Does your company offer incentives to employees to participate in workplace wellness programs?
If so, you are a member of a fast-growing group.
A Look at the Numbers
According to a report recently released by Fidelity Management and Research, twice as many midsize employers offer wellness incentives than in 2010.
Here are the specific numbers from the study regarding that segment:
- 38 percent of mid-market employers offered wellness-based incentives in 2010
- 77 percent of mid-market employers plan to offer wellness-based incentives in 2013
- 45% of employers in the mid-market plan to offer average incentives of more than $500 per employee
Why Wellness Incentives are on the Rise
As health care costs rise, employers are recognizing that by encouraging their workforce to lead a healthier lifestyle, they can better manage their financial situation.
Also, as implementation of the Affordable Care Act moves forward, companies will have more flexibility in terms of health-contingent wellness programs as well as the maximum size of the reward that they offer.
For tips and resources on how your company can succeed with a workplace wellness programs, please download our free White Paper today!