Employer of Choice E3: Wellness

• Introduction:
  • Host: Tom Parks, Director of Retirement Plan Services at Annex Wealth Management.
  • Guests: Lori Malett and Eric Becher from Hatch Staffing.
  • Topic: Becoming an employer of choice with a focus on wellness.
• Wellness Overview:
  • Wellness includes physical, psychological, emotional, and financial aspects.
  • Financial wellness is highlighted as crucial, impacting other wellness areas.
• Health Wellness:
  • Trends: Increased corporate wellness programs, especially in small to midsize companies.
  • Initiatives: Step challenges, on-site gym amenities, flexible work hours for workouts, and competitive challenges.
  • Incentives: Financial incentives from health insurance companies to reduce premium costs.
• Psychological and Emotional Wellness:
  • Importance of company culture in promoting psychological and emotional wellness.
  • Programs: Mental health resources, financial education, and lunch and learns.
• Financial Wellness:
  • Financial wellness is essential for reducing stress and improving overall health.
  • Education: Importance of educating employees about 401k savings and financial planning.
  • Challenges: Addressing financial concerns of younger employees with student loan debt and high living costs.
• Employer Strategies:
  • Regular engagement and education through various methods (in-person, webinars, postcards, YouTube videos).
  • Importance of understanding employee needs and avoiding judgment.
  • Utilizing existing resources from health insurers and wellness providers.
• Key Takeaways:
  • Start small with wellness programs and create engagement.
  • Use current resources and partner with experts.
  • Make wellness programs fun and engaging to encourage participation.
• Conclusion:
  • Emphasis on the importance of wellness in becoming an employer of choice.
  • Encouragement to continue the discussion on leadership and brand in future episodes.