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Workplace Wellness Programs: Are They Really Worth the Investment?

Insperity

Lower health insurance premiums? One 2012 report found that most North American employers who have analyzed the ROI of their wellness programs saved one to three health plan dollars per dollar invested. Here are some low-cost wellness program ideas to bring to the planning table. Happier employees? Why workplace wellness?

Insurance 240
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Tracking employee health metrics: Great idea or big mistake?

Insperity

Some experts contend this data may boost a company’s bottom line , and many insurance providers are promising lower health care premiums in exchange for it. If not designed correctly, these wellness programs can violate federal laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Affordable Care Act (ACA).

Insurance 166
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How to Define and Plan for Financial Freedom

Success

It could also mean that you can take care of whatever problems come your way—despite the loss of a job or other income streams, you can continue to put food on the table and a roof over your head. Look at things like health care, groceries, utilities, and insurance. Your current budget is a great place to start and build on.

Planning 116
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Have a Strategic Plan So You Can Cash Out On Your Terms

Success

While quitting your job and walking out in a blaze of glory might seem satisfying at the moment, it’s crucial that if you are going to quit your job, you have developed a plan to make sure your financial bases are covered and that you leave on your terms , not anyone else’s. Make a plan. Developing a spending plan.

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3 Steps to Take Before Going Into Business for Yourself

Success

Next, you’ll need to consider your current company benefits such as health insurance and retirement plans. According to the Bureau of Labor Statistics , the average employer paid “78% of medical care premiums for single coverage plans” in 2021, which is a nice perk. Create a plan. First, what are you trying to accomplish?

Insurance 128
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5 Strategies for Recruiting in a Post-Pandemic World

Vantage Circle

Consider onboarding some of the following benefits to your employee package plan: Paid time off (mental health days, sick days, and vacation days). Health insurance. Dental insurance. Vision insurance. Long term disability insurance. Short term disability insurance. Tuition reimbursement. Childcare benefits.

Insurance 116
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Everything You Need to Know About Emergency Funds

Success

If you have dependents, heavy debt or access to other funds, like a partner’s salary or unemployment insurance, the amount you need to save will vary. Consider the minimum amount you spend each month on non-negotiable expenses like: Housing Food Utilities Insurance (health, car, etc.) How much should an emergency fund be?

Banking 119