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Impact of Health & Wellbeing
The benefits of investing in your people
Attrition Risk
Stress makes employees 3x more likely to quit their jobs
Burnout Costs
Burnout costs 15-20% of total payroll in turnover costs
Lack of Well-being
Only 20% of employees say their company supports their wellbeing
Comprehensive Benefits
Custom wellbeing incentive options
Reduce burnout, cut absenteeism, and raise motivation with curated incentives that support every employee.
Fitness Incentives
Gym memberships
Fitness equipment stipends & LSAs
Reward participation
Mental Health Support
Therapy stipend
Mindfulness app subscription
Meditation challenges
Financial Confidence
Childcare stipend
Commuter reimbursement
Financial workshop incentives
LIfestyle Spending Accounts
Easily reload LSAs to support continuous
wellbeing
Lifestyle Spending Accounts (LSAs) offer a recurring, flexible stipend for employees to use on whichever well-being costs are most impactful for them. Often tax-advantaged, these programmes boost health and well-being without the hassle.
Why Health & WellBeing Matters
Healthy people = healthy cultures
“Employees love the programme, especially the peer-to-peer recognition feature. Reading through the recognition feed and seeing what employees are posting about one another reinforces our culture and brings joy.”
Kymberlee Stephens, Director of Employee Experience and Wellness
350
%
increase in engagement
52
days of administration time saved
We use recognition as a tool to motivate and encourage our employees—everyone knows Awardco because we actively use it for any and all incentives for employees.
And we've also tied that to wellness... Every year, we encourage our associates to go get their annual physical. If you turn [a] form in, you get Awardco points. It's another way to tie healthy lifestyle to what's important to us in the bank to making an impact with our associates.
Getting buy in for wellbeing can be kinda challenging because we're all busy. Right? And so now go work out or go do this. And so partnering with organisations such as Awardco, we're trying to think outside of the box and create different types of challenges.
Awardco made it easy for every employee, whether in Dallas or the UK, to feel seen, valued, and celebrated.
Thought Leadership & Resources
Employee health and wellbeing resources
© 2025 Awardco
