Print Page   |   Contact Us   |   Sign In   |   Register
SHRMGP Law and Legislative Blog
Blog Home All Blogs
Search all posts for:   

 

View all (14) posts »
 

2017 Workplace Wellness Trends

Posted By Administration, Thursday, July 27, 2017
Updated: Tuesday, May 30, 2017

2017 Workplace Wellness Trends

By: Cory Jorbin, HUB International

 

Wellness programs have grown in popularity among employers in recent years. The main goal of these programs is to improve wellness among employees, which hopefully leads to lower healthcare costs. From a compliance perspective, wellness programs present employers with design challenges. In order to avoid compliance challenges associated with collecting health information, or tying participation to health insurance premiums, there has been a gradual shift from health related programs to focusing on providing benefits to employees in hopes of driving overall engagement and employee satisfaction. Here are three of the top trends for wellness programs for 2017:

 

Financial Stress and Wellbeing

Stress is the number one driver of lost productivity, and finances are the top driver of stress. When employees are overwhelmed by their financial situation, they’re less likely to prioritize healthy behaviors like eating well, exercising and not smoking. Many employers are responding to this “stress epidemic” by including a financial component within their wellbeing programs. Possible ways to address this are access to financial planning services, budgeting and debt management education, and the importance of financial planning for life events.

 

Diverse Workforce Impact: Cultural and Generational Differences

As workforce demographics continue to change, many employers struggle with how to meet the needs of today’s multi-cultural and multi-generational workforce. In an effort to engage diverse audiences, more employers are positioning initiatives in a broader, more integrated fashion with a focus on employee’s overall wellbeing. A possible first step is to consider your workforce demographics and do not take a one-sized fits all approach with communications or programming.

 

Culturally Relevant Perks

Among the growing body of research showing that happy workers are more productive, companies are continuing to focus on cultivating a culture of health and wellbeing. In an effort to further enhance culture and employee engagement; many employers are offering unique employee perks in addition to traditional benefits. Finding the right perk means identifying what employees value. A perk that’s great for one company might not be as valued at another. Employers should determine the perks your employees will value the most. For example, millennial employees may be more attracted to companies with student loan repayment programs while baby boomers may place more value on long term care options.

 

A common theme among these trends is that they move beyond the traditional focus of health care spending and involve looking outside the box for new solutions to drive employee engagement. These trends also recognize that a one size fits all approach may not be the best solution among employers with diverse workforces. Designing both communications and perks around what employees might value and respond to best is truly the next step as companies focus on total wellness.  

 

Cory Jorbin is a Compliance Officer with HUB International focusing on ERISA, ACA, Cafeteria Plans, HIPAA, FMLA and related matters.

This post has not been tagged.

Share |
Permalink | Comments (0)
 
more Latest News
There are currently no news items posted.
more Calendar

1/18/2018
SHRMGP January 18, 2018 LLAC Breakfast Briefing

Featured Members

Online Surveys
Connect With Us

Membership Software Powered by YourMembership.com ® :: Legal
Membership Software Powered by YourMembership  ::  Legal