Since wellness incentives can represent a considerable cost for employers, more and more companies are analyzing their existing or proposed wellness programs to make sure they’re getting enough bang for their buck.
The best way to ensure that you’re implementing a plan that’s well-suited for your workforce is to consult with your benefits adviser, who can offer valuable insights and options. This is an area where we at Sequoyah Group would love to be of service to your organization.
In the meantime, a recent article from Employee Benefit Adviser offers 10 tips for developing effective wellness incentives. Most center around tailoring the program to the specific needs and challenges of your workforce, offering meaningful incentives that will motivate your employees, setting reasonable expectations, and communicating the specifics of the plan early and often throughout the year.