Management

Sponsor this channel

Employers Increased Benefits

    Submitted by editor on Wed, 01/23/2013 - 11:36

    Improving Employee Health and Wellness

    More employers offered benefits that encouraged employees to improve their health in 2012, according to a survey released by the Society for Human Resource Management (SHRM) at its 2012 Annual Conference and Exposition in Atlanta. Over the last five years, benefits that reward employees for improving their health have jumped — a sign that organizations recognize employees, value these benefits, and are looking for ways to cut business costs.

    "Over the last five years, benefits that reward employees for improving their health have jumped!"

    For example, the percentage of employers offering health and lifestyle coaching jumped from 33 percent in 2008 to 45 percent in 2012, and rewards or bonuses for completing a health and wellness program increased from 23 percent in 2008 to 35 percent in 2012.

    SHRM’s 2012 Employee Benefits Survey found that, while most employee benefits stabilized this year, 73 percent of HR professionals reported that the economic downtown negatively impacted employee benefit offerings (11 percent to a large extent and 62 percent to some extent). This is more or less the same as in 2011, when 77 percent said the economy negatively affected benefits to some or a large extent.

     

    The annual benefits survey asked 550 randomly selected HR professionals about their organizations’ employee benefits in 12 sections: business travel, employee programs and services, family-friendly, financial and compensation, flexible working, healthcare and welfare, housing and relocation, leave, preventive health and wellness, professional and career development, retirement savings and planning, and other. HBM

     

    Colonial Life is the sponsor of the SHRM 2012 Employee Benefits survey report. Visit the research section of SHRM.org at http://www.shrm.org/surveys. Twitter: @SHRM_Research. Call Colonial Life at (803) 798-7000 or visit ColonialLife.com. Additional resource: www.HealthyWage.com. V19-6 Add:1/13 HP: 1/13/2013

     

    © Copyright 2012 Home Business Magazine. All Rights Reserved. Privacy Policy | Terms and Conditions
    Infoswell Media