Adding Wellness to Your Benefits

If you haven’t already, it may be time to consider adding a wellness program into your benefit offerings. According to a study by Go365, engaged member’s health claims costs were 10% lower by year 3. So, not only can wellness solutions create happier and healthier employees, but they can improve your company’s bottom line by lowering healthcare costs moving forward.

What exactly is a wellness program?

Wellness programs are given to employees as a preventive measure to help avoid chronic illness and improve the general health of employees. Typical benefits include stress management, smoking cessation, onsite flu shots, biometric screening, and health fairs.

What are the benefits?

  • Employee health is good for everybody – A healthy workforce is in the company’s best interests. Less doctor’s visits, less sick days, more productivity!
  • Boosts morale – Physically and mentally healthy employees can help create a culture of wellness and boost morale to create positive attitudes throughout
  • Better ROI – Health programs can produce savings from medical costs and absenteeism-related costs
  • Gets employees together- Building a healthy culture can support teamwork and collaboration through healthy challenges or simply by talking about it around the office

Which program is right for me?

Much like the needs of employee’s, the needs of employers can vary based on what they are looking for. Discussing your needs and goals with a wellness solutions broker can help you take the first steps towards getting the right wellness program into your organization. Companies like WeAreWellness have had a lot of success partnering up with wellness vendors to provide the right solution for companies across different industries.

Ultimately, a corporate wellness program can become a retention tool and reduce healthcare costs when its time for open enrollment again. A healthy workforce is an engaged workforce!

4 Signs Its Time for Outsourcing HR

From payroll to benefits and onboarding, human resources tasks can be time-consuming and complex. So, how do you know if it’s time to explore your outsourced HR options?

Heavy administrative focus

If you don’t have full time staff dedicated to HR functions, administrative tasks like providing benefits, answering any benefits-related questions, company policies, background checks, etc. can be taking away valuable time from other things you need to be focusing on. As these tasks aren’t going to generate any income for your business, you may want to free up some of the time spent here to focus on other responsibilities.

Struggling to keep up with legal regulations and compliance

Staying up to date with compliance and ever changing rules and regulation year after year can be a difficult task. Between payroll taxes, the Affordable Care Act, and any other number of laws that can change each year, mistakes are more likely to occur and can result in big fines.

Can’t afford full time HR staff

You can save a lot of money by outsourcing your HR department and get all of the same benefits of an in-house team. Outsourcing can help reduce salaries, benefits, office space, computers, and a number of other costly items that are required to have a full-time team on staff.

Trouble hiring the right talent

A PEO can help you attract top talent by giving you the ability to offer a competitive benefits package. A PEO works by pooling together all of its clients to negotiate attractive benefits packages including things like insurance and retirement accounts.

If you are finding yourself struggling to keep up with HR, you could consider professional employer organizations (PEO) that can take all HR tasks for you and free up your time to help manage other core competencies within your business. On the other hand, if you need HR experts to act as your personal concierge through your HR from ADP, PayChex, or Paylocity to problems with ERISA compliance, weareHR is a viable option.