This week, MassPay kicks off its inaugural company-wide fitness challenge. For this challenge, the company has been divided into two teams, and each employee has been given a pedometer. Over the course of the next three months, each employee will report their total steps for the week. Come February, the team with the most steps wins. In addition to the pedometers, MassPay has purchased juicers for the break room, as well as compensates for employee gym memberships.
Contests such as these have many benefits for companies. This week alone, MassPayers have been eating healthier, going for walks together, and enjoying an over-all sense of friendly competition. Wellness programs are becoming more and more common in the workplace, as well as more sought after by potential employees. Incentives to take health assessments, fitness competitions, and outcome based compensations are all great ways to motivate employees to work towards healthier living. From the business owner’s perspective, promoting healthy living also has its benefits. Healthier employees tend to be more motivated and productive. According to Fidelity and the National Business Group on Health, nearly 90% of employers offer wellness incentives, or financial rewards or prizes to employees who work toward getting healthier. This number proves overwhelmingly that wellness plans in the workplace are beneficial to a company.
However, measuring the success of a wellness plan can be tricky. It is difficult to calculate a clear return on investment in terms of dollars spent versus dollars saved on direct health care costs, but most business owners would agree, wellness programs are universally considered to be an economically sound business decision. Like any other incentive program, employee participation is integral to success. This is a common road block for any wellness plan in the workplace: employees have to want to engage. Strong commitment from upper management is key to the success of any wellness plan. If employees see their management team excited about participating, they will be more likely to participate as well.
Above all else, a wellness plan acts as an office morale booster. They help to create a sense of team and a sense of competition, which leads to more driven individuals. If you have questions about setting up a wellness plan at your company, feel free to reach out to the folks at MassPay, where healthy living is motivating the team.
Oh, and Go Team Breakheart!