Majority of Companies Help Cover Physical, Financial and Mental Wellness Program Costs for Employees
Companies are going beyond providing traditional health benefits to address employees’ well-being, finds a survey from global staffing firm Robert Half. In research conducted for the Robert Half 2020 Salary Guides, most employers said they offer physical (63%), financial (65%) and mental (74%) wellness programs. Organizations also cover at least some of the cost for these physical and financial (51% each) and mental (64%) wellness resources.
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In addition, the research found that 71% of companies plan to provide incentives such as bonuses, profit-sharing and spot awards in the year ahead. In fact, many of those firms expect to increase the dollar amount (43%) or frequency (41%) of these rewards, and 33% anticipate adding new offerings in this area.
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“More and more companies are focused on all aspects of well-being in their recruitment and retention efforts,” said Paul McDonald, senior executive director for Robert Half. “Offering benefits like health insurance is just one piece of the puzzle. Resources like stress management and retirement planning seminars help workers balance professional and personal priorities.”
McDonald added, “In addition to providing competitive benefits and perks packages, employers can also keep staff motivated by giving them regular bonuses and other rewards tied to job performance.”
The online surveys were developed by Robert Half and conducted by independent research firms. They include responses from more than 1,000 HR managers at companies with 20 or more employees and more than 2,000 workers 18 years of age or older and employed in office environments in North America.
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