According to the newly released 2012 Compensation Data Utilities survey results, utilities employers are providing considerably more options to their employees concerning health and wellness programs. With prevention becoming the buzzword, organizations have taken steps to increase their employees’ health and wellness through various programs.
Two programs showing the most change are offering rewards or incentives and weight management programs. In 2011, 38.3 percent of organizations offered rewards or incentives compared to more than 52 percent in 2012. More than 45 percent of organizations offered weight management programs in 2011 compared to nearly 51 percent this year.
“Employers are recognizing the importance of healthy living for today’s workers,” said Amy Kaminski, director of marketing for Compdata Surveys, the nation's leading pay and benefit survey data provider. “Organizations are increasingly offering programs to support employees' total wellness.”
The number of utilities reporting giving away gift cards and fitness products has increased. The number of organizations reporting using HAS/HRA contributions as a reward has also increased from 34.9 percent in 2011 to nearly 36 percent in 2012. Nearly 11 percent of participating utilities reported utilizing insurance discounts as a reward in 2012.
The three biggest forms of alternative treatments offered remained the same as last year with chiropractic, nutritional counseling and acupuncture respectively taking the top three spots. More participants offered chiropractic treatments at 98 percent this year, up from 96.9 percent in 2011, while 27 percent of participants offered acupuncture this year. Nutritional counseling has gained popularity with utilities employers, increasing from 29.2 percent in 2011 to 32 percent this year.
About the Survey
Compensation Data 2012 Utilities contains data on 115 industry specific job titles and 400 benchmark job titles ranging from entry-level to top executives. Data was collected from more than 1,200 utilities reporting on more than 195,000 employees across the country. More than 34,000 companies in other industries provided data on 400 benchmark titles. The results provide a comprehensive summary of pay data, benefit information and pay practices with an effective date of February 1, 2012.
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.