Pursuing robust health and wellness programs in the corporate world isn’t merely a trend; it’s a vital strategy for organizational success. As a company that has navigated this landscape, the devil is in the details, especially regarding employee engagement. And nothing moves the needle quite like incentives and rewards. According to authoritative sources like the RAND Corporation, 75% of U.S. employers now offer wellness programs. Yet, the efficacy of these programs varies significantly. What makes the difference? Incentives. A Willis Towers Watson survey validated that health incentives could ramp up employee participation to an impressive 62%. But it’s not just about numbers; it’s about catalyzing meaningful behavioral shifts. For instance, 43% of employees made healthier food choices when incentives were on the table, per a study in the Journal of Occupational and Environmental Medicine. A client who runs a mid-size tech firm struggled with high employee absenteeism and low morale. Taking a leaf out of behavioral economics, he introduced an incentive-based wellness program. Not only did attendance improve within a year, but the company also recorded a 26% reduction in healthcare costs. Why? Because when employees see a tangible reward for their efforts, they are more likely to commit to […]
Tag: Health and Wellness Programs
Trends in Wellness and Travel For Incentive Programs
Health and wellness is at the top of mind for many people these days, including incentive program managers. The Incentive Research Foundation (IRF) recently released a report going over some of the current trends in health and wellness, as it pertains to travel incentives. Their report focused on meetings in particular, but their findings apply to health and travel incentives on a far broader scale. Travel incentives are a common type of experiential reward. In the past, experiential rewards have been very popular among incentive program participants, but since the start of the Covid-19 pandemic, these incentives present some unique challenges. Participants want to know that they can enjoy their travel incentive without risking their health. The IRF found that answers to the following concerns were very important to communicate to participants. Cleaning standards: Participants need to know what level of cleanliness they can expect from their travel locations. Consistency of health safety protocols: It is one thing to have health and safety standards, but participants need to know how strictly and consistently they are enforced. Masks: Will all visitors be required to wear masks? Only vaccinated visitors? No one at all? These are questions that participants will want the […]
Top Employee Health and Wellness Trends 2020-2021
Health and wellness is more important to people than ever before and companies are taking notice. A recent report from Shortlister reviewed the top employee wellness trends for the last few years. The categories they reviewed include: The majority of businesses surveyed said that wellness is one of their business objectives. In 2020, 97% of businesses surveyed said wellness prioritization is an equal or greater priority to them than the year before. 31% of businesses surveyed said that they were prioritizing Implementing a wellness program via a third-party vendor more in 2020 than in 2019. 51% of companies surveyed showed a greater interest in implementing points-based wellness programs. Follow the issues presented by the pandemic, many companies have changed their prioritization of various wellness issues. Here is a breakdown of those changes for 2021: If you are interested in improving or starting an employee wellness program, contact our team at All Digital Rewards. When you want to be the best, work with the best. We know you need an incentive program that is not a one-size-fits-all box solution. Our SaaS Platform will simplify every kind of health and wellness overlay promotion and give you peace of mind that your program […]
Top Instant Issue Gift Card Rewards
Gift card rewards can attract and engage market research panelists, customers, channel partners, and employees. They increase brand awareness, motivate sales teams, help retain panelists, and so much more. People engage with gift card rewards in a similar way to how they interact with cash. They’re incredibly appealing and can be used by anyone. Gift cards help build trust with your reward program participants through brand recognition. Some of the top gift card brands reward program participants love to claim are: Walmart, Starbucks, Sephora, Amazon, Target, and Chipotle. You can use either virtual or physical gift cards in your reward program. Virtual gift cards work as instant issue gift cards, which have the added benefit of immediate redemption. This increases their effectiveness with your end-users, as it gives them an extra level of satisfaction. If implemented correctly, gift card rewards can help drive up your reward program ROI. Gift cards can be used for a range of different types of rewards programs such as channel sales, health and wellness programs, sweepstakes, employee recognition, market research, and points-based programs. All Digital Rewards can help you select the right gift card and e-gift card products to reach your organization’s reward objectives best. […]
Gamification Effects on Engagement
From consumer loyalty programs, to B2B channel partner programs, to company health and wellness programs, everyone is looking for ways to increase engagement. Most people know that having the right reward offerings and robust incentive management technology is important, but there’s another lesser-known element that can help increase your incentive program’s engagement: Gamification. Gamification is an online marketing technique that takes qualities of games (point scoring, competition, rules of play) and applies them to a company’s product or service – in this case, an incentive program. Examples of Gamification in an incentive program can include: Games – A promotion where winning game pieces are randomly seeded into the universe of common and/or losing game pieces. Collect & Win – Promotion requires participants to save game pieces to complete a phrase, picture, or puzzle. Match & Win – Promotion requires players to match a symbol on their game piece to the winning symbol on displays. Instant Win – A self-contained random chance promotion. Includes scratch off, peel off, scan and win games, online and 800 number call-in games. Instant win games provide instant gratification. Sweepstakes – a promotion in which the winners are selected by chance. Random Drawings – Consumer enters […]
Top Performing Gift Card Incentives
Gift card incentives can attract and engage customers, partners, and employees. They increase brand awareness, motivate sales teams, and so much more. People view gift card incentives like cash. They’re irresistible and can be used by anyone. Gift cards help build trust with your incentive program participants through brand recognition. Some of the top gift card brands incentive program participants love to claim are: Starbucks, Walmart, Sephora, Target, Amazon, and Chipotle. You can use either virtual or physical gift cards in your incentive program. Virtual gift cards have the added benefit of immediate redemption. We are living in a world that values instant gratification. Gift cards can be used for a variety of different types of incentive programs such as channel sales, health and wellness programs, sweepstakes, employee recognition, market research, and points-based programs. If implemented correctly, gift card incentives can help drive up your incentive program ROI. All Digital Rewards can help you select the right gift card and e-gift card products to reach your organization’s incentive objectives best. This will help encourage the behavior of your participants to achieve the results you want at a cost you can afford. All Digital Rewards offers gift cards from over 300+ […]
Top 2018 Corporate Wellness Trends
It’s that time – we are all gearing up for the new year already, getting through the holiday madness and planning for Q1. With all the busyness of the holiday season, health and wellness program participation tends to have a little bit of a decline, which is why staying up with the trends to entice your participants to get off to a good start next year is so important. When managing a successful corporate health and wellness program, it’s necessary to take ABE approach (Always Be Evolving) and work with a health and wellness incentive provider that understands services you are offering to assist them, and the appropriate incentives needed to modify the behavior to lift program uptake over last year. ABE is key to participation because they continuously need your active interest in their influencing motivation! Key considerations need to be reviewed every year to keep your workplace wellness program on track. Listed below is a handful of the top corporate wellness trends to incorporate into your program for 2018. This one’s a biggie. When presenting a more flexible work environment in exchange for program participation, you can bet that participants will be willing to engage. Offering teleworking or […]
