Wellness Programs and Incentives That Work

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By September 25, 2019 at 6:19am

WELLNESS PROGRAMS AND INCENTIVES THAT WORK

Most companies offer wellness benefits:

63% Physical Wellness (e.g., gym access)
65% Financial Wellness (e.g., retirement planning)
74% Mental Wellness (e.g., stress reduction)

How costs are allocated:

Physical Wellness Financial Wellness Mental Wellness
Employer-paid 40% 38% 50%
Shared 11% 13% 14%
Employee-paid 12% 14% 10%

(Respondents were those whose company offers wellness programs.)

71% of companies plan to offer incentives (e.g., bonuses, spot awards, stock in 2020)

How companies plan to change incentives in 2020:

Increase the dollar amount 43%
Increase the frequency 41%
Add new incentives 33%
Decrease the frequency 11%
Decrease the dollar amount 9%
Remove incentives 3%
No change 24%

(Respondents were those whose company plans to offer incentives.
Multiple responses were permitted.)

Source: Robert Half survey of more than 1,000 HR managers in North America.

© 2019 Robert Half. An Equal Opportunity Employer M/F/Disability/Veterans.