3. Kaduceus
Consulting
• The
Caduceus
is
the
symbol
for
Hermes,
the
Greek
god
of
Travel.
• Coincidentally,
it’s
also
the
symbol
for
medicine.
• Vacation
travel
is
medicine
for
employees
– Mental,
physical,
emotional,
and
spiritual
• We’ve
designed
it
with
businesses
in
mind
– Help
reduce
current
workforce
issues
– For
the
first
time
ever,
capture
an
ROI
for
PTO
Rovia Corporate
Services
Confidential 3
4. Human
Risk
• 12,338
men
become
at
risk
of
heart
disease,
those
who
did
not
take
regular
vacations
were
more
likely
to
die
over
a
9-‐year
period.
• 55%
of
workers
who
didn’t
take
all
their
PTO
experienced
high
levels
of
feeling
overworked.
• Stress
threatens
people’s
wellness,
affecting
the
immune
system,
cardiovascular
health,
emotional
well-‐being
and
overall
quality
of
life.
Rovia
Corporate
Services
Confidential 4
5. Financial
Risks
• American
employees
surrender
$52.4
billion
in
benefits
and
vacation
time.
• Americans
failed
to
use
a
total
of
$429
million
days
of
paid
time
off.
Costing
the
U.S.
economy
$160
billion
in
spending
that
could
support
1.2
million
jobs
in
multiple
industries.
• Prevention
services
and
poor
health
conditions,
contribute
to
higher
expenses
for
health
care.
• America’s
work
martyrs
aren’t
more
successful.
• Burned
out
employees
cost
over
1.5x
their
annual
salary;
cost
of
hiring,
downtime,
training
costs,
etc…
Rovia
Corporate
Services
Confidential 5
6. Vacation
is
Medicine
• Stimulates
the
imagination,
and
makes
us
have
something
to
look
forward
to.
• Vacations
are
a
way
to
increase
the
quality
of
time
spent
with
family
and
loved
ones.
• Vacations
are
the
perfect
formula
to
avoid
high
health
care
costs
and
save
money.
• Taking
a
leave
is
the
primary
way
to
prevent
burnout,
improving
physical
and
mental
health.
Rovia
Corporate
Services
Confidential 6
7. About
Rovia
• Division
of
Rovia,
LLC
– 28-‐year
heritage
in
Leisure
&
Corporate
Travel
– Serving
30
countries
around
the
world
– Industry
Affiliations
• ARC,
CLIA,
IATAN,
ASTA,
etc.
– Awards
• World
Travel
Awards
(4-‐years
running),
Travel
Weekly,
Carnival
Cruise
Lines,
Apple
Vacations
– Online
Travel
Agency,
Group
Travel
and
Vacation
Membership
Rovia
Corporate
Services
Confidential 7
9. What are your priorities?
1. Attracting & retaining top talent
2. Promoting employee engagement
3. Increasing productivity
4. Curtailing rising cost of healthcare
10. What We Believe
At Kaduceus Consulting, we believe that
happy, engaged employees fuel
extraordinary business results.
Experts Agree...
Happy, engaged employees create—and
sustain—success for their employers. And
with a $300 billion price tag annually in the
United States1, the time to curb job stress
is now. That’s where we come I
n.
1 World
Health
Organization,
1999
http://www.businessnewsdaily.com/2267-‐workplace-‐stress-‐health-‐epidemic-‐
perventable-‐employee-‐assistance-‐programs.html
Why Rovia
Business
Optimization
11. Is Rovia right for your organization?
Engaged employees
have a positive outlook,
are more productive and
have better customer
service. As a result, your
business will have
increased sales and
improved moral.
14. Reward and recognize top performers
Rank:
3
Previous
rank:
9
2011
revenue
($
millions):
$620
CHG
Healthcare
Services
What
makes
it
so
great?
Employees
of
this
medical
staffing
firm
compete
in
talent
shows,
trivia
contests,
and
activities
like
a
Dress
As
Your
Favorite
President
competition.
Extra
paid
time
off is
given
to
sales
teams
that
meet
their
goals.
