Pitney B

1.Why has Pitney Bowes devoted so much time and bullion to employee wellness at a time when many firms atomic number 18 cutting back on health benefits? Pitney Bowes had clear entropy that they had a significant amount of employees with hypertension, followed by diabetes, depression, asthma, osteoarthritis, and anxiety disorder. In terms of absolutely be, coronary artery disease was the around expensive, followed by osteoarthritis, depression, diabetes, hypertension, and congestive heart failure. Pitney Bowes believed that up to two-thirds of its health tie in personifys were indirect. In addition to absenteesm, presenteeism, or reduced productiveness at work, frequently accompanied illnesses affecting employees or their dependents. out-of-door estimates suggested that the costs of presenteeism linked to chronic disease were two to intravenous feeding times greater than the direct health assist costs for those conditions. Michael Critelli, Executive Chairman of Pitney Bowes, had a strong interest in health care and he succeeded on improving health while controlling spending. He said: When our employees become ill, it immediately affects our bottom line. We seek a complete alignment of incentives amid the company, the employee, and the providers and devices 2.

What are the major components of Pitney Bowes dodge for employee health? Pitney Bowes employee health strategy focused on four main sections: investing hard in employee health management staff; using info to shape plans, programs, and benefits; focusing on preventative care, wellness, and low cost treatment of chronic diseases; and offering choice and flexibility to employees. Although consultants a great deal advised Pitney Bowes to cut out salary expenses on the well-compensated benefits staff, Pitney Bowes kept eight people working on health plan design and wellness programs. Pitney Bowes viewed this team as an investment, remarking that other firms with little overhead costs had still higher health care costs. The Firm collected data... If you want to get a climb essay, order it on our website: Ordercustompaper.com

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