November marked 35 years in business for us here at Roebuck Advertising. We invite you to click the link below to read a special section about our founding and the historical significance of the year of our birth.
Click here to read the story
Corporate Wellness Incentives Reduce Costs
Corporate wellness programs that offer employees rewards can help significantly reduce the cost of health care, according to a new report released. Data shows that wellness incentive programs result in company savings-to-cost ratios of more than $3 saved on health care costs for each $1 invested. "Less than one in five employees will participate in wellness programs that do not offer rewards," said Rodger Stotz, spokesperson for the Incentive Research Foundation (IRF), which published the report. "This changes dramatically when incentives are offered – four in five will participate. Clearly all businesses should consider this when looking at their wellness efforts."
The report, which examines existing research and case studies regarding workplace wellness programs, also cites the success of specific companies. For example, IRF research shows Johnson & Johnson saves an estimated $9 million to $10 million in health care costs every year as a result of its wellness program. Data also shows Citibank realizes a health care cost savings of up to $4.73 for each dollar it spends through its health management program. Finally, IRF says Union Pacific Railroad's medical self-care program achieved cost savings of $2.78 for every dollar invested by reducing inappropriate emergency room and outpatient visits.
"The U.S. is spending about $2.5 trillion per year on health care," Stotz said. "As much as 75% of that is spent on preventable conditions, so the potential savings through preventative health care measures that include workplace wellness programs could be as high as $1.9 trillion per year. And this doesn't even consider productivity gains or worker quality of life improvements."
According to the IRF report, 93% of large companies (5,000+ employees) already sponsor some form of a worksite wellness program. Further data cited by IRF shows 61% of current purchasers of vendor-supported programs view wellness incentives as a "must have" within their organizations and 89% predict a trend toward more similar initiatives.
Give us a call for more information about how a promotional wellness program can help your company achieve these kinds of results.
*Reprinted from a Counselor Magazine article dated August 2011
Click here to view an Employee Wellness website that we did.
FEATURED CLIENT
Our featured client is ServiceMaster of Spartanburg, founded 45 years ago as the first ServiceMaster in the upstate South Carolina area. Their main services include Fire Damage Restoration, Water Damage Restoration, Carpet and Upholstery Cleaning, Mold Remediation and Air Duct Cleaning.
You might have picked up or written with one of their bright yellow pens. Freida Barnes and the rest of the staff at ServiceMaster swear by the Javelina Tropical Pen. "Everyone loves our pens," says Freida. And they are priced to distribute in large quantities at just $.40 each.
Find out more at www.servicemasterofspartanburg.com or call them at 864-574-3133. For more information about this pen, or for other great economical promotional solutions, give us a call at 864-574-2855.