Employee Wellness Initiatives: Do They Pay Off?

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Employee Wellness Initiatives: Do They Pay Off? Nisheeth Pathak Head of Rewards & OD, Noor Investment Group
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    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 engagement

Transcript of Employee Wellness Initiatives: Do They Pay Off?

Page 1: Employee Wellness Initiatives: Do They Pay Off?

Employee Wellness Initiatives:Do They Pay Off?

Nisheeth PathakHead of Rewards & OD, Noor Investment Group

Page 2: Employee Wellness Initiatives: Do They Pay Off?

What is Employee Wellness?An employer approach to improving employees' health

Wellness Enhanced EmployeeEngagement

Return measured asratio

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Common Examples

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Linkage to Total Rewards

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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)

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Initiatives - Ramadan

Detection of Diabetes in this event

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Initiatives – Anti Smoking

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Initiatives – Pink Caravan

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Initiatives - Movember

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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

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Initiatives – Ergonomics*

* Study of how people physically interact with their work – fittingthe job, the equipment and the work environment to the worker

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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

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Workplace Built Around Wellness

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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

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Conclusion