Transcript Southwire – Business Excellence Presentation

Georgia Technical College
Business Excellence
“Health & Wellness”
Lisa Evans, Director of Healthcare
Kristian Crowe, Living Well Manager
August 28, 2012
Who Is Southwire?
• One of North America’s largest wire and
cable manufacturers
• Over $5 billion in sales
• Privately held
• Founded in 1950
• Headquartered Carrollton, GA
• 19 plants, 12 Customer Service Centers
across North America
• “We Deliver Power…”
Did You Know…
Our Workforce and Benefit Costs
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3,800 employees
80% male
Average age = 42
Low turnover
Ranked in top ten of “Best Places to
Work” and a two-time winner of the
“Family Business of the Year” award
in the Atlanta Business Chronicle
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Spend $30 million a year in benefits
Over 10,000 covered lives
Employees pay low premiums
Health and Wellness a Key Driver for Sustainability
Video of Stu Thorn
on Living Well
How did Health and Wellness become a key
strategy for sustainability?
• Continuous focus on offering high
quality, cost effective healthcare
screening and services, both
onsite and across the enterprise
– Flat trend over time as compared to
continuously increasing community
medical cost trend garnered
attention
• Employees valued as a critical
asset for investment
• CEO Engagement with health
and wellness programming
– Video support
Southwire Medical Costs Per Employee/Retiree
(after employee contributions)
Average
$6.890
$8.000
$7.000
Annual Costs ($000)
$6.000
$5.000
$4.000
$3.000
$2.000
$1.000
$0.000
2006
2007
2008
2009
2010
2011
Wellness History
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Our founder, Roy Richards began journey
Fitness Center adjacent to Health Center
Upgraded Fitness Center 2012
(Established 1993)
Corporate Weight Loss Challenges
Lottery Drawings (BMI - related)
Initiated Corporate Wide biometric
screenings in 2010
• High participation rate (98%+)
• $75 increase in monthly
premiums for not participating
or following up
Results were….
Employee Resource Center
Living Well in Action
• Employee input through Wellness
Committees throughout company
• Stretching Program (onsite Physical
Therapy began in June 2012)
• Onsite Personal Trainers & Dieticians
• Videos telling Employee stories
• Healthy Choices in Cafeteria & Vending
Our Living Well Brand