Paying Employees To Exercise — Zogics HealthCash
We take wellness seriously at Zogics and employees earn $6.50 for each hour they exercise (up to $100 per month) to spend on health and wellness-related expenses. The program is called Zogics HealthCash, and the funds can be spent on gym memberships, exercise classes, personal trainers, massages, acupuncture, cryotherapy, spa visits, health diagnostics, mental health, fitness equipment, medical co-pays, and much more. The tech-based platform we use to run Zogics HealthCash on is called IncentFit
Workplace wellness is an essential part of our company culture. We cover 100% of employee health insurance premiums, built a company gym, subsidize the cost of joining a local organic CSA, give a $250 stipend each year to cover entry fees for athletic competitions, organize wellness challenges, give discounts on fitness equipment, and encourage mid-day exercise (we even have a shower in the office).
Studies have shown employers who invest in their employees’ wellness see, on average, a 28% decrease in sick days and a 26% reduction in health costs. The average return on investment (ROI) is $2.38 for every dollar spent on employee wellness, so it’s as good for the bottom line as it is for the people who work here.
Further, according to the American Psychological Association, 89% of employees are more likely to recommend their company if it has a workplace wellness program. Workforce Management Magazine notes that 77% of employees believe workplace wellness programs are a positive impact on company culture, and 87% of applicants consider workplace wellness programs when choosing an employer. In a competitive recruiting environment, a robust workplace wellness program can go a long way in setting your company apart from the competition.
If any business owners are interested in adopting any of our programs or building a company gym, feel free to reach out. We’re happy to share how we do things and what we’ve learned.
More on building our company gym here: https://bit.ly/37ijOp1 and facebook.com/thegymatzogics
Paul LeBlanc is a fitness enthusiast, a former member of the U.S. Cycling Team, and founder and CEO of Zogics.com, a leading facility supplier that helps businesses operate at their best. Customers across diverse industries rely on Zogics for products in a wide range of categories such as cleaning and disinfecting, indoor air quality, safety, and facility, along with services like personalized procurement, franchise vendor support, and inventory storage and management.
Paul is also the co-founder and managing director of ArdentFitness.com, a national supplier of fitness equipment for residential & commercial gyms, and the CEO of Zogics Pet, a manufacturer of premium pet care products made with organic, plant-based ingredients.
> Financial Times Americas’ fastest-growing companies
> Inc. 5000 list of fastest-growing private companies in the U.S.
> Inc. Magazine Best Workplaces in the U.S.
> 8th Best Dog-Friendly Company in the U.S.
Connect with Paul on LinkedIn and Strava.
