According to a new Harvard University study, 73% of employees surveyed are caring for a child, parent or friend. More importantly, 80% of those admit that caregiving has had a negative impact on their productivity at work and kept them from doing their best work. Employers are beginning to take a more proactive role in helping employees balance these priorities by shaping their benefit programs to accommodate their needs. We’ll take a closer look at some of the steps being taken in our next newsletter.
A recent announcement stated that by year end, Walmart will triple the number of employees taking advantage of company-provided tuition benefits. With 25,000 high school students among their 1.3 million U.S. employees, the company expects to help many avoid the hefty cost of higher education. Disney, Discover and MGM Resorts International are just a few large employers offering free tuition for college or certificate programs in order to attract talented young people.
As more workers struggle with stress in and out of the workplace, some are requesting time off in order to cope. This is not a problem for companies with sick-day policies that allow employees to use their paid personal days for any reason. In other workplaces, people who are honest about asking for a mental health day can sometimes be looked upon as suffering from a mental health issue. Regardless of how your organization may handle these issues, it is important to respect employees’ right to privacy and avoid probing for sensitive information about a person’s well-being.
With student loan debt topping the list of concerns for so many young workers, more and more employers are looking for ways to help. While several large employers are doing things to help them reduce principal and save on interest, one large employer is allowing employees to trade up to 5 vacation days for a payment on their debt. In their program, a person earning $50,000 annually could receive a principal payment of nearly $1,000. The Society of Human Resource Management reports that 4% of employers are offering a student loan repayment benefit of some kind.
The College of Sports Medicine, in ranking fitness trends for 2019, concluded that millennials enjoy being part of a community that will cheer them on when they do a good job and perhaps push them a bit harder when they don’t. Other popular fitness trends include wearable technology, high intensity interval training (HIIT), yoga and more personalized exercise programs designed specifically for members of the baby boomer generation.
Wednesday, May 15th is National Employee Health & Fitness Day and it’s a great opportunity to remind your employees about the importance and benefits of regular exercise!
Exercise has been linked to numerous benefits, such as reducing your risk for chronic health issues like heart disease, diabetes, depression and several types of cancer.
And yet millions of Americans fall short of meeting their daily recommended guidelines; despite the fact that it can be a significant factor with impacting medical expenses. In fact, a 2016 study published by “The Lancet” determined that individuals who participated in a 30-minute walk at least 5 days a week on average spent $2,500 less in annual medical-related expenses than those who didn’t.
So, what can be done? Use this opportunity to kick-start some new wellness initiatives. Start by expressing that this is being implemented because you care about your employees and make it an opportunity to celebrate good health. Instead of providing a pizza party, maybe mix it up with food from a place that offers sandwiches on whole wheat bread or wraps with lean protein options (such as chicken, turkey or even vegetarian options), salads and even fruit in place of cookies. Or you could organize a company-wide walk. As we mentioned before, a 30-minute walk can go a long way and by making time for it, you’re showing employees that it is a priority. Even starting small, with leading a 2-minute midday stretching break can be a small change that eventually leads to a big impact.
The bottom line? Consistent exercise and other healthy habits can save companies millions of dollars in healthcare expenditures. Yet it seems to be one of the hardest habits to make. And since people often spend 40+ hours of their week at work, it’s a great place to also encourage more regular participation. In can be a win-win benefit for both the individual and the company.
Share your plans to celebrate! Send Corporate Fitness & Health your National Employee Health & Fitness Day plans and they will send you a shout out on their social media pages! Email your stories and pictures to firstname.lastname@example.org.
The Diversified Group family of companies includes Corporate Fitness & Health. If you’re looking for a workplace wellness program that you’ll be excited to invest in, one that can help you reduce healthcare costs and help employees avoid elevated health risks, then it’s time you learned about CF&H. With over 30 years of experience, CF&H can help your organization implement a wellness program that will keep your employees happy, healthy and engaged.
Diversified is proud to sponsor the Camphill Village 5K Trail & Fun Run coming up on Saturday, May 18th! If you’d like to participate, there are three running options that allow people of all abilities to join from virtually anywhere!
- Sign up to run from home or anywhere; just be sure to take to Facebook and Instagram to share photos and your reason for participating leading up to and during the run. Use the hashtag #Camphill5K and your posts will be featured on their website and social media. If you send your address, they will also send you a gift from their event to show their thanks.
- Sponsor a runner or sign up to personally run the 5K Trail Run through the Camphill Village scenic woods and pathways.
- Sponsor a participant or sign up to leisurely walk, jog or stroll around Ring Road at the Village in the Fun Run. (Kids 12 & under run the Fun Run for free!)
With these options, it’s easy to support this wonderful cause. Through sponsorships, donations and registrations, this 5K and Fun Run will help to provide the programs and services that make Camphill Village the very special place it is for adults with special needs.
Diversified Group is proud to support this event that attracts virtual runners from all over the country and has raised more than $40,000 to benefit the lives of people who call Camphill Village their home.
To register, click below to visit the website and go to Runner Sign Up.
More About Camphill Village
Camphill Village in upstate New York is 615 acres of wooded hills, gardens and pastures. Adults with special needs and long- and short-term service volunteers live and work together as equals in extended family homes throughout the area. We are a non-profit organization dedicated to our mission of being an integrated community where people with developmental differences are living a life of dignity, equality and purpose. Through sponsorships, donations and registrations, this 5K and Fun Run will help to provide the programs and services that make Camphill Village the very special place it is for adults with special needs.