February 17, 2015

Employee engagement, wellness top ’15 priorities

Businesses plan to increase communications with their employees and shell out more for wellness programs this year, according to the results of a new survey from Virgin Pulse, based in Framingham.

Many of these organizations are making these investments with an eye toward retaining employees, Virgin said in a statement, which addressed a new report that details the results of a survey of nearly 1,400 human resources management professionals.

The report, State of the Industry: Engagement & Wellness in 2015, conducted with Human Capital Media, the research arm of Workforce magazine, sought to gain a deep look at the state of the industry and discover how and why institutions are budgeting, implementing, measuring and improving employee engagement and wellness programs.

Among the findings:

  • The lion's share of firms - 77.4 percent - are not considering a shift to private health insurance exchanges;
  • There's a disconnect between how executives and managers view engagement and wellness: Executives tend to view employee engagement and wellness as analogous, while managers are more results-oriented when it comes to these specific programs; and
  • Twenty-six percent of organizations are not measuring return on investment. Of those that do, more than one-third (38 percent) measure the impact of wellness programs through reduction in insurance claims while more than a quarter (26 percent) are measuring through employee engagement gains.

"Modern life is taking its toll on employees and leaving them overwhelmed, stressed out, and depleted," Virgin Pulse CEO Chris Boyce said in a statement. "That has a major impact on how engaged and productive people are both on and off the job, so leading employers are taking steps to change that."

Comments

Type your comment here:

Today's Poll What's the first thing that should be done to fix the MBTA's problems?<>
ADVERTISEMENTS
Most Popular on Facebook
Copyright 2017 New England Business Media