches and clinicians to assess weight-and-height-for-age. For children, low height-for-age considered stunting, while low weight-for-height indicates wasting. Accurate measurement of individual nutritional status is required in clinical practice. Population measures are more important in research...
Words: 2085 - Pages: 9
...Efficacy of Wellness Programs in the Workplace By: ??????? July 27, 2012 Dr. ??????? Abstract Workplace wellness programs are programs created to promote a healthy lifestyle among employees through exercise facilities, classes or seminars on nutrition, and exercise and health education. Wellness programs have been implemented by various corporations and firms. Larger corporations (minimum of 1,000 workers) tend to implement wellness programs to boost worker health, productivity, and, ultimately, reduce company cost for health care coverage. The United States Workplace Wellness Alliance was implemented in 2009 because of the need for wellness programs for corporations. A qualitative search from scholarly, peer-reviewed articles of employee wellness programs was conducted to assess the efficacy of the wellness programs. The results showed promising results of wellness programs, including decrease in company health care cost and increase in return on investments (ROIs). Workplace wellness programs have shown to decrease employee absenteeism, presenteeism, medical cost, and increase productivity. Background Wellness programs are a common part of the modern-day workplace. They were created for companies to cultivate wellness in their employees. Wellness programs are an essential part of corporations for various reasons. The most important reason is that healthy employees lead to greater productivity for a company and, ultimately, more revenue. Over the...
Words: 2271 - Pages: 10
...Employer Wellness Programs Employers have been dealing with rising health care costs for a while now, and they are beginning to penalize employees to try to motivate them to get in shape which means that employees will have to begin to pay more attention to their health than they use too. “The number of employers using penalties as part of wellness programs more than doubled from 8% in 2009 to 19% in 2010, according to a survey by human resources consulting firm Towers Watson. The survey respondents included human resources managers and benefits managers from 248 U.S. companies with at least 1,000 employees.” 38% of organizations reported that they planned on penalizing employees for their health conditions when they were asked about the health penalizations by the Towers Watson consulting firm for 2012. This information shows that the outlook will be that most, if not all employers will be adopting the health penalization idea. There are several local companies that already have various wellness programs in place that affect employees financially. Some of these are incentive based and others are penalty based. Tennessee Valley Authority has a program that is named Health Check, and it is a point system that offers a $50 incentive for the first health screening an employee completes, and up to $200 discount on the yearly cost of medical insurance fees which is paid out on an employee’s paycheck in approximately $5 installments depending on the amount of points an employee...
Words: 1335 - Pages: 6
...MARKETING PLAN for WELLNESS PROGRAM in: FRANKLIN COUNTY (Columbus, Ohio) HSM-430 Planning and Marketing for Health Service Organizations Instructor Jason Thompson – DeVry University Submitted by: Marsha Brofford October 11, 2009 TABLE OF CONTENTS GOALS 3 OBJECTIVES 3 STRATEGIES 6 PRICE 7 REFERENCES 8 GOALS With many small business owners having difficulty paying higher insurance premiums finding ways to improve the overall health of their workforce is becoming increasing important. With over 39,000 small businesses located in Franklin County Ohio (Franklin County, Ohio, 2008) keeping employees healthy is imperative to the continued growth and success of these businesses; therefore, offering wellness programs that are specifically designed to address the health and well-being of those employed by these businesses is needed. The goal of these wellness programs is to promote and assist employees in developing healthier lifestyles, create awareness surrounding wellness issues and assist small business owners in controlling cost associated with preventable illnesses such as heart disease, stroke and respiratory diseases, which are among the top five causes of death in Franklin County from 2004-2006 (Columbus Public Health Office of Assessment and Survillence, 2005). The Department of Health and Human Services reports that 75 percent of health-care costs are spent on chronic conditions such as obesity, cardiovascular disease and adult onset diabetes...
Words: 1685 - Pages: 7
...WELLNESS PROGRAMS SLOWED THE GROWTH OF HEALTH CARE COSTS Managing the cost of healthcare and retirement has been a main focus of HR professionals for quite some time. Preventive health and wellness benefits are designed to help maintain or change employees’ behavior in order to achieve better health and decrease health risks. By preventing or lessening the incidence of adverse health conditions, employers hope to save on long-term health costs. (Miller, 10) According to a study published in the March/April 2011edition of the American Journal of Health Promotion, when employers consistently offered a wellness program to their employees, findings of health care costs rose at a 15 percent slower rate among wellness program participants than a comparison group. The study, which focused on Highmark employer wellness group wellness programs, showed a savings of $332 per participant. This indicates that substantial savings may result for group customers once a worksite wellness program is established. Highmark is a health benefits provider which serves 4.7 million members in Pennsylvania and West Virginia, and is one of the largest Blue Cross/Blue Shield independent licensees in the U.S. The results prove that keeping employees healthy is not only good for the business, but also for a company’s bottom line. The study also indicates that even small interventions, like online programs, can help have an impact on healthcare costs for those that participate. Highmark’s...
