This month’s HR Brief examines how workplace wellness should include more than just physical health initiatives and briefly explains how to avoid retaliation claims.
Download the full version of this HR Brief
Workplace Wellness is About More Than Just Physical Health
Cultivating a culture of wellness at organizations is a common trend for employers across the country. In fact, according to the Employer Health Benefits 2018 Annual Survey, 82 percent of large firms and 53 percent of small firms offer some sort of wellness program.
Historically, many of these programs focus on physical well-being, with employers creating programs intended to encourage smoking cessation and exercising. Unfortunately, health-conscious employers and employees alike often overlook one important component to wellness: financial health.
The Hard Truth
A recent Bankrate survey revealed that 65 percent of Americans save little or nothing at all from each paycheck. This, compounded with the fact that over 40 percent of Americans have less than $10,000 saved for when they retire, is alarming.
How You Can Help
When employees are stressed about money and saving for their long-term goals, the chronic stress can be detrimental to their overall health and workplace engagement. Investing in employee financial wellness can be beneficial to both you and your employees.
Consider implementing a financial wellness program that focuses on planning for the future and budgeting. You may want to bring in a financial expert or consultant for your employees as well.
Contact us today to learn more about our financial planning assistance resources.
Retaliation Claims Are Up, Are You Prepared?
Recent news has reflected that the Equal Employment Opportunity Commission (EEOC) has been successful in retaliation claims against employers. In 2019 so far, the EEOC has won over $775,000 for employees in retaliation and sexual harassment lawsuits.
What Does This Mean for You?
Per federal law, an employer may not fire, demote, harass or otherwise retaliate against an individual for filing a charge of discrimination, participating in a discrimination proceeding or otherwise opposing discrimination.
Despite this, retaliation claims are historically the most common workplace discrimination claims. Employers should take the following steps to protect themselves from retaliation and other discrimination claims:
- Create a clear anti-retaliation policy that includes specific examples of what management can and cannot do when disciplining or terminating employees.
- Provide training to management and employees on anti-retaliation and other discrimination policies.
- Implement a user-friendly internal complaint procedure for employees.
For more information on discrimination claims and for tips on how to protect your business, contact us today.
IRS Releases Employee Benefit Plan Limits for 2025
Employee benefits often come with annual dollar limits that are adjusted for inflation each year,
Wrapping Up 2024: Our Top Blog Posts of the Year
As 2024 ends, we’re highlighting the year’s top blog posts on renewal strategies, construction risks,
More States Preparing for Pay Transparency Rules in 2025
States have been adding pay transparency requirements since 2021. Most recently, Maryland’s Wage Range Transparency Act took