One firm is offering a new incentive to help employees stay focused on their health: an Apple Watch. A company named Vitality is giving employees the option to buy an Apple Watch for just $25, but they’ll need to stay healthy in order to keep the cost that low. If not, they’ll have to cough up the rest of the cash to cover the cost of Apple’s wearable.
The Wall Street Journal recently covered the deal and said several firms under Vitality’s umbrella are going to offer the incentive to employees. The Affordable Care Act encourages firms such as Vitality to offer incentives to employees, which often come in the form of discounted “wellness” programs, gym memberships and more.
This particular one just happens to outfit employees with a cool new gadget.
Employees need to get out and walk – or exercise – in order to make sure they aren’t paying off the full cost of the Apple Watch, however. The Wall Street Journal said each employee needs to “meet certain individualized fitness goals, such as walking 10,000 steps a day or logging a certain number of minutes or cardio during a given period.”
Employees who fail to hit the gym will need to pay $13.50 per month toward the full cost of the Apple Watch. Certainly might make you think twice before diving into that pint of Ben & Jerry’s ice cream.