A Positive State of Well-Being

NORTHAMPTON, MA / ACCESSWIRE / May 24, 2024 / Trane Technologies
A Q&A with Trane Technologies' Lynn Castrataro on our approach to align well-being offerings into a way of life and match company culture.

Foto: Accesswire

Lynn Castrataro

Well-being offerings are not just a benefit for employees - they're an expectation. In fact, in a recent study, 9 out of 10 employees said that well-being offerings impacted their decision-making when selecting an employer.

But how can companies differentiate between offering well-being programs that simply meet expectations and well-being programs that are meaningful and effective? The answer may be how embedded well-being is in a company's culture.

In an interview with Lynn Castrataro, vice president, Total Rewards, for Trane Technologies, we explored how this approach can help employees truly thrive.

What differentiates well-being offerings at Trane Technologies?

Lynn: In the last five years, wellness programs have developed tremendously because runaway healthcare inflation outpaced regular inflation. Companies have also realized health is not just physical; it is also about social and emotional well-being.

We have focused on "total health" from the beginning. Physical, mental and financial wellness have been pillars of our well-being portfolio for more than a decade - it is who we are, how we manage the company and how we treat our people every single day.

I'm proud to say that today, holistic well-being is completely embedded in our culture. In fact, we have organically grown a network of nearly 300 team members who volunteer as wellness champions to share health and wellness information with their local teams, and our executive leaders sponsor well-being programs for team members around the world.

All this took time, care and thought to build, and it will continue to take the same time and care to sustain.

How is the company evolving offerings for the future?

Lynn: While our emphasis on total health never changes, we know employees' needs evolve. That's why we conduct listening sessions with team members all around the world to understand what they need to be able to thrive within their families and their communities. These conversations help us create offerings that matter to them - whether it's financial saving opportunities, family-building support or mental health care.

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