Meeting Sponsored by
New Member Orientation at 5:30 PM
Join us on May 12, 2015 for a dinner presentation at the Christiana Hilton at 5:30 pm. J. David Johnson, a Vice President and Senior Consultant with Sibson Consulting will speak on the topic of Nudging Employees To Better Health and Retirement – An HR Executive's Guide To Behavioral Economics”.
Employees routinely make poor decisions about their health, and how they save for retirement, impacting themselves and their employer. So how can HR leaders get employees to make better choices? We will outline basic principles of Behavioral Economics to “nudge” employees to adopt healthier habits and save more for retirement. We cite research and give specific examples of how employers can provide the knowledge, motivation and resources to help employees:
- Improve nutrition
- Increase physical activity / ensure adequate sleep
- Reduce risky behaviors such as tobacco use and excessive alcohol use
- Enhance overall wellbeing through stress reduction and better work / life balance
- Become better healthcare consumers
- Understand what they actually need to save for retirement
- Make better choices about their retirement savings
I. Business Case for Changing Employee Behaviors
a. Impact of Poor Health on Business
b. Impact of Employees’ Inadequate Retirement Planning
II. Principles of Behavioral Economics
a. Two Systems of Thinking – Fast and Slow
b. Heuristics, including
i. Endowment Effect
ii. Loss Aversion
iii. Status Quo Bias
iv. Clue Seeking Bias
v. Expert’s Certainty Bias
vi Preference for Now vs. Future
vii. Sentinel Event Sensitivity
viii. Optimism Bias
c. Choice Architecture, including:
iv. Default Options
vii. Foot in the Door
viii. Behavioral Messaging
III. Other Drivers of Behavior Change
a. How Habits Drive Behavior
b. Transtheoretical Model of Behavior Change
i. Five Key Stages of Change
ii. Nine Key Processes of Change
IV. Sample Employer Strategies to Leverage Behavioral Economics and Other Drivers of Behavior Change
V. Sources for Additional Information on Topics Discussed
J. David Johnson is a Vice President and Senior Consultant with Sibson Consulting, a division of The Segal Company, a national employee benefits and human resources consulting firm. Based in the Washington, DC office, he works with clients to design and implement strategies to enhance the value of their Human Resources programs. He has particular expertise in evidence-based health improvement programs, behavioral economics and employer issues related to the Affordable Care Act (ACA). He is also an Adjunct Faculty at Towson University, where he teaches Healthy Workforce Management in the Masters in Human Resource Development program.
David has twenty-five years of experience in Human Resources and employee benefits. He is a frequent national and regional speaker on workplace wellness, behavioral economics and the Affordable Care Act. He has provided testimony on employer issues related to ACA to both the US Department of Labor and the Washington, DC City Council. During the last year, he has spoken at two Briefings at the US Capitol on the value of prevention to American employers. He has published multiple articles on employee benefits issues in Bloomberg / Bureau of National Affairs, and has been quoted inEmployee Benefits News, the Washington Business Journal, the Baltimore Business Journal and the Capital Gazette.
David is a Board Member of the MidAtlantic Business Group on Health, past-president of the Worldwide Employee Benefits Group, Baltimore Chapter; National Prevention Committee member and Maryland Board member for the American Diabetes Association; and a Fit-Friendly Employer Reviewer for the American Heart Association. He serves on the State of Maryland’s Health Care Delivery Reform Subcommittee, appointed by Maryland’s Secretary of Health & Mental Hygiene, and on the Payment Models Workgroup for the Maryland Health Services Cost Review Commission. He holds an MBA in Health Care Management from Johns Hopkins University and a Bachelor’s of Science in Public Health from the University of North Carolina at Chapel Hill.
5:30 p.m. Networking ~ 6:20 p.m.~ Dinner ~ 6:45 p.m. Speaker ~ 8:00 p.m. Adjournment
Update on SHRM Certification
DE SHRM Members who have your PHR, SPHR or GPHR Certification: You can now log into the SHRM Online Tutorial Pathway to receive the SHRM-CP or SHRM-SCP designation. There is no cost and it takes about 45 minutes to an hour. http://www.shrm.org/certification/pathway/pages/default.aspx
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Please update your profile or contact Laurie Sample at email@example.com to have your new certification to our nametag.
Laurie Sample, Chapter Administrator