Create High Employee Wellbeing and Engagement while Managing Costs and Risk
Today’s employees expect more from their work and more from their employer. Beyond compensation and job security, they are looking for a role that enables them to do what they do best at a company with a great brand reputation, while also maintaining a work-life balance and better personal wellbeing.
CBIZ helps organizations create such an environment through Total Rewards — a combination of compensation, benefits and employee experience — to improve workforce wellbeing and engagement.
Lack of wellbeing is the number one contributor to rising employee health care costs, making the improvement of workforce health a business imperative. Through our experience working with thousands of generationally and geographically diverse employee groups, we’ve found organizations that make a commitment to positively impact employee wellbeing and engagement 1) thrive in a highly competitive work environment and 2) have greater ability to attract and retain their workforce.
By emphasizing the five components of wellbeing (purpose, social, community, financial and physical) organizations are more likely to reap the benefits of a thriving workplace culture through higher productivity, decreased absenteeism and higher profitability.
Employer of Choice
Working together, we’ll co-create a wellbeing and engagement plan that supports your business goals, your culture and your environment to help you align employers/payers, providers and consumers with a value-based payment system that raises accountability for quality and cost of care. In addition, we’ll help you be proactive through the implementation of population health management strategies, which will allow you to foster improved outcomes down the line.
We will also assess needs, risk and priorities using behavioral economics, communications and technology to drive engagement and a long-term commitment to sustain healthier behaviors through education and personal empowerment.
We can help you engage and empower wellbeing by:
- Aggregating employee data into a single actionably strategy aimed at optimizing wellbeing
- Utilizing data analytics to identify condition-specific program enhancements
- Encouraging positive changes through monthly wellbeing communications, including Wellbeing Insights eMagazine & Self-Care Calendar.
- Recommending and collaborating with vendor partners to evaluate & improve clinical and financial outcomes.
- Guiding modifications in work environment to help employees sustain healthy lifestyles
- Assisting with implementation to educate and empower employees
- Empowering managers to re-humanize the workplace and help employees grow
Statistics show employees with strong overall wellbeing are 6x more likely to be engaged compared to those with low wellbeing. Employees with strong overall wellbeing are 32% more likely to stay with a company. Employers also deliver better results with 21% higher productivity and 22% higher profitability.
Check out our most recent monthly issue of Wellbeing Insights and our most recent wellbeing-focused blog posts, offering practical tips to invoke positivity in the workplace each day.