Benefits Strategy

Why WageWorks May not Work for You

The number one rule of employee benefits administration is that no program should be one-size fits all. What is a one-size fits all solution? The best example is any basic reimbursement program. Gym reimbursement programs typically require employees to submit receipts for gym memberships, and then reimburse them through their wages. But this option doesn’t Read more…

Benefits Strategy

The PHIT Act: A Bill that Could Improve Employee Health

One tenant of healthcare wisdom is that healthcare should focus on preventative care, versus treating people for illness later. Another bill championing this approach is the PHIT Act, or the Personal Health Investment Today Act. The PHIT act is supported by both Democrats and Republicans, and would create a pre-tax benefit account for people. This account Read more…

Benefits Strategy

Why Perks Don’t Create Company Culture

Company culture is is a phrase that is often tossed around, but rarely defined. Companies want their workplaces to have it, but don’t know what kind of culture to create, let alone how to create it. Many companies will turn to perks, or employee benefits (part of a broader employee benefit program), as a way Read more…

Benefits Strategy

Gym Reimbursement Programs: The Top Mistakes

Workplace wellness employee benefit programs are in place in a growing number of companies (companies like Google are actually setting the standard for a world-class employee benefit program), and one of the most common is the Gym Reimbursement Program, or Fitness Subsidies. The idea is great, in theory: companies provide employees with a discount or Read more…

Benefits Strategy

Saving Money on Bulk Purchasing Workout Trackers

Buying health bands in bulk for your employees can be expensive. Many employees already have a favorite wearable technology fitness tracker, and won’t use a different one. Additionally, employees may find it hard to start using one if they haven’t before. Fortunately you can follow a few rules to make providing fitness trackers an affordable Read more…