Within the U.S., two of the top objectives of wellness programs are to manage health care costs and improve employee productivity/reduce absenteeism. (Photo: Shutterstock)
More and more employers are making it financially worthwhile for their workers to participate in well-being programs, according to the 10th Annual Health and Well-Being Survey from Fidelity Investments and the National Business Group on Health.
The survey of 164 “jumbo,” large and mid-sized organizations found that, on average, more than a third (40 percent) of the budgets for their well-being programs are applied to financial incentives that encourage employees and their spouses or domestic partners to participate. The average per-employee incentive is now $762—nearly three times the average employee incentive of $260 in 2009, though down slightly from $784 in 2018.
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Katie Kuehner-Hebert
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
