Corporate Rates
Effective Jan 1, 2012
Companies that take an active role in their employee health and well being will be rewarded with employees that are happier, healthier and more productive.
As an employer some of the benefits that you can expect are:
Employees that exercise regularly will find they have more energy which translates into a more energetic, motivated employee;
Regular exercise promotes a healthy body that will result in fewer sick days and less absenteeism due to long-term illness;
Healthy employees experience lower Health Care Premiums resulting in reduced Health Care Costs;
Corporate sponsored Gym memberships are seen as an important employee benefit and can attract new employees;
24 Hour Fitness discounted rates provide an affordable option for Corporate Membership for both the employer and the employee;
Memberships recouped by a monthly payroll deduction represent a significant savings to an employee vs. paying a regular monthly membership.
How does our program work?
The Employer would contract with 24 hour Fitness selecting the number of employees that it wants to have participate in the program and agree a start date;
24 Hour Fitness would provide a quote for the Corporate Membership based on the Rate Structure shown below;
The Employer would pay a 15% deposit of the Quoted amount to begin the Administrative data collection process for the memberships;
The Employer must complete payment for the Corporate memberships prior to the agreed start date;
The Employer may recoup the cost of the Annual Memberships in full or in part through an employee payroll deduction;
Due to the nature of Corporate Memberships individual memberships within the contract cannot be put on hold (freezing one's membership).
What is the Rate Structure?
The minimum number of participants is 20 with a base discount of 7% off of our Published effective rates;
Each subsequent group of 10 participants triggers an additional discount of 3% (e.g. participants 21 to 30 receive a 10% discount);
Sample Corporate Rates
| No. of Participants | Payment by Employer | Discounted Annual Fee per Employee | Monthly Amount to charge Employees | Employee's savings over Regular Monthly payment of $100 |
| 20 | 15,840 | 792.00 | 66.00 | 34.00% |
| 30 | 23,408 | 780.27 | 65.02 | 34.98% |
| 40 | 30,624 | 765.60 | 63.80 | 36.20% |
| 50 | 37,488 | 749.76 | 62.48 | 37.52% |
| 100 | 66,528 | 665.28 | 55.44 | 44.56% |
Contact Michael Jeffrey for more information about our Corporate Rates.