HR Presentation
Transcript: While wellness programs are seen as good, other employees disagree and have filed lawsuits over perceived discrimination. More hours for employees Wellness Programs and Work-from-Home Save money on hidden costs Communication can become more difficult Employee/Employer Disadvantages of Working From Home Employer Benefits of Working From Home Programs Tone can be exceptionally hard and cause misunderstandings. Upfront Cost Educational materials come with a cost as well as staff members to be paid for facilitating programs and counseling sessions. Time The amount of time a company spends on preparing, implementing, and trying to invest in a wellness program can vary. Privacy Employers have faced litigation because wellness programs may be subject to a wide range of federal, state, and local laws which regulate the sharing of private information. Save money on overhead expenditures and other costs Furniture, computers, phone lines, office supplies, power bills, and detailed things(coffee and snacks) Develops loyal employees Increase profitability and productivity of the organization Improves Employee Satisfaction Reduces absenteeism Increases work productivity Moving into the Future Excellus BlueCross BlueShield, headquartered in Rochester, NY, is part of a $6.9 billion family of companies that finances and delivers health care services across upstate New York and long term care insurance nationwide. Collectively, the enterprise provides health insurance to about 1.6 million members and employs about 6,000 New Yorkers. -ExcellusBCBS.com What is Excellus? Increase Motivation Healthy Employees When the employees are healthy, it costs the company less for health insurance and the employees function better and are more productive. Exercise also increases concentration and self-confidence Employee Wellness and work-at-home options are valuable All benefits have advantages and disadvantages Costs offset by savings and retention Continue to monitor results and ROI We recommend continuation and expansion Giving employees choice without violating their privacy will ensure a long lasting working relationship. Introduction Questions? To keep the employees inspired to stay fit out of the work place, the company reimburse part of employee’s gym memberships. They can even keep track of their physical activities and earn points that they can turn into cash. Compensation and benefits Direct Compensation Indirect Compensation Nonfinancial Compensation Meaningful Benefits vs. Controlling Costs Research methods Employee wellness and Telecommuting chosen Increased responsibility for tax deductions Dispatching tech support or having office supplies delivered to people's homes could effectively cost more. Saving money for who? Positive Aspects of Employee Wellness Programs Negative Aspects of Employee Wellness Programs No casual conversation with co-workers Fitness programs: Are they worth the effort? Employee Benefits of Working From Home Yahoo and Google have placed restrictions on working from home. "Creativity happens around the water cooler" Employee/Employer Disadvantages of Working From Home COMPENSATION CHALLENGES AND EMPLOYEE ENGAGEMENT AT EXCELLUS BLUE CROSS BLUE SHIELD: BALANCING WORK, LIFE, AND THE BOTTOM LINE Linda Gallagher, Jessica Wheeler, Kyle Netherton, Joe Marino, Talia Hawthorne Commuting costs, wear and tear on cars, road taxes (E-Z pass), parking, wardrobes, and child care arrangements Work at home: Does it "work"? Wellness initiatives may not encourage health behavior beyond completion of programs. In Conclusion...