Words: 1177 - Pages: 5
...LiveWellNYU is a student wellness program at New York University (NYU) that has been nationally recognized and has helped thousands of students at NYU in different areas of health. One of these health areas that LiveWellNYU tackles is mental health/depression (NYU, 2012). NYU (n.d.) states that the LiveWellNYU program combines an evidence-based public health approach with ground-breaking strategies that helps students take charge of their health by developing healthy lifestyles and habits. This particular program not only deals with individual students and the NYU Student Health Center, but also aims to provide strategies for faculty and staff, student leaders, parents, family, friends, and community partners to better improve the health of...
Words: 340 - Pages: 2
...Instructor: Professor Kathleen Milburn Class: HRIS- HR530 Date: December 11, 2011 Report #1 Shows the numbers and percentages of late performance evaluations for several departments within the county with late performance evaluations could cause several problems. First, they affect employee motivation when employees are waiting on evaluations to be completed for pay raises. This, in turn, may affect morale, productivity, and turn-over rates. The evaluation of employees’ job performance is an important personnel function and is critically important to the organization. Appraisals give the employees an opportunity to contemplate their performance at work. It is the time when employees look forward to a raise in the salary and a promotion. For the managers, appraisals are about reviewing the past performance of their employees and providing them with feedback along with some tips to improve. Performance appraisal is the means by which the work performance of employees is evaluated. Employee performance is assessed in terms of the quality and quantity of work he/she has put in. It is calculated in terms of the time and efforts contributed by the employees in achieving an assigned task. Reviews of employee performance taken within an organization are known as performance or employee appraisals. They aim at analyzing employee performance, identifying their potential and inabilities, in order to determine the employee training needs. They also aim at taking...
Words: 2223 - Pages: 9
...Employee wellness program is a continuous program that is focused towards the betterment of people with different problem-solving alternatives targeting individuals as well as a group of people. In a company, the overall gain/profits depend upon how they treat their employees. So various wellness programs are being run in a company for the betterment of employees which in turns directly gives a boost towards productivity as well as profits of a company. Keeping wellness approach in mind another term that is very important is “workplace stress”. This term itself explains everything. Mental health of employees is very important for a company to run smoothly. Wellness programs thus helps us to maintain a healthy atmosphere in a company. One of the most renowned company in Canada serving people over 80 years is Air Canada. This company was founded in 1937 and is responsible for air transportation in Canada as well as internationally. Air Canada is one of the major companies that contribute towards Canada’s economy. Air Canada servers a lot of job opportunities in various sectors of aviation such as pilot, flight attendants, customer service, maintenance etc....
Words: 605 - Pages: 3
...Statement Providing innovative and inclusive strategies that gauge employee desires and needs can be a critical factor in employee access to programs. Ensuring that employees have a clear understanding of program offerings can increase employee productivity, decrease employer health related costs and loss of outputs while increasing the knowledge and buy in of employees. If employees have limited understanding of benefit programs and the programs themselves are obsolete to employee needs and current trends, the sponsoring organization is wasting financial resources and contributing to the potential decrease in employee productivity due to unmet health and wellness related needs. Martocchio (2014), discusses the responsibilities of benefit professionals as providing assistance to employees surrounding education on the various options of benefit programs as well as their need for expertise in designing and administering benefits programs. He further discusses the importance of benefit professionals remaining current on trends and innovative approaches to practices and development of benefit programs. The text additionally states that many employees have minimal understanding of the wordage and regulations attached to the components of the benefits packages. Traditional approaches to developing and marketing health and wellness benefit programs in the organizational culture can prove to be financially costly to employers and unbeneficial to employees. Traditional approaches have...
Words: 2195 - Pages: 9
...Introduction – Rushell Baderman Island Resort ensures all guests enjoy a relaxed and care free stay. In doing so the interior of company must be structured to function at its highest level of performance. This essay will outline the general functions of the Food and Bar Management and Front Office Supervisor. It will focus on the performance management systems, discuss the advantage and disadvantage of two different job evaluations, compare and contrast compensation plans, and explain the importance of providing employee benefits plans. Each area is unique to this company and its success. Describe the general function of performance management systems. If your assigned company does not use a performance management system, would you recommend it use one? LISA Overall the success of our company in general is due to our commitment and dedication given to our employees. The company strives to ensure that every employee is given an equal opportunity, and it is our duty to embrace each employee to the fullness of their potential. The company accomplishes this task by the use of performance management systems. Performance management systems are used to sustaining and measuring an employee’s performance. These methods are the key to an organization success because an organization can assess individuals' performance and reward them appropriately. To do this successfully an organization needs to have a system that manages performance: not just for reward purposes but also to help...
Words: 1671 - Pages: 7