Finances: The #1 Concern of Employees at Home & Work

What consumes the thoughts of your employees more than anything else both while they’re working and while they’re at home? Sure, occasionally the answer to this question will be politics, family, or health, but most of the time the one concept which consumes our thoughts the most is money. By no means am I suggesting that people are obsessed with money, but the reality is our lives are dictated by our need for our incomes. From the moment we get our first jobs, we create expenses to match our incomes. And as our incomes rise, we accumulate more expenses. For some, expenses accumulate faster than their income increases. Based on the latest research, the population of Americans who have more expenses than income is growing. The 3 Primary “Jobs” of Money Unfortunately, the problems don’t stop there. When we earn our incomes, the money has three primary jobs: First, the …

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“It takes a village…to run a successful corporate wellness program”

It takes a village…to run a successful corporate wellness program

The popular Nigerian proverb of “It takes a whole village to raise a child” is often paraphrased, however, the meaning is clear. The essential meaning is that child upbringing is a communal effort. The same philosophy holds true when implementing and executing a wellness program. Much like the roles of a mother, father, aunt, uncle and even grandparents when raising a child, employers should incorporate specific roles and responsibilities when considering a deployment of a wellness program to its employees. Prior to moving forward with launching a wellness program, it is in the best interests of any employer to select employees (and potentially even outside resources) to come together and serve on a wellness committee. With any launch of a major initiative, proper leadership and consistent fostering is necessary to make sure the program is running as planned. A wellness committee should consider (but not be limited to) representatives from …

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5 Common Mistakes Employers Make in Designing Wellness Programs – And how to Avoid Them

What Is a Total Compensation Statement?

More employers are turning to workplace wellness programs to help control employee benefits costs and as an additional benefit to help attract and retain top employees. Industry research suggests that such investments can pay off handsomely for employers, but only if organizations are smart about how they execute their wellness initiatives. Here are 5 common mistakes that employers make when establishing and managing their wellness programs and offers expert advice on creating and implementing programs that work. 1. Starting Without a Plan You can’t expect to accomplish much with any major initiative if you start without first laying out a plan of action. “One of the biggest mistakes we’ve seen in corporate wellness initiatives (and one reason that many of them fail) is that not enough time is spent in planning,” says Carol Nave, a certified fitness trainer with and owner-operator at X Factor Fitness Solutions. “In the name of urgency, …

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