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 “mastered” level.
Case Assignment
This assignment requires you to:
Use online calculators to determine what impact wellness programs might have on an organization’s health care costs, absenteeism, and presenteeism. The assignment also shows the risks of doing nothing to try to curb those health insurance, absenteeism, and presenteeism costs.
To carry out the assignment, you are required to:
Complete 3 tables—one each for Health Care Costs, Absenteeism, and Presenteeism.
Use relevant data that you find from reputable sources for annual health care costs, number of employees, percent obese, and percent smokers. [If you cannot readily find actual data from searching sources, use fictitious data that seems realistic to you.] Select your own targets for percent obese and percent smokers.
To utilize your quantitative reasoning skills, it is important you analyze, synthesize, and accurately report your findings in a 3-page paper (not counting the title page, reference page, or appendices).
Feel free to use the same data for each table, but you should try to use examples of data that show significant differences when calculated.
Follow this link to the calculators: https://www.wellsteps.com/roi/
Additional information can be found at Well Steps – https://www.wellsteps.com/resources/tools/.
Calculate the possible impact on health care costs, absenteeism, and presenteeism of wellness programs.
Prepare three tables in Word to show the data you choose. Your tables should be set up like this:
Health Care Costs:
Health Care Costs:
Annual Health Care Costs
Annual Cost Increase
Number of Employees
% of employees obese
% that are smokers
Target percent obese
Target percent smokers
2019