With prevention becoming the buzzword, utility organizations have taken steps to increase their employees’ health and wellness through various programs. The newly released 2011 Compensation Data Utilities survey results show that programs offered to improve employees’ health have increased in many areas. Two of the programs showing the most change are organizations offering rewards and incentives for wellness and biometric screening. In 2010, 31.9 percent of organizations offered rewards and incentives compared to 38.3 percent in 2011, while 26.1 percent of organizations offered biometric screening in 2010 compared to 30.8 percent in 2011.
Along with the increase in organizations offering rewards, the allotment of these awards has changed in the last year. The number of organizations reporting giving away HSA/HRA contributions and rewards of health and fitness products has decreased. However, the number of organizations reporting using gift cards as a reward has increased from 42.5 percent in 2010 to 53.5 percent in 2011. The amount of organizations reporting utilizing insurance discounts as a reward also increased from 10 percent in 2010 to 14 percent in 2011, while 11.6 percent of organizations gave away debit cards compared with 7.5 percent in 2010.
The three biggest forms of alternative treatments offered were chiropractic, nutritional counseling and acupuncture. Chiropractic treatments were offered by 96.9 percent of organizations. Nutritional counseling was offered by 29.2 percent of organizations, and acupuncture treatments were offered by 27.1 percent of organizations.
About the Survey
Compensation Data 2011 Utilities surveyed 115 industry specific job titles and 350 benchmark job titles ranging from entry-level to top executives. Data was collected from 130 utility employers reporting on over 3,700 locations across the country. The results provide a comprehensive summary of pay data, benefit information and pay practices with an effective date of January 1, 2011.
Compdata Surveys is the nation’s leading compensation and benefits survey data provider. Thousands of U.S. organizations provide data each year ensuring the reliability of our results. Compdata Surveys has been providing comprehensive data at affordable prices to organizations from coast to coast since 1988. For further information about the compensation and benefits surveys, contact Michelle Willis at (800) 300-9570.