Tuesday, March 8, 2016

Employees Get Apple Watch for $25 (But There’s a Catch)

The activity app on an Apple Watch is displayed during a preview event for the smartwatch in 2015. Some employers are offering these watches for $25 to their staff, if they can stick to fitness goals over a period of two years. PHOTO: CHRIS RATCLIFFE/BLOOMBERG

"In the Vitality program, announced Wednesday, participating employees who pay a $25 activity fee will receive an Apple Watch. They then pay up $13.50 every month for two years, unless they meet certain individualized fitness goals, such as walking 10,000 steps a day or logging a certain number of minutes of cardio during a given period, says Adrian Gore, Discovery’s chief executive and founder. If workers meet the goals their monthly payments can be reduced to zero."


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