Employee wellness incentives just got smarter with the new Discovery Corporate Integrator
As an employer, you're faced with many challenges. Perhaps the biggest is keeping your employees inspired and motivated on a daily basis. Employee wellbeing is key to the running of any sustainable business, and when maintained, can help to significantly reduce staff turnover, minimise absenteeism and increase productivity.
This could be a costly exercise, but with Discovery Life as your partner, both your employees and your bottom line can benefit. With the Discovery Corporate Integrator, a powerful employee wellness incentive structure designed to improve the health and wellbeing of your employees, the health and productivity of your business can be boosted at the same time.
What is the Discovery Corporate Integrator?
For years Discovery has partnered with employers to meet various needs of their employees. From the healthcare benefits of Discovery Health Medical Scheme, to the protection benefits of Discovery Life and finally to the ongoing wellness rewards of Vitality.
Now the Discovery Corporate Integrator is taking our employee wellness offering one step further - linking the individual benefits offered through Discovery Health, Discovery Life and Vitality to provide employees with significant financial rewards for being healthy.
How does the Discovery Corporate Integrator work?
The Discovery Corporate Integrator rewards employees for living healthy lifestyles and achieving healthy outcomes with up to 40% of their Discovery Life Group Risk premiums back. The Discovery Corporate Integrator is more than simply another benefit scheme – it is a unique incentive structure that recognises the importance of an employee's wellness, and encourages ongoing healthy choices with tangible financial rewards in the form of PayBacks:
- The Corporate Integrator PayBack rewards a healthy lifestyle: Eligible employees can receive up to 30% of their Discovery Life Group Risk premiums back at the end of every year, based on their Vitality status.
- The Corporate Integrator PayBack Booster rewards healthy outcomes: Eligible employees can also receive an additional 10% of their Group Risk premiums back after three years, if their measurements for cholesterol, blood pressure, glucose and BMI are in range, and they sign a non-smoker declaration.
Who is eligible for the Discovery Corporate Integrator?
Offering unique value to small and medium-sized enterprises, the Discovery Corporate Integrator is available to employers with between 20 and 500 employees. To qualify, employees must:
- Be covered through their employer's Discovery Life Group Risk policy, with life cover of at least two times their annual income, and the Income Continuation Benefit
- Be members of Discovery Health Medical Scheme
- Have attended a Discovery Wellness Experience or completed a Vitality Assessment
- Be engaged with the Vitality programme.
The Discovery Corporate Integrator is a unique approach to benefit structures, one that works with you to help inspire, encourage and motivate your employees, while rewarding them for making healthier, more productive choices.
Speak to your financial adviser about the Discovery Corporate Integrator today to find out more.
