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Wellness programs are an excellent investment for companies in making their employees healthy and productive. There are significant impacts on companies’ bottom lines and help build an engaged workforce, leading to greater productivity.
Lockdowns, stress, and anxiety all played a role in people gaining extra weight and suffering mental health issues like depression during the pandemic. But the tables are turning. While junk food may never go away, people are starting to eat healthier. In fact, one food industry organization found that 85 percent of people changed their eating habits because of COVID-19.
A lot has changed in the world since 2020 and so has the employee benefits picture. The standard benefits — medical, vision, dental, and a retirement package — are the starting point now for candidates, employees, and employers. But over the years, many companies have turned to Lifestyle Spending Accounts, which are used to pay for health, fitness, and more to help your employees’ general health and well-being.
6 ways Lifestyle Spending Accounts can help your employees in 2022
Did you know that about three out of every four companies offer wellness programs? Wellness programs are a win-win for everyone. About 70 percent of employees have higher job satisfaction when they participate in a program, and 63 percent of employers who offer the programs have reported increased financial stability and growth.
Between the pandemic and The Great Resignation, employers have had to retool their benefit packages to attract new talent and retain current employees. Nowhere is that clearer than with employee wellness programs. While these programs have often maintained traditional offerings, they’ve expanded significantly to cover other areas where employees want help or service.
Lifestyle Spending Accounts improve your employees’ lives
Wellness programs are critical for benefits packages
Increase employee retention by offering better benefits
Lifestyle Spending Accounts help retain current and potential employees