Incentivizing Wellness
Last Updated Feb. 2020, by Allie Ilagan and Gabe Priyev
How much money should employers offer in an incentive-based wellness program?
Approaches to corporate wellness programs vary, but the most effective ones include financial incentives. Employers often struggle to understand how to structure an incentive, how much makes sense to offer, and what it will ultimately cost the company.
This research report will help employers understand the factors that make up these decisions, and evaluate which level of financial reward is most suitable.
Key insights:
- The four incentive program structures
- How financial utilization and employee participation relates to your bottom line
- Employee factors to consider
- Trends and recommendations for small, medium, and large businesses
