Center for Health Incentives and Behavioral Economics News Archive

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Employee Exercise Increases with Competition and Financial Incentives

Source: Live Science, Penn Medicine News, July 15, 2016

A new CHIBE research study published in American Journal of Health Promotion found that comparing performance to average peers and offering financial incentives was the most effective method for increasing physical activity among teams of employees. "Many employers are using workplace competitions and financial incentives to encourage physical activity and other healthy behaviors among their employees," says Mitesh Patel, MD, MBA, MS, lead author of the study. The research team's findings demonstrate that these efforts can be successful when behavioral economics principles are applied.