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KrowdFit, the enterprise cash-back wellness incentive program in the US and Canada, has released a rewards program for individuals. Unlike traditional wellness programs that focus on granting prize money for weight loss, KrowdFit rewards its users with cash every Monday for engaging in daily wellness activities, such as mindfulness, healthy sleep, steps, food logging, and physical activity.
“Research has shown that monetary incentives enhance the effectiveness of attaining fitness and wellness goals of all sorts, especially when tied to a social network,” said Jim Miller, CEO and founder of KrowdFit. “There is no silver bullet – change occurs over time, step by step, which is why we’re committed to rewarding our members for the effort they make to consistently engage in healthy activities regardless of how much they weigh or how fit they are.”
With integration into Apple Watch, Fitbit, and other fitness trackers, KrowdFit members’ sleep, steps, mindfulness, and fitness activities are logged into the KrowdFit app. Each time an activity is logged, users automatically earn an entry into one of five different cash giveaways, making them eligible to receive weekly, monthly, and quarterly cash incentives of up to $5,000 each.
Over the past several years, KrowdFit’s employee incentive program has paid out more than $2 million in cash rewards, with the average member winning $450 a year. 62% of active members report walking and moving more, 67% report improved eating and sleeping habits, and 53% report weight loss.
- $600 Bi-Monthly Mindfulness Cash Giveaway: Six winners are selected twice a month to split a $300 cash prize at $50 each. Users can earn one entry per five minutes of mindfulness, with a maximum of two entries per day.
- $1,500 Weekly Meal Logging Cash Giveaway: Twelve winners are selected weekly to split a $1,500 cash prize at $125 each. Users can earn one entry per meal logged, with a maximum of five entries per day.
- $2,000 Monthly Sleep Cash Giveaway: Eight winners are selected monthly to split a $2,000 cash prize at $250 each. Users can earn up to three entries per day for eight hours of sleep.
- $5,000 Quarterly Steps Cash Giveaway: Two winners are selected quarterly to split a $5,000 cash prize at $2,500 each. Users can earn one entry for 5,000 steps or four entries per day.
- $20,000 Quarterly Physical Activity Giveaway: Four winners are selected quarterly to split a $20,000 cash prize at $5,000 each. Users can earn one entry for 30 minutes of activity or a maximum of four entries per day.
KrowdFit is free to use; however, users can choose to subscribe for Premium Membership for $1.99/mo. or $17.99/yr., providing members the ability to Level-Up and receive an automatic bonus “Amp’d” entries to maximize their chances of winning a prize. Visit the KrowdFit website to get started