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Moen’s ROI: $3 To $4 For Every $1 Invested In Wellness Programs
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For every dollar spent on wellness
initiatives, Moen saves $3 to $4, the company found following a formal
study in 2005 of the impact on the bottom line from such programs.
The savings arise from reduced time away
from work and healthcare cost savings, the company said. For example,
the study found that while non-members spend about $46 for inpatient
visits per $100 spent, wellness members spend less than $5.
Of the 500 employees working in
Moen’s North Olmsted headquarters, nearly half belong to the
company’s on-site Wellness Center. Moen is a leading
manufacturer of faucets in North America.
The programs Moen offers are working
— not only for its associates — but for the
company, as well.
Examples of Moen’s programs
planned for this year include:
The "Fat Bowl"
Incentive Program — This program places Moen
associates in teams of four.
Similar to the popular TV show, "The Biggest
Loser," each Moen team earns points for exercising, eating healthy
foods and drinking water.
Every team is weighed-in on a weekly basis,
and the top two teams with the most points and the most weight lost go
to the Moen "Fat Bowl."
The winning team is crowned "The Biggest
Loser" and wins special prizes. The program was extremely popular last
year, officials said.
Maintain, Don’t
Gain — Targeting associates who are satisfied with
their current weight, this Moen program, which started in 2005,
encourages associates to use the Wellness Center three times per week
(earning points for each visit). Each participant is weighed in the
first week of the month, and if they maintain their weight they also
receive incentive points. After a designated time period, if the
participant has maintained their weight, they receive Moen merchandise,
such as fleece jackets or sweatshirts.
Exercise at Your Desk
— Don’t have time to take an hour away from your
desk? Not to worry. Moen will bring the exercise class to you. This
year, Moen’s Wellness Center manager will bring elastic bands
and light weights to a variety of departments to offer 10-minute
strength training programs.
Address: Moen Incorporated, 25300 Al Moen
Drive, North Olmsted, OH 44070; (440) 962-2000, www.moen.com.
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