Employee Wellness programs have often been viewed as a nice extra, not a strategic imperative. Newer evidence tells a different story. With tax incentives and grants available under recent federal health care legislation, U.S. companies can use wellness programs to chip away at their enormous health care costs, which are only rising with an aging workforce.
Extensive research on workplace wellness has led us to arrive at this definition of it: an organized, employer-sponsored program that is designed to support employees (and, sometimes, their families) as they adopt and sustain behaviors that reduce health risks, improve quality of life, enhance personal effectiveness, and benefit the organization’s bottom line.
The 8 Types Of Work Related Stress Work related stress can fray nerves, keep you up at night and contribute to health problems such as heart disease and depression. “Chronic job strain can put both your physical and emotional health at risk,” says Paul J. Rosch, MD, the president of the American Institute of Stress. Finding the source of your work related stress is the first step to fighting it, but that’s easier said than done. Fortunately, experts have identified specific work situations that are likely to make your blood...read more
Employee Retention Now a Big Issue: Why the Tide has Turned I can tell the economy is recovering: we’re suddenly seeing companies tell us that “employee retention” has become a critical issue. Let me give you some research-based perspectives on this critically important topic. What does Retention Mean? Nearly all companies measure turnover. In some industries (retail, customer service, hospitality) turnover rates of 30-40% are common and sometimes even accepted. I had a conversation with one HR manager who told me “we...read more
Healthcare Costs Rising Sharply This Year, Study Shows A new study by the Kaiser Family Foundation, a nonprofit research group that tracks employer-sponsored health insurance on a yearly basis, shows that the average annual premium for family coverage through an employer reached $15,073 in 2011, an increase of 9 percent over the previous year. “The open question is whether that’s a one-time spike or the start of a period of higher increases,” said Drew Altman, the chief executive of the Kaiser foundation. The steep increase in rates is...read more