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-- Telemedicine, Weight-Management, Stress-Reduction, Other Progressive, 24/7 Programs on the Rise --
LOS ANGELES, April 23, 2018 — From telemedicine and stress reduction to weight management and health advocacy programs, today’s employers are providing a dramatic increase of progressive health plans, tailor-made to the always working workforce, according to a recent analysis conducted by WorldatWork with underwriting support from Korn Ferry (NYSE: KFY).
“The Inventory of Total Rewards Programs and Practices” study reveals that while there haven’t been substantive changes in traditional benefits, companies are increasingly offering more progressive health benefits to meet the needs of an evolving, always-on workforce.
“Companies are trying to keep up the pace and offer health plans suited for the hyper-connected, lightning-quick pace of today’s global workforce,” said Korn Ferry Senior Principal Robert Swatland. “Employees are accustomed to having 24/7 access to information. Benefits that offer anytime, anywhere access to meet a wide range of health and wellness issues are becoming increasingly popular.”
“With a tight labor market and fierce competition for qualified talent, organizations are becoming more creative in offering unique health and wellness benefits to help them enhance talent attraction and retention efforts,” said Alison Avalos, Director of Research and Certification for WorldatWork.
Topping the list of programs that saw a significant increase in prevalence year-over-year
(10 percent or more increase) were:
Other notable increases included health coaching (from 63 percent to 72 percent), on-site and virtual health fairs (from 55 percent to 64 percent), nutrition counseling (from 57 percent to 66 percent), biometric/wellness screenings (from 69 percent to 77 percent), and lactation support services (65 percent to 71 percent).
About Korn Ferry
Korn Ferry is a global organizational consulting firm. We help companies design their organization – the structure, the roles and responsibilities, as well as how they compensate, develop and motivate their people. As importantly, we help organizations select and hire the talent they need to execute their strategy. Our approximately 7,000 colleagues serve clients in more than 50 countries.