Vigor Source’s Established Benchmarks:<br />Create Wellness Team <br />	Consultant staffing <br />Means of collecting data...
Why should you consider Contracting a certified wellness Company?<br /><ul><li>Average 28% reduction in sick leave absentees
 Average 26% reduction in Health costs
Average 30% reduction in worker’s Compensation and </li></ul> Disability management claims cost<br />
Vigor Source’s Moto<br />Enhance productivity, staff morale, corporate profits and general well being in workplace.<br />H...
Who will Benefit in your organization?<br /><ul><li> Employees who:
 are over weight or have difficulty maintaining healthy weight
 Want to develop a lifestyle that will prevent development of chronic disease
 want to eat right to look and feel their best
 want straight answers based on nutrition research
 need nutrient dense, low-cost meal plans
 want to eat to enhance physical performance and endurance
 have cancer, cardio vascular dieses, diabetics, or osteoporosis that </li></ul>requires nutrition therapy<br /><ul><li>Se...
Health Risk Impact onBottom Line Continued…<br />General industry trends and current experiences: <br /> ROI (return on i...
Smallbiz Potential Return On Investment (ROI)::<br />
Consultant Scheduling::<br />
Future Developments and Improvements Regarding Financial Metrics:<br />Currently the only solidly determinable financial r...
MIS Services Provided by Vigor Source<br />Database design, development, and deployment<br />Click ‘n Mortar::  onsite c...
Legal Compliance:    Employer-based Wellness Programs Must Comply with ‘Acts’ and ‘Codes’ of the Law<br />
Initiatives:    Federal and State Benefits/ allowances for Qualified    Employer-based Wellness Programs<br />
Participation:    Employee Participation and Metrics<br />
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Vigor Source 4 27 09 Presentation

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Presentation for Project created for my Program/Project Management course.

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  • Introduce ourselves:: Rebecca Paris [Vigor Source DBA, Contract Manager], MohdUddin [Webmaster]
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  • Spin off inter-personal/business relations (collaboration btw Smallbiz &amp; Vigor Source)
  • Increased opportunity to engage and encourage employee participation…more likely to respond/participateSome sense privacy; gather info and….embarrassment reduction
  • Survey tool for employers to keep abreast of what employees use more frequently (where money need), interests and future expansion, endeavors
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  • Vigor Source 4 27 09 Presentation

