Question

In: Operations Management

Identify and explain each of the six domains that are measured when the VOI of an...

Identify and explain each of the six domains that are measured when the VOI of an Employee Health and wellness program is assessed

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Expert Solution

Six domains that are measured when the VOI of an Employee Health and wellness program is assessed :

  • Plan & Manage: Set up proper planning and execution as well as leadership support and buy-in from all levels of the company.
  • Clear Communication: Find different ways to make it very transparent what the drivers are for the program and that people matter more to the employer than productivity and the bottom line.
  • Holistic Wellness: Go beyond physical heath and take into consideration other life dimensions of employees, for example mental/emotional health, money, career, social connection, substance abuse, environment.
  • Many-Sizes-Fit-All: Create a mix of activities and niche options which are customizable to individual goals, motivations, and situational needs and preferences. Individual successes can have a widespread impact on employee morale and motivation.
  • Small Steps: Assume that many employees already have a busy life. Encouraging small steps instead of major changes will provide more consistent follow-through and increasing self-empowerment through small successes which will add up to big results over time.
  • Value Measurement: ROI of wellness programs is often challenging to measure. VOI (Value on Investment) can provide further insight and incorporate areas such as wellness culture, employee education, and health status, and utilize data from employee surveys and other sources. In general, it is critical to establish baseline data for the company and per employee before the program implementation.

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