New
this
year:
two
on-‐site
health
centers
15. Attracting,
Recruiting
and
Retaining
• March
2013
Study
by
Ipsos Public
Affairs
– 67%
of
Americans
say
vacation
is
the
most
preferred
activity
they
want
in
their
budget
– Virtually
tied
for
second
place
were
dinner
out
every
two
weeks,
maximizing
contributions
to
401K
plans
and
spending
more
on
hobbies
• “…companies
are
switching
over
to
unlimited
vacation
to
motivate
employees
and
edge
out
rivals
for
talent.”
-‐ Bloomberg
Businessweek,
July
2012
Rovia
Corporate
Services
Confidential 15
16. Productivity
• A
2006
Ernst
&
Young
study
found
that
for
each
additional
ten
hours
of
vacation
employees
took,
their
performance
reviews
were
8
percent
higher
the
following
year.
-‐ http://www.theenergyproject.com/blog/more-‐vacation-‐secret-‐sauce#sthash.jsHKzrpX.dpuf
• NASA
scientists
using
testing
tools
usually
reserved
for
astronauts
found
that
vacationers
experienced
an
82%
increase
in
job
performance
post-‐trip.
-‐ Bloomberg
Businessweek -‐ May,
2007
Rovia
Corporate
Services
Confidential 16
17. Healthcare
Costs
• Stress
adds
46%
to
annual
healthcare
premiums.
Depression
adds
70%.
Stress
and
depression
together
add
147%.
-‐ WebMD
&
University
of
Maryland
• Men
who
regularly
took
vacation
had
a
32%
reduction
in
heart
attacks,
and
among
women
the
difference
was
50%.
-‐ Framingham
Heart
Study
Rovia
Corporate
Services
Confidential 17
18.
19. A
NEW
APPROACH: BETTER
VACATIONS
MORE
VACATIONS
STRESS-‐FREE
VACATIONS
20. Current
Situation
Confidential
-‐ Not
for
Disclosure 20
Payroll
&
Benefits
Number
of
Employees: 10
Average
Annual
Income: $30,000
Benefits
Cost
as
%
of
Payroll: 18%
Payroll
Taxes
as
%
of
Payroll: 7%
Annual
Vacation
Days: 10
Annual
Prsnl/Optional
Days: 5
Annual
Observed
Holidays: 10
See
the
Financials
Total
Annual
Payroll: $300,000
Annual
Loaded
Labor
Cost*: $354,000
Fully
Loaded
Labor
Cost**: $375,000
Avg.
Hourly
Wage: $14.42
Loaded
Avg.
Hourly
Cost*: $17.02
Fully
Loaded
Avg.
Hourly
Cost**: $18.03
Annual
Cost
of
PTO
for
Vacation: $14,423.08
Annual
Cost
of
Psrnl
Days: $7,211.54
Annual
Cost
of
Observed
Holidays: $14,423.08
Aggregate
Cost
of
PTO: $36,057.69
*
Excludes
federal,
state
and
local
taxes
**
Includes
federal,
state
and
local
taxes
21. Adding
Rovia Escapes
Confidential
-‐ Not
for
Disclosure 21
Incremental
Cost
of
RECP: $2,999
RECP
as
%
of
Payroll: 1.000%
RECP
as
%
of
Loaded
Labor*: 0.847%
RECP
as
%
of
Fully
Loaded
Labor**: 0.800%
RECP
as
a
%
Raise
to
Employee: 1.000%
RECP
as
Hourly
Raise: $0.1442
22. Financial
Analysis
• Paid
Time
Off
– Average
of
4.9%
of
employees
salary
• Annual
Personnel
Costs
– .5%
First
Year
Increase
– .47%
in
Subsequent
Years
($300/year)
Confidential
-‐ Not
for
Disclosure 22
23. Results
• Promote
employee
engagement
• Increase
volume
of
sales
• Safer
workplace
and
increased
productivity
• Curtail
rising
cost
of
healthcare
• Attract
and
retain
top
talent
Confidential
-‐ Not
for
Disclosure 23
24. Getting
Started
• Meet
individually
to
determine
effectiveness
within
your
business
model
and
operations
• Select
Types
and
Numbers
of
Memberships
• Simple
Set-‐up
and
Administration
• Track
and
monitor
program
success
…and
We’ll
be
With
You
Every
Step
of
the
Way…
Confidential
-‐ Not
for
Disclosure 24
25. The first human capital program for employee wellness and productivity
