Vigor Source 4 27 09 Presentation
- 2. Vigor Source’s Established Benchmarks:Create Wellness Team Consultant staffing Means of collecting data Crafting an operating planChoose interventions and programs a. Legal compliance b. Tax initiatives Employee survey results Create Supportive Environment Consultant team, onsite Select/Volunteer dept sponsor/liaison Web site Consistently evaluate outcome a. database design/development
- 3. Why should you consider Contracting a certified wellness Company?Average 28% reduction in sick leave absentees
- 4. Average 26% reduction in Health costs
- 5. Average 30% reduction in worker’s Compensation and Disability management claims cost
- 6. Vigor Source’s MotoEnhance productivity, staff morale, corporate profits and general well being in workplace.Health risk reduction, job safety, fitness and exercise activities, reduction of copayment or premium.
- 7. Who will Benefit in your organization? Employees who:
- 8. are over weight or have difficulty maintaining healthy weight
- 9. Want to develop a lifestyle that will prevent development of chronic disease
- 10. want to eat right to look and feel their best
- 11. want straight answers based on nutrition research
- 12. need nutrient dense, low-cost meal plans
- 13. want to eat to enhance physical performance and endurance
- 14. have cancer, cardio vascular dieses, diabetics, or osteoporosis that requires nutrition therapySeek answers to environmental nutrition issuesHow a Partnership with Vigor Source Can Boost Your Bottom Line?According to the Surgeon General: the following risks currently translate into the following employer costs: each smoker = $960 each overweight employee = $401 each employee with high cholesterol = $370 each employee with high blood pressure = $343 each inactive/sedentary employee = $130 the following risks impact on lost productivity : cardiovascular disease and stroke = $142.5 billion obesity = $56 billion diabetes = $54 billion
- 15. Health Risk Impact onBottom Line Continued…General industry trends and current experiences: ROI (return on investment): Stanford University survey:: $1.49 to $4.91 for every $1.00 invested Ipsos survey:: $2.30 to $10.10 for every $1.00 invested Meta-review of 42 studies:: median of $5.93 for every $1.00 invested Motorola:: median of $3.93 for every $1.00 invested Reductions in filed claims: in 24 months, Northeast Utilities reduced their claims by $1.4 million Projected long-term savings: Caterpillar projects saving $700 million by 2015 Average annual health care savings: Johnson&Johnson is saving $224.66 per employee
- 16. Smallbiz Potential Return On Investment (ROI)::
- 18. Future Developments and Improvements Regarding Financial Metrics:Currently the only solidly determinable financial return is return on investment (ROI). Other financial metrics are still being studied, developed and evaluated for future effective deployment.
- 19. MIS Services Provided by Vigor SourceDatabase design, development, and deploymentClick ‘n Mortar:: onsite consultant staffing and web- base services available 24/7
- 20. Legal Compliance: Employer-based Wellness Programs Must Comply with ‘Acts’ and ‘Codes’ of the Law
- 21. Initiatives: Federal and State Benefits/ allowances for Qualified Employer-based Wellness Programs
- 22. Participation: Employee Participation and Metrics
- 23. Why click ‘n mortar?Using technology in innovative ways to : keep connected with customers onsite consultant staffing provide 24/7 accessibility to information for making informed healthy choices. They can stay up to date with our product, services, and news. They will be able to use self service tools to evaluate progress of their current life style.
- 24. Successful Customer Service via the Internet1. Give Value to Customers2. Focus on Win-Win Situations3. Focus on Customer Service4. Team Up with the Right Partners5. Design the Web Site with Customers in Mind
- 25. Employee Responsiveness…..EOIPEncourage Employee EngageOpportunity Increase Participation
- 26. Cont…The National geographic society (2000) did a survey and found that 80,0012 users From 178 countries spend at least 44 minutes at any given time answering the survey questions.
- 29. Assumptions and Their Impact:Assumptions: At least one, or all of the tax initiatives being considered by Congress will be passed into law.Impact if assumption is incorrect: Smallbiz Company may incur full tax accountability.
- 30. In Summary:In completing this project, we hope to provide and/or establish:Improved health/wellness of Smallbiz employees; therefore, Smallbiz’s productivityGuidance and direction on employee nutrition, health and worksite health promotion programmingAdvocating to provide health and nutrition education at every level within the organization – top management, program development, and implementation
Editor's Notes
- #2: Introduce ourselves:: Rebecca Paris [Vigor Source DBA, Contract Manager], MohdUddin [Webmaster]
- #3: Rebecca
- #4: Mohd
- #5: Mohd
- #6: Mohd
- #7: Rebecca
- #8: Rebecca
- #9: Rebecca
- #10: Rebecca
- #12: Rebecca
- #14: Rebecca
- #15: Rebecca
- #17: Spin off inter-personal/business relations (collaboration btw Smallbiz & Vigor Source)
- #18: Increased opportunity to engage and encourage employee participation…more likely to respond/participateSome sense privacy; gather info and….embarrassment reduction
- #19: Survey tool for employers to keep abreast of what employees use more frequently (where money need), interests and future expansion, endeavors
- #20: Mohd
- #22: Rebecca
- #23: Rebecca Mohd