Lifestyle Spending Accounts are here for the better
When you look at various surveys, you realize employee wellness is more important now as ever before. The Kaiser Family Foundation says 53 percent of people have depression or anxiety now as a result to the pandemic. Limeade also reports that 72 percent of employees are burnt out. There are also reports of increased alcohol use, smoking, vaping, and other harmful activities. Employers are now looking to add new benefits to help employees deal with the changes.
One benefit that can help employees enjoy a productive life is by creating a company wellness program. Wellness programs are popular with employees, with John Hopkins reporting that about 59 percent of workers said they think companies should work to improve the workforce’s health.
Prioritizing physical and mental health is a well-known action companies can take to improve employee engagement. Research shows that wellness programs align the goals of employees and employers more closely, as employees see their wellness closely aligned with success at the company. Wellness programs are also great benefits to help attract new talent. Recruits are impressed with a company that emphasizes wellness.
Edenred’s new Lifestyle Spending Account solution offers your employees an easy way to participate in wellness activities like:
- Stress Reduction and Resilience programs
- Weight loss programs
- Smoking cessation programs
- Exercise programs and activities
- Nutrition education
Whether employees are working from home or in the office, the Lifestyle Spending Account gives them options to live healthier and happy lives. That helps them to be more productive at work, have fewer sick days, and reduce healthcare costs. Your wellness plan can be customized to fit your company’s needs. It’s also an easy benefit to manage, including controlling costs.
How would your employees benefit from a wellness plan in your office? If you’d like more information on how it could work for you, including the newly available options, schedule a call with Edenred Benefits today.