Understanding the tax implications of wellness program incentives is crucial for employers aiming to maintain compliance and optimize the benefits of such programs for employers. Not all wellness incentives are tax-free; some may be considered taxable income to employees, leading to potential compliance issues if not properly managed. This blog provides an overview of taxable Read more…
As the weather warms up and the days get longer, it’s the perfect time to spring into better health and wellness by refreshing your corporate wellness program. Research shows that seasonal changes can have a positive impact on mental and physical health, making spring an ideal time to introduce new wellness initiatives. A Spring into Read more…
Finding the right employees can be challenging, but keeping them engaged and loyal can be even tougher. With high turnover rates affecting businesses across industries, worker retention is a priority for many organizations. A 2023 study by the Society for Human Resource Management (SHRM) found that replacing an employee can cost up to 6-9 months Read more…
Did you know that preventive care can reduce emergency room visits by up to 25%? Preventive health incentives are transforming the way organizations approach wellness, offering a clear path to reducing healthcare costs while improving employee engagement. By investing in proactive care and meaningful incentives, businesses can reap measurable benefits in ROI, employee satisfaction, and Read more…
The term “quiet quitting” has captured the attention of businesses everywhere, spotlighting a growing trend of employee disengagement. While these employees may not formally resign, their lack of motivation and participation can ripple through an organization, impacting productivity, morale, and retention. Workplace wellness programs, designed to address the root causes of disengagement, offer a powerful Read more…
