How to ensure your benefit plan impacts employee well-being and productivity
07 October 2019
Employee wellness strategies and programs are on the rise as more organizations see them as a strategic imperative. Yet they are still often siloed and offered as a program rather than a strategy that connects the dots between human resources, operations, marketing, corporate strategy and overall culture.
Many programs often include things like walking or step challenges, nutrition or weight loss programs, a psychological health and safety plan and wellness workshops and education.
These things are important. But just as important is consideration of your benefits plan. Whether you have a benefits manager, wellness director or an HR manager that wears ten hats - the person passionate about supporting employee well-being and helping the business succeed - must connect the dots to improve employee well-being and engagement as well as organizational performance. That’s your job. You are a facilitator of positive culture change. You facilitate engagement and adoption of strategies that are owned by everyone!
So, where do you start? Navigating the benefits space for any business can be challenging so use a benefits broker to make sure you get a plan that meets your objectives. When employee well-being is a priority and you want to help prevent people from getting sick as well as having them covered when they get sick, there are a few ways to leverage an employee benefits plan to support well-being and performance.
Try adding a lifestyle/wellness account to your benefits offering. While this is a taxable amount to employees, most employees enjoy the option to choose items such as:
- Gym memberships
- Sporting activities like slow pitch and others
- Equipment for sports, like new ski boots
Other items that can be added to your employee benefits plan include:
- Employee Assistance Program (EAP): Often underutilized, a good EAP program often can or will include many preventative programs that promote well-being. For example, many offer apps, workshops, challenges, and other education opportunities.
- Health spending accounts
- Short- and long-term disability
- Employee life insurance
- Critical illness
Once you get a great benefits program in place, make sure you promote it well to get the best bang for your buck!
Blog submitted by Chamber Member Wellness Works Canada