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Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used...

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Exploring Best Practices for Employee Wellness Programs Presented by WellRight & Terryberry
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Page 1: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

Exploring Best Practices for Employee Wellness Programs

Presented by WellRight & Terryberry

Page 2: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

Presenters

Tad MitchellWellRight

[email protected]

Mike ByamTerryberry

[email protected]

Page 3: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

Chat in your questions.Get real time answers.

Page 4: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

If we address your question during today’s live broadcast, you’ll receive a complimentary copy of Tad Mitchell’s book, 102 Challenges

Ask and Win!

Q&A will take place at the end of the webcast. Submit questions any time using your tool tray on the right side of your screen.

Get involved and be recognized!

Page 5: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

POLL

Do you currently have a wellness program

at your organization?

❑ Yes

❑ Looking to implement one soon

❑ No

❑ I’m not sure

Page 6: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

Which best describes your organization’s internal wellness program support?

❑ Dedicated Wellness Team

❑ Full Time Dedicated wellness program champion

❑ Part Time dedicated wellness program champion

❑ Minimal internal wellness program support

❑ No consistent wellness program support

POLL

Page 7: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

What should a complete wellness program include?

BEST PRACTICES

Page 8: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

8

What We Have Learned to Drive Engagement

Anchor Challenge

Annual challenge that is custom and unique to your organization

Administrator Support

Active administrator, minimum of 50% to wellness

Tenured Executive Support

Executive champion with 20+ years at the organization

Right Amount of Choice

Limit the number of options to avoid decision fatigue

Consistent Program Structure

Structure and expectations are the same with fresh content

Source: WellRight

BEST PRACTICES

Page 9: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

What are best practices for tailoring wellness

programs in order to fit the needs of employees

who are at different stages of their wellness

journey or have different wellness needs?

TAILORING WELLNESS

Page 10: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

.

What would happen if every employee was engaged in the wellness program?

Wellness Programs can create a less

stressful environment which

can, in turn, lead to higher levels

of employee happiness.

Page 11: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

If you have a Wellness program, what % of your employees participate annually?

❏ < 15%

❏ 15-25%

❏ 26%-50%

❏ 51%-75%

❏ >75%

POLL

Page 12: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

PARTICIPATION

Good participation is certainly key to an effective

employee wellness program. What benchmarks do you

have for participation rates and what can employers

do to achieve maximum participation?

Page 13: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

A recent Glassdoor survey listed

wellness programs as a perk that

many employees value more

than pay raises.

.

How are you encouraging and rewarding healthy employee behaviors?

Page 14: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

What return on investment can

employers realistically expect to achieve

for their wellness programs?

ROI

Page 15: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

WHY WELLNESS? Value On Investment and Return On Investment—They Both Matter

15%

68%

67%

3-4

9

Employee Retention. Turnover rate for unhealthy employees vs. 9% for health employees.

Employee Benefit. 68% of U.S. employers offer a wellness program. Employees are expecting it during the hiring process.

Company Culture. Of employees said having a wellness program motivated them to achieve company goals.

Presenteeism. More sick days are taken per year by tobacco users and 1-2 by obese employees than healthy employees.

Productivity. Days worth of smoke breaks are taken each year by tobacco users. That’s a lot of time away from work!

Value On Investment Return On Investment

$1.50- $6

Real Return. Return for every dollar spent on wellness has been experienced by employers.

20%Reduction in Medical Spend. Reduction in wasted medical spend after about three years.

30%Cost Savings. Reduction in medical spend for obese employees and 15% reduction for tobacco users when a targeted wellness program is in place.

Source: WellRight

Page 16: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

If you have a Wellness program, what do you invest annually in rewards?

❏ <$100 per employee

❏ $101-$400 per employee

❏ $401-750 per employee

❏ $751-1,500 per employee

❏ >$1,500 per employee

POLL

Page 17: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

Wellness Engagement – Participation Rates

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

$0 $100 $200 $300 $400 $500 $600

REWARDS VALUE

PARTIC

IPATIO

N R

ATES

Source: WellRight

Rewards are the primary driver of participation

Page 18: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

Is there a synergistic

effect between wellness

and rewards and

recognition programs?

WELLNESS + RECOGNITION

Wellness

Recognition

Page 19: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

• 265 Employees

• Office, Production, Development, Sales, etc.

• Committed to Wellness

• Independent from Recognition

Case Study: F2018 Participation

Points Awarded for successful completion7 wellness events average

0

5

10

15

20

25

30

35

40

45

50

0 1000 2000 3000 4000 5000 6000

WELLNESS EVENTS VS. POINTS

Number of wellness events per employee

Page 20: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve
Page 21: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

F2019 ParticipationConnected to Recognition

Average Annual Participation = 12.8

Page 22: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

REWARDS

What kinds of rewards are

best suited for employee

wellness programs?

Page 23: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

Jack Smith - Rewards

Congratulations Jack!

Welcome to TLE's AwardPoints redemption area, where the points you've accumulated through your continued efforts to support TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve as a reminder of your achievements, while encouraging ongoing contributions!

Please feel free to contact us with any questions. Again, congratulations on your success.

Sincerely,

Page 24: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

How is technology

changing the

employee wellness

programs of today?

TECHNOLOGY

Page 25: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve
Page 26: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

In today’s workplace, many companies

have global offices, employees work remote

—how do you effectively encourage healthy

behaviors to all?

EVOLVING WORKPLACE

Page 27: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

The remote workforce has

grown by 173% since 2005.

- Global Workplace Analytics

EVOLVING WORKPLACE

Page 28: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

Demo

Powered by WellRight

Brad Sytsma360 Recognition Specialist

Terryberry

Page 29: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

Questions

Tad MitchellWellRight

[email protected]

Mike ByamTerryberry

[email protected]

Page 30: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

This program is pre-approved for ONE CPHR, ONE General HRCI Credit, ONE

WorldatWork Credit and ONE SHRM PDC

HRCI ORG-PROGRAM:

509683

SHRM Activity ID:

20-DSE4H

Page 31: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

Does your wellness program need some fun new challenges?

102 Challenges offers up a collection of

dynamic and inspiring challenges.

Covering everything from fitness to

nutrition, emotional wellness, financial

wellness, and purpose, there’s something for everyone!

wellright.com/books

Page 32: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

Get a free demowww.terryberry.com/wellness

Build a Healthy Workplace with a Corporate Wellness Program

Wellness Incentives

Powered by WellRight

Page 33: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

www.workplacewalkingchallenge.comCheck out the walking wellness challenge in your area, today:

Wellness-minded organizations encourage their employees to get active while competing as a group for recognition

Page 34: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

Free Webinars

Best Practices in Employee Recognition

R E G I S T E R T O D A Y

www.terryberry.com/webinars

Most webinars are pre-approved for CPHR, HRCI, WorldatWork and SHRM recertification credits

Page 35: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

www.terryberry.com/resources

Free Employee Recognition Ideas, Tips, and Tools

Page 36: Employee Rewards Program - Employee …...TLE’s business, culture, and your wellness can be used to select great awards. We appreciate your hard work and hope these awards serve

This program is pre-approved for ONE CPHR, ONE General HRCI Credit, ONE

WorldatWork Credit and ONE SHRM PDC

HRCI ORG-PROGRAM:

509683

SHRM Activity ID:

20-DSE4H


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