TOTAL REWARDS IN PRACTICE

This assignment requires you to:
Use online calculators to determine what impact wellness programs might have on an organizations health care costs, absenteeism, and presenteeism. The assignment also shows the risks of doing nothing to try to curb those health insurance, absenteeism, and presenteeism costs.
To carry out the assignment, you are required to:

Complete 3 tablesone each for Health Care Costs, Absenteeism, and Presenteeism.

Use relevant data that you find from reputable sources for annual health care costs, number of employees, percent obese, and percent smokers. [If you cannot readily find actual data from searching sources, use fictitious data that seems realistic to you.] Select your own targets for percent obese and percent smokers.
To utilize your quantitative reasoning skills, it is important you analyze, synthesize, and accurately report your findings in a 3-page paper (not counting the title page, reference page, or appendices).

Feel free to use the same data for each table, but you should try to use examples of data that show significant differences when calculated.
Follow this link to the calculators: https://www.wellsteps.com/roi/

Additional information can be found at https://www.wellsteps.com/resources/tools/.
Calculate the possible impact on health care costs, absenteeism, and presenteeism of wellness programs.
Prepare three tables in Word to show the data you choose. Your tables should be set up like this:
Health Care Costs:

Health Care Costs:

Annual Health Care Costs

Annual Cost Increase

Number of Employees

% of employees obese

% that are smokers

Target percent obese

Target percent smokers

2019

 

 

 

 

 

 

 

2020 projected

 

 

 

 

 

 

 

2025 projected

 

 

 

 

 

 

 

Absenteeism:

Absenteeism:

Annual Health Care Costs

Annual Cost Increase

Number of Employees

% of employees obese

% that are smokers

Target percent obese

Target percent smokers

2019

 

 

 

 

 

 

 

2022 Do Nothing

 

 

 

 

 

 

 

2022 Wellness Program Impact

 

 

 

 

 

 

 

2025 Do Nothing

2025 Wellness Program
Impact

Presenteeism:

Presenteeism:

Annual Health Care Costs

Annual Cost Increase

Number of Employees

% of employees obese

% that are smokers

% of employees 1 or more risk factor.

Target percent obese

Target percent smokers

2019

 

 

 

 

 

 

 

 

2022 Do Nothing

 

 

 

 

 

 

 

 

2022 Impact of Wellness

 

 

 

 

 

 

 

 

2025 Do Nothing

2025 Impact of Wellness Program

Using critical thinking skills to prepare your narrative, you should summarize and analyze the data. Do not merely repeat the numbers without analyzing the findings and making recommendations for employers (and employees).
The paper you submit should include:

Title page
Three-page narrative, complete with a strong introduction and conclusion. Utilize at least two sources from the Trident Online Library as you develop the narrative. Include in-text citations following APA guidelines.
References page: Include your reference list on the next page that follows your narrative. List each source on the References page in APA format.
Appendices: Create three appendices, one each for Health Care Costs, Absenteeism, and Presenteeism. Include at least one graph to go along with each of the three tables (appendices). Clarify for your reader which graph relates to health care costs, absenteeism, and presenteeism.