    1. 1.
    2. 2. Vigor Source’s Established Benchmarks:<br />Create Wellness Team <br /> Consultant staffing <br />Means of collecting data <br />Crafting an operating plan<br />Choose interventions and programs<br /> a. Legal compliance<br /> b. Tax initiatives <br />Employee survey results <br />Create Supportive Environment <br />Consultant team, onsite <br />Select/Volunteer dept sponsor/liaison <br />Web site <br />Consistently evaluate outcome <br /> a. database design/development<br />
    3. 3. Why should you consider Contracting a certified wellness Company?<br /><ul><li>Average 28% reduction in sick leave absentees
    4. 4. Average 26% reduction in Health costs
    5. 5. Average 30% reduction in worker’s Compensation and </li></ul> Disability management claims cost<br />
    6. 6. Vigor Source’s Moto<br />Enhance productivity, staff morale, corporate profits and general well being in workplace.<br />Health risk reduction, job safety, fitness and exercise activities, reduction of copayment or premium.<br />
    7. 7. Who will Benefit in your organization?<br /><ul><li> Employees who:
    8. 8. are over weight or have difficulty maintaining healthy weight
    9. 9. Want to develop a lifestyle that will prevent development of chronic disease
    10. 10. want to eat right to look and feel their best
    11. 11. want straight answers based on nutrition research
    12. 12. need nutrient dense, low-cost meal plans
    13. 13. want to eat to enhance physical performance and endurance
    14. 14. have cancer, cardio vascular dieses, diabetics, or osteoporosis that </li></ul>requires nutrition therapy<br /><ul><li>Seek answers to environmental nutrition issues</li></li></ul><li>How a Partnership with Vigor Source Can Boost Your Bottom Line?<br />According to the Surgeon General: <br /> the following risks currently translate into the following employer costs:<br /> each smoker = $960<br /> each overweight employee = $401<br /> each employee with high cholesterol = $370<br /> each employee with high blood pressure = $343<br /> each inactive/sedentary employee = $130<br />  the following risks impact on lost productivity :<br /> cardiovascular disease and stroke = $142.5 billion<br /> obesity = $56 billion<br /> diabetes = $54 billion<br />
    15. 15. Health Risk Impact onBottom Line Continued…<br />General industry trends and current experiences: <br /> ROI (return on investment):<br /> Stanford University survey:: $1.49 to $4.91 for every $1.00 invested<br /> Ipsos survey:: $2.30 to $10.10 for every $1.00 invested<br /> Meta-review of 42 studies:: median of $5.93 for every $1.00 invested<br /> Motorola:: median of $3.93 for every $1.00 invested<br />  Reductions in filed claims:<br /> in 24 months, Northeast Utilities reduced their claims by $1.4 million<br />  Projected long-term savings:<br /> Caterpillar projects saving $700 million by 2015<br />  Average annual health care savings:<br /> Johnson&Johnson is saving $224.66 per employee<br />
    16. 16. Smallbiz Potential Return On Investment (ROI)::<br />
    17. 17. Consultant Scheduling::<br />
    18. 18. Future Developments and Improvements Regarding Financial Metrics:<br />Currently the only solidly determinable financial return is return on investment (ROI). Other financial metrics are still being studied, developed and evaluated for future effective deployment. <br />
    19. 19. MIS Services Provided by Vigor Source<br />Database design, development, and deployment<br />Click ‘n Mortar:: onsite consultant staffing and web-<br /> base services available 24/7<br />
    20. 20. Legal Compliance: Employer-based Wellness Programs Must Comply with ‘Acts’ and ‘Codes’ of the Law<br />
    21. 21. Initiatives: Federal and State Benefits/ allowances for Qualified Employer-based Wellness Programs<br />
    22. 22. Participation: Employee Participation and Metrics<br />
    23. 23. Why click ‘n mortar?<br />Using technology in innovative ways to :<br /> keep connected with customers <br /> onsite consultant staffing<br /> provide 24/7 accessibility to <br /> information for making informed <br /> healthy choices. <br />They can stay up to date with our product, services, and news. <br />They will be able to use self service tools to evaluate progress of their current life style.<br />
    24. 24. Successful Customer Service via the Internet<br />1. Give Value to Customers<br />2. Focus on Win-Win Situations<br />3. Focus on Customer Service<br />4. Team Up with the Right Partners<br />5. Design the Web Site with Customers in Mind<br />
    25. 25. Employee Responsiveness…..<br />EOIP<br />Encourage<br /> Employee<br /> Engage<br />Opportunity<br /> Increase<br /> Participation<br />
    26. 26. Cont…<br />The National geographic society (2000) did a survey and found that 80,0012 users <br />From 178 countries spend at least 44 minutes at any given time answering the<br /> survey questions.<br />
    27. 27. Realistic Success<br />
    28. 28.
    29. 29. Assumptions and Their Impact:<br />Assumptions: At least one, or all of the tax initiatives being considered by Congress will be passed into law.<br />Impact if assumption is incorrect: Smallbiz Company may incur full tax accountability.<br />
    30. 30. In Summary:<br />In completing this project, we hope to provide and/or establish:<br />Improved health/wellness of Smallbiz employees; therefore, Smallbiz’s productivity<br />Guidance and direction on employee nutrition, health and worksite health promotion programming<br />Advocating to provide health and nutrition education at every level within the organization – top management, program development, and implementation<br />
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