Module 4 – Case

TOTAL REWARDS IN PRACTICE

Case Assignment Overview

Signature Assignment: Quantitative Reasoning, Introduced Level

In this assignment, your quantitative reasoning skills will be assessed at the “introduced” level. The Quantitative Reasoning rubric will be useful for this purpose. Then in HRM520 your quantitative reasoning skills will be further assessed at the “reinforced” level. Finally, in HRM599 your skills will be assessed at the “emphasized” level.

Case Assignment

To begin this assignment, look over the  2018 Employer Health Benefits Survey  that provides information on the rising costs of health insurance to employers and employees, specifically turn to Section 1: Cost of Health Insurance.

Also, read the article,  Wellness ROI versus VOI , by Dr. Steve Aldana of WellSteps. Dr. Aldana discusses the importance of using both Return on Investment and Value on Investment in determining the best wellness programs to implement to help drive down health care costs, absenteeism, and presenteeism.

See the area where three calculators are provided found at  https://www.wellsteps.com/blog/2018/01/10/wellness-roi-employee-wellbeing-programs/.

Watch the videos provided with the calculators for possible impact on health care costs, absenteeism, and presenteeism of wellness programs. (Adobe Flash is needed for viewing the videos).

For each of the topics — health care costs, absenteeism, and presenteeism — run some numbers to see the impact that wellness programs might have on reducing costs. (It will be helpful for you use some of the numbers from the 2018 Employer Health Benefits Survey for costs of health insurance premiums. Plug in three scenarios for each of the three topics. The numbers used may be the same for each topic, or different. Try to use numbers that show significant differences when calculated, however.)

Prepare three tables in Word (Insert>Table) to show the numbers you chose. Your table for each should be set up like this:

Health Care Costs:

Absenteeism:

Presenteeism:

Write a 3- to 4-page narrative summarizing and analyzing the data. Do not merely repeat the numbers from your tables without analyzing the findings and making recommendations for employers (and employees). Include your tables along with your 3- to 4-page summary AND at least one graph to go along with each table. Be sure to indicate which example each graph belongs with.

Cite any sources utilized.

Assignment Expectations

Your submission will be evaluated using the criteria as stated in the Quantitative Reasoning rubric. The following is a review of the rubric criteria:

Critical Thinking: Expressing quantitative analysis of data (factual information) to support the discussion showing what evidence is used and how it is contextualized.

Interpretation: Explaining information presented in mathematical terms (e.g., equations, graphs, diagrams, tables, words)

Presentation: Ability to convert relevant information into various mathematical terms (e.g., equations, graphs, diagrams, tables, words)

Conclusions: Drawing appropriate conclusions based on the analysis of factual information/data.