When Medtronic decided to focus on the health and wellbeing of its employees, the results were surprising, says Gen Barron.
Medtronic is a medical technology company with staff in more than 50 countries. Its core mission is "contributing to human welfare". An early adopter of wellness initiatives, the company believes that healthier employees will be happier and, therefore, more productive, having a positive effect on both the individual and the organisation.
The company's global rewards programme offers a variety of resources to boost an employee's mind, body and spirit, with the aim of ensuring staff members are fully present and productive at work and in their personal lives.
Wellbeing is seen as a vital employee benefit alongside traditional financial rewards and healthcare, with a number of wellness measures put in place to improve the work-life balance.
The company is now building a single, integrated, global employee health and wellbeing programme through understanding its employees' health and wellbeing needs.
Medtronic decided to create a comprehensive, integrated and measurable approach to employee wellness. Important components of its health programmes include: health risk assessments; online tools; health coaching; and biometric and preventative screenings. At the forefront of its employee health rewards are a number of programmes that focus on the prevention and early detection of health issues.
Medtronic is a medical technology company providing life-long solutions to those suffering from chronic diseases. Founded by Earl Bakken, who invented the world's first external pacemaker in his garage in 1949, it has grown into a global organisation, with annual sales of more than $14 billion and a workforce of 45,000 employees.
The company wanted to monitor and measure health and wellbeing throughout the organisation to analyse the impact employee health had on HR and business costs, and to understand the most important issues that needed to be tackled.
Medtronic needed benchmarks in place to monitor individual health status and collect information that would enable it to compare and contrast different regions and employee gro