advancingwellness-blog.jpg

Blog

Top Three Workplace Wellbeing Articles - Week of March 12th, 2018

March 16 2018 / by Mari Ryan

news 48268157_m_123rf.jpgEach week I read a number of workplace wellbeing articles from various online resources. Here are my top three picks from this week. I have added my comments about each article and would like to hear what you think too.

Don't miss this blog from earlier this week "Is employee financial wellbeing your business?". Also, don't miss this week's Expert Interview with Lora Fickett, CPA.

Why an emergency savings account should be your next benefit.  by Stacy Van Alystyne (IFEBP)

This article describes the bleak situation that many people find themselves in: struggling to come up with $400 for an unexpected expense.

My comments: Financial wellbeing is getting much more attention in the workplace for because of statistics like this. A high percentage of employees live paycheck to paycheck. Financial wellbeing programs that build skills such as budgeting, and savings, along with specifically targeted benefits such as emergency savings are important steps to support your workforce.

Investing for retirement: a long-term game many workers aren't even playing.  by Angela Antonelli (MarketWatch)

Providing greater access to retirement savings programs is important to improving financial wellbeing. Workers are 15 times more likely to save if they are offered a plan through their employer.

My comments: Given the previous article's statistics on the number of people without enough money for an emergency, it is not a surprise that retirement savings may be out of reach for many. Sadly, many employees don't have access to these types of programs. Employers can help their employee's overall wellbeing by prioritizing retirement savings benefits.

Millennials need help to save adequately for retirement. by Lee Barney  (Plan Sponsor)

The retirement outlook for millennials is dismal. A report from the National Institute on Retirement Savings shows that 66.2% of working millennials have nothing saved for retirement. The article identifies specific actions for how to support millennials with this issue.

maintain a happy workforce is moving up as a necessary element for many companies

Read more at: https://www.bisnow.com/national/news/office/happiness-could-be-the-most-important-kpi-when-it-comes-to-the-office-of-the-future-83130?utm_source=CopyShare&utm_medium=Browser
maintain a happy workforce is moving up as a necessary element for many companies

Read more at: https://www.bisnow.com/national/news/office/happiness-could-be-the-most-important-kpi-when-it-comes-to-the-office-of-the-future-83130?utm_source=CopyShare&utm_medium=Browser

My comments: This article highlights some of the unique challenges that millennials face. It also reinforces the need for providing financial wellbeing programs that teach skills. It also offers easy options such as auto enrollment in retirement programs.

Mari Ryan, MBA, MHP, CWP is a workplace wellbeing strategist, professional speaker and consultant. For more information visit www.advwellness.com. Visit our YouTube channel Follow on Twitter @advwellness_us

 

Topics: Worksite Wellness, Wellbeing, Worksite Culture, worksite wellbeing, workplace wellbeing, worksite well-being, productivity, employee benefits, financial wellbeing, lora fickett, retirement savings

Mari Ryan

Written by Mari Ryan

Mari Ryan is the CEO/founder of AdvancingWellness and is a recognized expert in the field of workplace well-being strategy.