Professional Documents
Culture Documents
In-Class Activity 8
In-Class Activity 8
In-Class Activity 8
Explain
The Health Transformation Alliance (HTA) and its member companies' initiatives will
likely be seen favorably by employees. These initiatives aim to reduce the cost and raise the
quality of health benefits for workers, which may result in better medical results and possibly
less financial burden for workers and their families.
The focus on client engagement and the use of data and analytics to objectively identify the best
providers and procedures point to a commitment to delivering high-quality healthcare to
employees at a price that keeps costs under control. In addition, a proactive approach to
employee well-being can be seen by focusing on preventive measures, such as identifying which
employees are more likely to develop illnesses.
Additionally, as shown by Cummins, Inc.'s instance, efforts to address the abuse of prescribed
opioid pills and identify alternative pain management techniques show a sincere concern for the
health and safety of the company's workforce.
When everything is considered, these programs show a move toward proactive, data-driven
healthcare management, which may result in better health outcomes and lower healthcare
expenditures for staff members and their families.
2. Mention and suggest new ideas for other ways to use data to improve the cost-
effectiveness and quality of health-related employee benefits.
Businesses can use data in many ways to further enhance the quality and cost-
effectiveness of health-related benefits for workers. Below are some of the ideas:
Personalized Health Campaigns: Data analytics can be used to guide the creation of programs,
offer opportunities for personalization, and increase participation. Organizations can create
focused projects and training to address priority concerns by evaluating biometric screening
results, assessing health care claims, and creating collective personal health profiles.
Improved Quality and Personalized Care: Medical professionals can access complete patient
health records, genetic information, and real-time physiological data, resulting in more accurate
diagnoses and customized treatment plans. Companies might investigate how to include this kind
of individualized treatment in their benefits packages for workers' health.
3. Utilize search and online tools to share 3 Examples of Canadian Organizations that
Utilize the Best Total Rewards, and elaborate on your own opinion on why you consider
them the Best
Based on the search results, here are three Canadian organizations that are recognized for
utilizing the best total rewards:
a. Calgary Total Rewards Network: This not-for-profit, volunteer-based entity has
been recognized for its efforts in the field of total rewards. While specific details
about why it is considered the best are not provided, the fact that it is a not-for-profit
organization run by volunteer professionals suggests a solid commitment to the well-
being of employees and a focus on delivering valuable rewards.
b. Niagara Casinos: This organization has been acknowledged for having one of
the best pension plans across all gaming properties in Ontario. The company's focus
on offering savings events, retirement education, and ongoing plan information to
ensure everyone understands the plan and its impact on their future demonstrates a
commitment to employee financial well-being and long-term security.
c. Centurion Asset Management: This company has been recognized for boosting
mental health coverage to the maximum allowable and providing manager-being
training. Additionally, they have rebranded their health spending account to
"Wellness Wednesdays" to include financial health and have implemented group
challenges focused on healthy competition. These initiatives reflect a comprehensive
approach to employee well-being, encompassing mental, physical, and financial
health.
In my opinion, these organizations are considered the best in utilizing total rewards due to their
comprehensive and inclusive approach to employee well-being. They have demonstrated a
commitment to addressing various aspects of employee wellness, including financial security,
mental health, and overall well-being. Additionally, their efforts to educate and engage
employees in understanding and utilizing the benefits offered contribute to their recognition as
leaders in total rewards.
References