Employee wellness – a concept long embraced by employers as a linchpin of increasing workplace productivity and decreasing health care costs – is undergoing a makeover.
"More and more employers are understanding wellness as a three-legged stool — physical, mental and financial," says Freeman, vice president of St. Louis-based Four Seasons Financial Education (FSFE), which provides workplace financial wellness tools.
Workplace wellness programs have, in their nearly three-decade history, addressed physical and mental health through lifestyle and disease management. According to some estimates, today's wellness industry is worth around $6 billion. And 78 percent of employers offered some form of wellness benefit last year, according to the Society of Human Resource Management.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
