employee wellness initiatives: do they pay off?
Post on 20-Sep-2014
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Presentation delivered at the 18th Compensation and Benefits Forum in Dubai in June 2014 by Nisheeth Pathak, Head of Rewards, Noor Investment Group. For more info: http://www.totalrewardsme.com/ • Overview of the development of employee wellness programmes – the rationale and links to total rewards • How to address diverse cultures and needs of employees and measure programme engagement levels • Ensuring ROI: linking wellness programmes to overall healthcare spend, productivity and employee engagementTRANSCRIPT
Employee Wellness Initiatives:Do They Pay Off?
Nisheeth PathakHead of Rewards & OD, Noor Investment Group
What is Employee Wellness?An employer approach to improving employees' health
Wellness Enhanced EmployeeEngagement
Return measured asratio
Common Examples
Linkage to Total Rewards
Employee Wellness @ NoorOctober celebrated as Wellness Month since 2012
Integral part of effort to build a healthier workplace andreduce healthcare expenses
Part of Employee Engagement Calendar
Co-owned by HR andEmployees’ Club(Wellness vertical)
Initiatives - Ramadan
Detection of Diabetes in this event
Initiatives – Anti Smoking
Initiatives – Pink Caravan
Initiatives - Movember
Initiatives – Health Screening• Free Physician Consultation• Free Dental Screening• Office Ergonomics -- Postural
Corrections, Workspace ErgonomicEvaluations by Physiotherapists
• Free Gynecology consultation*• Free Gastroenterology consultation*• Free Dermatology consultation*• Free Surgical Consultation*• Blood Pressure Check-up• BMI Check• Free Blood Sugar Check-up• Free Cholesterol Check up• Diet Advice
* if referred by Specialist Physician
Health screening foremployees, spouse and
children
Partnered with
Initiatives – Ergonomics*
* Study of how people physically interact with their work – fittingthe job, the equipment and the work environment to the worker
Other Initiatives
Fruit a day
Mid-Summer Wellness CampaignEmployees and families not utilizing insurancefrom August to October eligible. 85 employeesqualified; 15 winners through lucky draw.
Nestle Breakfast Event
Workplace Built Around Wellness
Early Trends
Helps build anemotionalbond
Sense ofresponsibility –greater cause
Drop in #People takingSick Leaves –66% in 2011 vs41% in 2013
2012 Claims ratio was93% - within cost forthe first time sinceinception
Evaluating EmployeeAssistance Programto supportemployees andfamilies in need
All initiatives low costor even free of cost;hence, higherpossibility of high ROI
AED 1.5 mm savings inmedical insurance premiumover 2 years
Conclusion